Christmas rush: US retailers eyeing Black Friday lift; Shoppers hunt for deals despite weak sentiment – The Times of India

Black Friday no longer draws Americans away from Thanksgiving dinners due to midnight lines at malls, but still draws more traffic to stores than any other day of the year — and remains the unofficial start of the U.S. holiday shopping season.This year’s kickoff came as U.S. consumer confidence fell due to the federal government […]

Wall Street ends higher on growing expectations for the Fed’s December rate cut

Wall Street continued its rally on Wednesday as renewed technological strength and the increasing likelihood of a US Federal Reserve rate cut in December put investors in a buying mood the day before Thanksgiving. All three major U.S. stock indexes posted their fourth consecutive daily gain, as investors ignored concerns about inflated technology valuations that […]