A flurry of economic reports Wednesday herald a solid holiday shopping season, with Americans' incomes rising modestly and plunging gasoline prices brightening their moods and providing extra spending money.
WASHINGTON - More Americans than forecast filed for unemployment benefits last week, a possible sign the pace of improvement in the labor market has cooled.
Although Black Friday weekend, the real official kickoff to the annual shop-a-thon, doesn't start until Thursday, the nation's biggest chains already have a read on the hot-selling gifts this holiday season.
A newly built single-family home that is sold is seen in San Marcos, California, January 30, 2013. Credit: Reuters/Mike Blake. Related News.
Tiffany & Co. (NYSE:TIF) reported third-quarter 2014 results before markets opened. The luxury goods company posted adjusted diluted earnings per share (EPS) of $0.76 on revenues of $960 million.