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Added on the 04/10/2016 21:03:02 - Copyright : Reuters EN
Latest data on U.S. retail sales has both retailers and the Fed breathing easier. Jeanne Yurman reports.
After strong holiday sales results from J.C. Penney, there is increased optimism that the 2014 holiday retail season was one to celebrate. Bobbi Rebell reports.
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 holiday season is in full swing in Copenhagen, where a festival of lights at an amusement park with 11,000 Christmas trees and hundreds of thousands of lights is making spirits bright. Gavino Garay reports.
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