Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise.
To hear JPMorgan Chase JPM +4.15% tell it, the U.S. economy looks pretty good and the bloodbath in the oil market over the last year-plus isn't causing any undue pressure on its balance sheet.
It does, and the company that owns the once-ubiquitous social network is being bought by Time Inc. to help the magazine publisher target ads.
Europe is still trying to crawl back to where it was in 2008. That was the subtext of the economic data for the eurozone published on Friday.
U.S. stocks fell, with Dow Jones Industrial Average tumbling more than 250 points, amid mounting concern that central-bank efforts to support growth are losing their potency.