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(Reuters) -- Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U.S. retail sales data signaled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.
The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches a "make or break" point, according to one strategist.
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
William Calley, a former US Army lieutenant convicted of war crimes in a Vietnam-era tragedy called the My Lai massacre, has died at age 80, according to media reports.
UTICA, N.Y. (AP) — A 13-year-old boy shot to death by police in upstate New York after he pointed what turned out to be a BB gun at officers is being laid to rest Saturday.
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Millions of Malaysians have been raiding their retirement savings to cover living expenses after changes to the country’s mandatory savings fund allowed billions of ringgit to be drained out of it in a matter of weeks.