For all the headlines this month of weak department store sales and closing stores, retailers enjoyed a stellar holiday season, buoyed by higher wages and soaring consumer confidence.
Sales at USA retailers rose less than expected in December to finish the year on soft note, signaling potentially weaker economic growth in the final quarter of 2016.
Retail sales in the USA increased by slightly less than expected in the month of December, according to a reportreleased by the Commerce Department on Friday. The result was a tenth of a percentage point below an analyst consensus forecast. Over the month, department store sales fell 0.6 percent from November.
Sales were up 4.1 percent from December 2015.
In recent weeks, gloomy news has abounded about how the retail industry held up during the crucial holiday season: Macy's saw its sales sink 2.7 percent and announced it will slash 10,000 jobs. What's more, home values have risen, as has the stock market, making shoppers feel wealthier, and more eager to shop. The increase for the fourth quarter over the same period a year ago was 12.8%.
Former Iranian president Rafsanjani dead: agencies
His funeral will be held in Tehran on Tuesday, his relative and aide Hossein Marashi was quoted as saying by Fars news agency . And his son, Mehdi Hashemi Rafsanjani, was jailed in 2015 after being convicted of "security offences and financial crimes".
Strong auto sales, which were at a record level in 2016, helped lift overall retail sales.
The Fed raised its benchmark overnight interest rate last month by 25 basis points to a range of 0.50 percent to 0.75 percent.
Sales at auto dealers increased 2.4 percent last month, the most since April, while receipts at service stations rose 2 percent as fuel costs climbed.
The figures also pointed to a continuation of consumer trends in shopping, with online businesses seeing rising sales, while department stores moved fewer goods off the shelves. The NRF reported that "non-store sales", which include online and catalogue purchases, were up 12.6 percent compared with 2015. Wholesale prices excluding food and energy rose 0.2 percent from the previous month following a 0.4 percent rise.
The EIA expects total non-OPEC production to grow by 400,000 bpd in 2017 and rise by 700,000 bpd in 2018. Energy Information Administration said, higher than analyst expectations for a 1.2 million-barrel build.
The defendant's solicitor spoke on her behalf during the eight-minute hearing and answered questions about her name and address. May responded: "I join (Corbyn) in expressing condolences to the family and friends of little Katie who died so tragically".
The Tomato Can Texans will be front and center on Saturday Night and will have plenty to gain in the process. We shut them out. "I've stated many times that, to me, he's the best quarterback to play the game".
Only a privileged few get to raise the official 12 flag at Seattle's CenturyLink Field and hear the roaring crowd chant SEA-HAWKS. A year ago for example, he trailed only New York's Eli Manning with six red-zone interceptions, according to Pro Football Focus .
On the other hand, oil service stocks came under pressure as the day progressed amid another steep drop by the price of crude oil. Steel stocks have shown a substantial move to the upside, however with the NYSE Arca Steel Index surging up by 3.9 percent.
The ambassador was wounded and five of its diplomats killed in a bombing January 10. "The second one was a vehicle bomb". Those killed include civilian and military personnel, and six others were wounded in the attack, Kemtoz added.
The other two stars in the system are a binary pair, named Alpha Centauri A (also named Rigil Kentaurus) and Alpha Centauri B. These two spin around each other every 79 years, separated by about the same distance as our sun and Pluto.
Sheeran debuted a pair of comeback singles this morning (January 6), titled " Castle On The Hill " and " Shape Of You ". Artists normally take a break from the public, especially when they get attention so fast in a short amount of time.
Former presidents Bill Clinton, George W Bush and Barack Obama had given extensions to a few ambassadors. According to diplomats familiar with the text of the decree, the document does not allow for exceptions.
Def Leppard, Poison and Tesla to perform in DSM
Rock legends Def Leppard will perform at the Tuscaloosa Amphitheater on Tuesday, May 2, according to Red Mountain Entertainment. The British band will return to Nashville's Bridgestone Arena on April 27 with special guests Poison and Tesla .
Cyprus: Reunification Talks End Without A Deal
In a sign of flexibility, he later added that Turkish troops would be on the island for as long as Greek troops were present. At present the three security guarantors are Turkey, Greece and the United Kingdom , as the former colonial power.
Jim Furyk to captain U.S. against Europe at 2018 Ryder Cup
Furyk was a member of the task force set up in the wake of the US's third defeat in a row and sixth in seven events at Gleneagles. Furyk, who will be 48 when the biennial matches are played, has played in nine Ryder Cups , compiling a 10-20-4 record.
What to expect from Nintendo's Switch event
The Nintendo Switch could be fighting an uphill battle when it comes to beating out Microsoft's Xbox One and Sony's PlayStation 4. It was right to guess the Nintendo Wii U's launch price , as well as the specific features the Nintendo 3DS would have.
Volkswagen debuts long-wheelbase Tiguan at NAIAS
Just before the 2017 Detroit Auto Show, Volkswagen had revealed its long-wheelbase 2018 Tiguan, also called the Tiguan Allspace. Standard on some trim levels and optional for the rest is third-row seating, which bumps total capacity up to seven souls.
Truck ploughs into pedestrians in Jerusalem 'terrorist attack'
Thirty-five Israelis have been killed in knife, gun and vehicle attacks by Palestinians since October 2015, according to BBC . Sunday's attack is the latest in a series of attacks by Palestinians on Israelis, mostly vehicle rammings and knife attacks.
Thomas Chabot: Thomas Chabot named '17 WJHC MVP
Troy Terry , who a day earlier had gone 3-for-3 in the shootout against Russian Federation , scored the only shootout goal. With the score tied 2-2, the stage was set heading into a wild third period that combined the first two periods into one.