Dow Jones Top Markets Headlines at 1 PM ET: Solid Economic Data Show U.S. Economy Running Hot Ahead of Fed Decision | U.S. ...
Solid Economic Data Show U.S. Economy Running Hot Ahead of Fed Decision
The robust gain in retail sales added to a string of hot economic data in August, supporting the notion the U.S. economy is strong enough to withstand higher interest rates headed into the Fed's policy decision, analysts say.
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U.S. Retail Sales Rebound in Show of Consumer Strength
Retailers' sales rose by 1.2% last month, versus the 0.5% decrease recorded in July. The August reading was higher than the 0.8% increase economists expected.
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Markets Steady as Investors Await Rate Decision
Markets were largely calm ahead of the Fed's 2 p.m. ET policy announcement.
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EU Chief Backs Canada's Push to Become Bloc's First Associate Member
European Commission President Ursula von der Leyen's comments follow efforts by Canada's Mark Carney to accelerate his country's pivot to the bloc.
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U.S. Crude Oil Stockpiles Post Moderate Draw
U.S. crude oil inventories fell for a third consecutive week while gasoline and distillate stocks saw increases.
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Canada Housing Starts Edge Down in August
Housing starts across Canada came in at a seasonally adjusted annualized rate in August of 229,046 units, a 0.1% dip from the month before, and under the 240,000 residential projects expected.
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Eyes on Fed Decision After Bitcoin Trades Near 4-Week Low on Failed Clarity Vote
Bitcoin traded at $75,877 in afternoon European trade, after falling around 4% a day earlier to as low as $75,026. A Fed rate hike could further weigh on cryptocurrencies.
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Eurozone Industrial Production Fell at Start of Third Quarter
The data highlights the uneven nature of the region's recovery as manufacturers contend with higher energy costs despite signs of improving demand.
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U.K. Inflation Rises Ahead of BOE Rate Call
Inflation accelerated again in August to its highest level since March, keeping price pressures well above the Bank of England's target ahead of a rate decision on Thursday.
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What Comes Next, Now that the 10-Year Treasury Yield Has Crossed 5%?
The key borrowing benchmark is either bumping along a post-financial crisis high, or stepping into a new era of higher rates.
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Americans Have Spent $100 Billion More on Fuel During the Iran War
Higher gasoline and diesel prices have led many families to save less and curb spending elsewhere.
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Are High Energy Prices Here to Stay? The Economy Has Answers.
Businesses of all stripes are struggling to predict how long high energy costs will last.
(END) Dow Jones Newswires
September 16, 2026 13:00 ET (17:00 GMT)
