Here's what we are reading this morning:
U.S. Retail Sales Unexpectedly Fall the Most in 9 Years - Bloomberg
U.S. Unemployment Claims Rise Unexpectedly After Shutdown Ends - Bloomberg
Retail sales were so bad, it's either suspect or a recession warning
David Rosenberg (Chief Economist & Strategist at Gluskin Sheff + Associates Inc.): "Restaurant sales have declined in four of the past five months and at a pace we haven't seen in 25 years. That means worse than the depths of the 2001 and 2007-09 recessions. Remember -- they are a leading indicator."
Retailer Payless ShoeSource set to shutter its U.S. stores: sources | Reuters
Affiliate of Merida Natural Resources, LLC Submits Irrevocable Bid to Acquire Kemmerer Mine out of Bankruptcy | Business Wire
Arsenal Resources Successfully Completes Pre-packaged Financial Restructuring and Emerges from Chapter 11