Bloomberg US retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as economy reopens. The total value of retail purchases fall 1.3% in May following an upwardly revised 0.9% gain in April, Commerce Department figures showed. The median estimate in a Bloomberg survey ...

Bloomberg With European stocks only just off record-highs, investors have to look harder than ever to find pockets of value. Companies that can absorb an inflation spike are in hot demand, while many think so-called value stocks are still cheap relative to growth, even after a huge rally. Others see upside potential in laggard sectors like energy and health care, ...

Bloomberg The thought of central bank policy makers easing off their campaign to liquefy bond markets has hung like a sword over equity investors for years. At least at the earnings level, there may be less reason for anguish than is usually recognised. Research from UBS Group AG says that should the Federal Reserve turn off the spigot on its ...