U.S. retail sales in January jumped 3 percent, blowing past the Dow Jones estimate of 1.9 percent, according to Commerce Department data.
Here's a quick breakdown:
In December, sales had fallen 1.1 percent, making for a disappointing holiday season. Sales totaled $697 billion in January, compared to $677 billion in December.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
