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Added on the 11/12/2015 21:26:09 - Copyright : Reuters EN
Store owners expect holiday sales will grow more than 3 percent this year even though more people are shopping online. Fred Katayama reports.
Just like not wearing white shoes after Labor Day, another American unwritten rule is to wait until after Thanksgiving to start decorating for the December holidays. But according to HuffPost, people seem to be breaking with tradition in 2020 and are putting up their decorations early. Mental health experts say that could be a very good thing. As many of our beloved holiday traditions may be on pause because of COVID-19, decorating is one way we can safely and healthfully lift our spirits. Decorations can remind you of happier times, give you something to look forward to, and give you a greater sense of control in a frightening time. “Drop the judgment. If it makes you feel good, this is the year to do it. Ryan Howes, Psychologist Author, “Mental Health Journal for Men"
Walmart has been one of the few companies to do well in the pandemic. Digital sales have nearly doubled from a year ago, and same-store sales have increased 9%. But according to Business Insider, even Walmart CEO Doug McMillon knows that with such widespread unemployment, its a streak of luck can't last forever. Business Insider reports McMillon said on CNBC's 'Squawk Box' on Thursday that Congress needs to pass a second stimulus package--and do it quickly. Since passing the $2.2 trillion CARES Act in March, Congress has done nothing meaningful towards passing a second stimulus package. There are Americans...that don't really care about politics, aren't really tied up in this election and they just need some help. Doug McMillon, Walmart CEO Interview, CNBC's 'Squawk Box'
German Foreign Minister Frank-Walter Steinmeier takes his Chinese counterpart Wang Yi on a tour of a traditional German Christmas market. Rough Cut (no reporter narration).
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.
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