Bloomberg Treasuries have lost their edge over stocks as the U.S. economy expands enough to push the Federal Reserve toward raising interest rates. U.S. government securities stagnated for a second month in May, leaving them little changed for the second quarter. The S&P 500 Index of shares has returned 2.3 percent since the end of March, based on data ...

  Bloomberg Chilean retail sales rose at the fastest pace in two-and-a-half years in April as early rains and cold weather encouraged consumers to shop for winter clothes earlier than last year. Sales leaped 7.9 percent from the year earlier, the national statistics agency said on its website, compared with the 4.5 percent median forecast of 13 analysts surveyed by ...

  Bloomberg Brazil’s central government posted a higher-than-expected primary fiscal surplus in April due to a seasonal windfall, a week after the government of Acting President Michel Temer obtained permission to close the year with the widest budget gap on record. The surplus before interest payments, which excludes results of states, municipalities and state-owned companies, reached 9.8 billion reais ($2.7 ...