US Retail Sales Barely Increase in Sign of Consumer Strain

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Rates Reporter Michael Mackenzie break down news that US retail sales barely rose in May and prior months were revised lower, pointing to greater financial strain among consumers. Bloomberg News Chief Markets Correspondent Abigail Doolittle reports on Nvidia’s relentless rally propelling the semiconductor giant’s market capitalization over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues. Jason Britton, CIO at Reflection Asset Management, discusses sustainability focused investing. Bloomberg Intelligence Senior Airlines Analyst George Ferguson has the latest on Boeing CEO Dave Calhoun's testimony before the US Senate. Bloomberg News Senior Editor Elizabeth Fournier and journalist and author Henry Grabar discuss the migration boom of New York and California residents moving to the South. And we Drive to the Close with Jay Jacobs, Head of Active ETFs at BlackRock. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.