For most of the year. But recently there have been signs spending may be slowing, or at least taking a breather. Today, that notion was put on the ba burner when a Retail Trade Group issued an upbeat forecast said it expects americans to spend a lot this Holiday Season. The most important time of the year for Courtney Reagan reporte you may just be warming Pumpkin Spice latte season but its time to start thinkin about holidays. Sure there is an ele unlike any other and potential rate hike between now and christmas, but neither donald trump, hillary or janet yellen are wearing their scrooge suits. Th National Retail federation is projecting a 3. 6 increase over last year. Stronger than last years 3 growth, below estimates, because December Tempe in the 60s in much of the country hit retailers hard. The groups chief economists, more are up. The valuation shocked Investor Confidence we havent had an event like that this season. Political unrest be darned, santa is bullish. But not everyon
Station. Back to school, children this newtown return to class as funerals continue for those killed in the sandy massacre. Heres what people are talking about. Classes resumed today for most students in newtown connecticut for the First Time Since fridays massacre. All schools reopened except for sandy hook elementary. Complete coverage begins with Randall Pinkston reporting for wjz. A bus carrying students drove up to the high school in newtown connecticut as a grief stricken town to tried to get back to some sort of routine. The bus had a ribbon on it. Police were on hand to make sure everything ran smoothly. I wouldnt send my children to school if i had the choice rite right now. I wouldnt. I think its important that the children do go back to school. All schools except sandy hook elementary are open. The scene of the massacre will remain closed for months. When those children go back they will attend a school in a nearby town. People lit candles to remember the lives cut short. Th
Randall pinkston reports. Reporter a bus carrying students drove up to the high school as a grief stricken town tried to get to some routine. Police were on hand to make sure everything ran smoothly. I wouldnt send my children to school if i had the choice right now. I wouldnt. I think its important the children do go back to school. Reporter all schools except sandy hook elementary are open. The scene of the massacre will remain closed for months. When those children do go back, theyll attend a school in a nearby town. People lit candles to remember the lives cut short. They paid their respects at the memorials set up for the 26 victims. The grieving process continues. The families of two more children are saying a final farewell. The family of James Mattioli used to joke he was born four weeks early because he was hungry. Jessica rekos will also be laid to rest. Tonight there will be a wake for victoria soto, a teacher who shielded her students from the gunman. She was just the best.
Confirmation tomorrow. I want to believe it. But until i hear her voice and until i know that somebody has physically seen them, i just am not going to get my hopes up until that happens. Thank you. Reporter employees at this bike shop in el sobrante where jamie worked are hopeful this latest news the couple has been located is really true. Well, im really happy. You know, we heard a lot of bad things that could have been and we are happy to hear they werent. Im thrilled to hear that they are aokay. Im elated. Reporter and we just received this information from the mother. Let me reiterate until we have proof of life we cannot celebrate these rumors and sightings. She goes on to say, proof of life is my sons voice on the phone and a picture of him holding the missing poster and as a mother you cant blame her. No. Thanks. We are told that peruvian officials must now confirm their passports match that of the couple garrett hand and jamie neal. A mysterious mayday call off monterey bay is
Deal . Hello again im jessica kartalija. And im don scott. And heres what people are talking about today. There are three days left before automatic across the board spending cuts kick in. The president is taking his message on the road while republicans in congress are accusing him of using scare tactics. President obama is visiting a shipyard in new port news virginia today. He is warning that civilians who work on navy ships could face layoffs if 85 billion in budget cuts kick in. Military leaders talked about how challenging the cuts will be at a congressional hearing this morning. If we do not have the resources to train and equip the force, our soldiers are the ones who will pay the price potentially with their lives. With the clock ticking its Small Businesses like this Communications Contractor that are already bracing for the impact of the cuts, especially hits to the defense department. For us it could go into the millions of dollars. Pedro alfonso employs 120 workers. His bu