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UPDATE 4-Last-minute shopping boosts holiday sales above prior forecast, Mastercard says
Steep discounts, higher promotions boost holiday spendingShoppers buy more online, with spending up 6.7% from last yearCustomers splurge on apparel, jewelry and electronics for giftsAdds comments from Mastercard adviser, background on retailers' holiday plans in paragraphs 3-11By Savyata Mishra and...Reuters
Dec 26, 2024
UPDATE 1-New US jobless claims slip, but people are remaining unemployed for longer
New claims in line with average over past yearContinued claims hit highest in 3 years but not showing signs of spikingUnemployment duration has been grinding up as hiring slowsAdds details, economist comment and background Dec 26 (Reuters) - The number of Americans filing new applications for job...Reuters
Dec 26, 2024
TREASURIES-Yields firm in thin trade before 7-year auction
By Alden BentleyNEW YORK, Dec 26 (Reuters) - The yield on the benchmark U.S. Treasury note rose to an eight- month high in thin holiday trade on Thursday, shaking off weekly data showing a solid employment picture that should allow the Federal Reserve to adopt a less dovish stance in 2025. Claims f...Reuters
Dec 26, 2024
UPDATE 3-US holiday retail sales stronger than last year with online boost, Mastercard says
Steep discounts, higher promotions boost holiday spendingShoppers buy more online, with spending up 6.7% from last yearCustomers splurge on apparel, jewelry and electronics for giftsAdds bullets, detail in paragraph 6By Savyata Mishra Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1...Reuters
Dec 26, 2024
US weekly jobless claims fall slightly
Dec 26 (Reuters) - The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market. Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the w...Reuters
Dec 26, 2024
US weekly jobless claims fall slightly
Dec 26 (Reuters) - The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market. Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the w...Reuters
Dec 26, 2024
UPDATE 2-US holiday retail sales stronger than last year with online boost, Mastercard says
Adds background, details in paragraphs 6-10 Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump w...Reuters
Dec 26, 2024
UPDATE 1-US holiday retail sales stronger than last year with online boost, Mastercard says
Adds details in paragraphs 3-5 Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump was well above...Reuters
Dec 26, 2024
US holiday retail sales come in above forecast, Mastercard says
Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as customers turned to last minute shopping due to intense holiday season promotions, a Mastercard report showed on Thursday.The jump in sales was higher than a 3.2% rise forecast by Mastercard in September and well above a 3...Reuters
Dec 26, 2024
UPDATE 2-China revises up 2023 GDP, sees little impact on 2024 growth
China revises 2023 GDP by 2.7% in latest economic censusSays little impact expected on 2024 economic growthPolicymakers pledge more stimulus to keep growth stable in 2025Adds details; paragraphs 4-5, 12-15By Kevin Yao and Ellen Zhang BEIJING, Dec 26 (Reuters) - China revised upwards on Thursday t...Reuters
Dec 26, 2024
CORRECTED-UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Corrects number of people employed in the whole property sector to 14.398 million from 1.04 million at end-2023, in paragraph 11 BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said...Reuters
Dec 26, 2024
UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Adds NBS official quotes, economic context BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census.Policy support late t...Reuters
Dec 26, 2024
China revises up 2023 GDP to $17.73 trillion
BEIJING, Dec 26 (Reuters) - China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China's fifth National Economic Census, released by the bureau...Reuters
Dec 26, 2024
