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Holiday Shopping

The holidays have left without a trace. Well, almost. Long after the decorations have come down, you still have debt hanging around.

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NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Friday show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.

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LOS ANGELES (AP) — A 14-year-old was shopping for Christmas clothes last week with her mother when the pair heard screams and hid in a dressing room, where the girl was fatally shot by Los Angeles police after an officer fired a rifle at a suspect and a bullet pierced a wall, the family said Tuesday.

Business
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The increase fell short of predictions from the National Retail Federation, the nation's largest retail trade group, which had expected sales to rise between 3.6% and 5.2% this year compared to 2019.

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