Latest in November Retail Sales
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China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 7h -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 9h -
U.S. oil prices drop nearly 1% on weak Chinese retail-sales data
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ...MarketWatch - 2h -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - 3d -
HSBC reviews retail banking outside UK and Hong Kong
Bank could scale back in countries including Mexico as it seeks further cost cutsFinancial Times - 3d -
US inflation rose to 2.7% in November
Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next weekFinancial Times - 4d -
Here’s the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.CNBC - 4d -
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Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 5d -
TSMC posts 34% surge in November sales in sign of ongoing AI boom
TSMC’s sales have surged over the past two years on the back of booming demand for advanced microchips following the launch of ChatGPT in Nov. 2022MarketWatch - 6d -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - Dec. 6 -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - Dec. 6 -
Breaking down the November 2024 jobs report
New numbers from the Labor Department show the U.S. added 227,000 new jobs in November, more than expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the report.CBS News - Dec. 6 -
Here’s where the jobs are for November 2024 — in one chart
Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.CNBC - Dec. 6 -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - Dec. 6 -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - Dec. 6 -
Job Growth Bounced Back in November
After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.Inc. - Dec. 6 -
The U.S. added 227,000 jobs in November, as hiring recovers from storms and a strike
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics ...NBC News - Dec. 6 -
Employers added 227,000 in November as job market rebounded
The labor market rebounded last month after taking a hit in October from hurricanes and labor disputes.CBS News - Dec. 6 -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - Dec. 6 -
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US adds 227,000 jobs in November, rebounds from October slump
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked ...The Hill - Dec. 6 -
'The MTE model is outdated': November's nonconference scheduling is getting a shake-up
In college hoops' new era, traditional multiteam events are less attractive for high-major programs. Are alternatives such as the Players Era Festival the answer?ESPN - Dec. 6 -
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Electric cars make up one in four sold in November
Sales of electric vehicles grow for the eleventh straight month as manufacturers offer steep discounts.BBC News - Dec. 6 -
Treasury yields end mixed as November jobs data looms
The policy-sensitive 2-year Treasury yield advanced on Thursday while the longest-dated rates slipped ahead of Friday’s release of November jobs data, which is expected to show the U.S. labor ...MarketWatch - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
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'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
DNC chair minimizes November losses, argues Democrats have ‘robust’ foundation
Democratic National Committee (DNC) Chair Jaime Harrison minimized his party’s losses up and down the ballot in November and argued Democrats have a “robust” foundation to build on, going into ...The Hill - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Yahoo Sports AM: No win November
In today's edition: The Wizards are historically bad, Week 13 was awesome, Christian Pulisic's breakout season, "Hard Knocks" is back, Munetaka Murakami eyes MLB move, and more.Yahoo Sports - Dec. 3
