Tuesday, March 13, 2007

Quick Overview

  • U.S. Retail sales rose 0.1% in February, the Commerce Department reported Tuesday.

  • The International Coffee Organization increased its estimate of the 2007-2008 world coffee crop from 110.5 to 112.0 million bags. It reduced its estimate of 2007 world consumption from 118 to 117.5 million bags.

  • YoY China's consumer prices were up 2.7% in February.

  • Question marks continue to hang over the US mortgage market. The Securities & Exchange Commission is investigating troubled subprime mortgage lender New Century, the firm has revealed.


  • Special Report: Phantom Shares
    Bloomberg Television premieres a half hour Special Report called "Phantom Shares" on Tuesday, March 13, 2007 at 7:00pm, 9:00pm, and 10:00pm ET.

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