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Price strain: US retail sales cool in September; businesses face higher input costs; consumer resilience tested

US retail sales grew slower than expected in September as consumers grappled with persistently higher prices and companies faced rising input costs, according to government data released on Tuesday.Retail sales rose 0.2% month-on-month, the Commerce Department said, easing from 0.6% in August and falling short of analyst estimates. The moderation in spending comes at a…

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Informal sector jobs hold steady in September quarter, digital use rises

NEW DELHI: Employment in the country’s unincorporated sector was estimated at 12.9 crore in the July-Sept quarter, almost at the same level as in the previous quarter, a survey showed. The quarterly bulletin of unincorporated sector enterprises released on Tuesday by the statistics office showed that the number of establishments increased from 7.9 crore in…

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JSW-TOI Earth Care Awards in its 13th edition, calls for entries from all climate-action fields | India News

NEW DELHI: With the JSW-TOI Earth Care Awards entering its 13th edition, JSW and The Times of India group have jointly invited applications from all those who have been working in the fields of climate change mitigation and adaptation.Celebrating excellence in climate action through innovation, inclusivity and impact, the JSW-TOI Earth Care Awards have added…

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US sentiment slide: Consumer confidence falls to 7-month low; are Americans pulling back on spending?

US consumer confidence weakened in November, falling to its second-lowest reading since April as Americans grew more wary of elevated prices, sluggish job gains and the fallout of the prolonged government shutdown, according to an AP report.The Conference Board said on Tuesday that its consumer confidence index dropped to 88.7 in November, down from an…

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ANF, NVDA, COIN, SYM & more

Check out the companies making headlines midday. Abercrombie & Fitch — The apparel retailer jumped 33% after posting better-than-expected fiscal third-quarter results, driven by strength at its Hollister brand. Hollister’s sales grew 16%, offsetting a 2% drop at its namesake Abercrombie & Fitch label. For the holiday quarter, the company expects Hollister to continue to…

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