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shopping-season

Thanksgiving sales surge online as shoppers stay home for holiday

November 25, 2016 by · Leave a Comment 

At the start of the first holiday shopping season since the election of Donald Trump as president on November 8, U.S. consumers loosened their purse strings and spent $1.15 billion online between midnight and…

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Thanksgiving sales surge online as shoppers stay home for holiday

shopping-season

U.S. retail sales weak; inflation pressures remain subdued

November 13, 2015 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth. Weak inflation and signs of slowing consumer spending could complicate the Federal Reserve's decision next month whether to …

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U.S. retail sales weak; inflation pressures remain subdued