American shoppers eagerly reached for their wallets and credit cards in December to spend far more than expected, figures from the Department of Commerce indicated Wednesday. Retail sales in the U.S. rose 0.6 percent compared with the previous month, far above the 0.2 percent forecast. Compared with a year ago, sales were up 5.6 percent.
Twas the Season: Retail Sales Surge Higher Than Expected, Threatening to Ignite Inflation
March 20, 2024 by BWC
Apple, Retail Groups Continue Lobbying Congress On Chinese Slave Labor Bill
April 25, 2021 by BWC
Lobbying disclosure forms filed with Congress this week show that Apple and several retail trade groups continue lobbying on a bill that would crack down on forced labor in China. Apple paid two firms to lobby policymakers on the Uyghur Forced Labor Prevention Act. The Washington Post has previously reported that one of Apple’s lobbyists…