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World

U.S. stocks end mixed after weaker-than-expected growth in retail sales

NEW YORK, Aug. 14 (Xinhua) -- Wall Street's major averages closed mixed on Friday after data showed U.S. retail sales in July increased less than expected.

World

Trump pushes for more COVID-19 relief after Congress leaves Washington with no deal in sight

WASHINGTON, Aug. 14 (Xinhua) -- U.S. President Donald Trump on Friday pushed for more COVID-19 relief to households and small businesses after congressional lawmakers left Washington D.C. with no deal in sight.

World

Parts of Germany's COVID-19 stimulus package damage domestic economy: think tank

BERLIN, Aug. 14 (Xinhua) -- Parts of Germany's stimulus package in response to the COVID-19 crisis would damage the domestic economy because over 40 billion euros (47.3 billion U.S. dollars) of the subsidies had to be "viewed critically," according to a study released Friday by Germany's economic think tank Kiel Institute for the World Economy (IfW Kiel).