Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
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Topics
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Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - 3d -
There’s Still Time for Off-Season Moves, but Some M.L.B. Teams Are Steps Ahead
There are still a number of difference-making free agents on the board and likely some significant trades still to come.The New York Times - 3d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 5d -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - 6d -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - Jan. 9 -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - Jan. 8 -
Zapala scores season-high 15 points as No. 18 Michigan State holds off Ohio State 69-62
Zapala fueled a 12-0 run to build a 14-point lead for the Spartans.Yahoo Sports - Jan. 4 -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - Jan. 2
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Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades near $100,000
Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump's inauguration.CNBC - 6m -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - 6m -
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.CNBC - 7m -
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Mortgage rates rise past a key mark, signaling bad news for home buyers
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