Retail sales rose 0.2 percent in August, half the rate analysts expected. Consumer sentiment falls, mortgage rates rise, and Obama administration denies report that it has picked a new Fed chairman.
Retail sales rose 0.2 percent in July. It's a meager total, but a bounce back for "core" retail sales hints at accelerated consumer spending.
US unemployment rate drops to 7.4 percent, but hours worked and wages drop slightly in July. Also this week in the economy: Stock market hits new record and tech world eyes Google's new hardware offerings