Downbeat China factory output, retail sales add to urgency for stronger stimulus
China's industrial output growth slowed to a five-month low in August, while retail sales and new home prices weakened further, bolstering the case for aggressive stimulus to shore up the economy and help it hit its annual growth target.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs.
Retail sales and housing market data, corporate earnings, and a Bank of Japan policy meeting will also be of interest.
The pace of increase in holiday sales will be slower than 2023, but e-commerce will likely grow, according to Deloitte.
State police report that four people were arrested after being accused of retail thefts at a Walmart in Luzerne County.
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Retail credit card interest rates hit record high, study findsThe average retail credit card interest rate is now at a record high 30.45%, according to a new Bankrate study.
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On Thursday, Gov. Gavin Newsom signed a bill increasing penalties for large-scale felony thefts. Assembly Bill 1960 requires ...
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