Gift cards, even the very mundane gift you can purchase a person, are providing U.S. merchants a much-needed money infusion as they shut out a demanding year. Americans are on track to purchase more of these than previously, using gift-card spending this vacation anticipated to grow 19% in comparison to a year ago, based on […]
U.S. consumer incomes and spending dropped more than forecast in November and filings for unemployment benefits stayed at elevated rates a week, the most recent signals that the fall’s spike in coronavirus instances is sapping the financial recovery. Initial jobless claims in routine state plans dropped by 89,000 into 803,000 from the week ended Dec. […]