U.S. retail sales rose less than expected in May and first-time applications for unemployment benefits increased last week, but that will probably do little to change views that the economy is regaining momentum. The Commerce Department said on Thursday retail sales...

With London Business School experts saying don’t expect returns of more than 3 or 4 per cent a year from equities over the next decade, and negative returns from bonds, savers should keep about half their capital in cash or near-cash securities, says Money Management...