US retail sales grew by 0.3% in November, down October’s growth of 1.7%, amid an inflation spike that has raised prices of all products, Commerce Department data showed on Wednesday.
The number of new positive cases of COVID-19 reported in South Africa has continued its downward trend despite increased testing, according to South African National Institute of Communicable Diseases (NICD) data.
U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.
President Biden spoke with an unusually deep and raspy voice Friday to discuss a disappointing November jobs report — sparking concerns online and among reporters that he was sick, if not COVID-stricken.
