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Retail spending plummets just before the holidays

The National Retail Federation suggested that consumers are spending on household priorities going into the holiday season.

Portugal Cold Chain Market is expected to generate ~EUR 140 0 Mn by 2026F owing to Growing Demand by End Users and Technology Upgradation: Ken Research

Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 21:21:00

of america. another big sell off today on the fear that the fed could be overdoing it. the push for higher interest rates is not as high as we saw the last go around. another half point hike in another week or so is going to confirm the trend that has no near term end. that is a worry despite what you hear from mr. moynihan. to charlie gasparino on what he makes of that. there s two schools of thought on this. either the fed is overdoing it or playing this just right. what do you think, charlie? no one knows. that s the magic of this. that s why this is going to be an i don t know going story. it s impossible to know. brian moynihan is at a bank. he has a really good research analyst. they see obviously economic lending, retail spending. it s a bank that encompasses everything from wall street to commercial to retail to credit cards. so and much more. real estate. so he sees a lot of stuff. remember, one other thing about

Job openings report to indicate tightness of labor market

Federal Reserve closely watches postings, which have exceeded the number of unemployed people looking for work since May 2021

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 20:04:00

where you can t get the goods and services. you ll have empty shelves in stores. the white house says they re not commenting directly on the strikes and the president s tweets speak for themselves. let s hope they can both avoid a strike. it s the worst thing in the holidays. thanks for that live report. good to see you. now to garrett tenney live along the magnificent mile in chicago where shoppers already reeling from high prices are still looking for deals this black friday. how are you doing, garrett? yeah, anita. a record number of folks are expected to do shopping the next couple days to try to take advantage of some of the deep discouldn ts that are out there. the national retail federation is predicting 166 million americans make a purchase between now and cyber monday. retail spending overall is expected to go up from last year. not from folks buying more for the holidays though, but from

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