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Retail sales jumped 1.3% in October as consumers continued to spend despite inflation |  CNN Business

Retail sales jumped 1.3% in October as consumers continued to spend despite inflation | CNN Business

Minneapolis CNN Business — US shoppers spent more in October, showing continued resilience amid still-high inflation and an early start to the holiday shopping season. US retail sales rose 1.3% in October, the Census Bureau reported Wednesday. It’s the biggest monthly gain since February and better than 1% economists had expected. consumer spending was flat …

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US adds 261,000 jobs, continued sign of robust job market

US adds 261,000 jobs, continued sign of robust job market

U.S. job growth rose at a surprisingly rapid pace in October, defying expectations of a deeper slowdown as the historically tight labor market again showed resilience in the face of aggressive government efforts. Federal Reserve to curb demand. The economy added 261,000 jobs last month, according to data released Friday by the Bureau of Labor …

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