Sales in November and December are expected to rise 3.7 percent to $630.5 billion, a bigger jump than the 10-year average of 2.5 percent but less than last year’s 4.1 percent gain, the National Retail Federation said. Online holiday-related sales will be up even more than store sales — between 6 and 8 percent to about $105 billion.
Downtown Kansas City’s rejuvenation is now rolling into a new era, with the start of the $100 million streetcar line on Main Street and 70 projects in areas that include Crown Center, the Crossroads Arts District, the Downtown Loop and River Market. We map the changes in an interactive report.
Pent-up investor demand fueled a jump in Chinese stocks after markets reopened Thursday following an extended holiday but other Asian bourses were lackluster ahead of the release of minutes from the Federal Reserve's latest policy meeting.