Powered by Stimulus, Retail Sales Shoot Up in January

U.S. retail sales jumped the most since June last month, outpacing economists’ expectations and providing some positive news for a downtrodden economy. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

| TODAY Powered by Stimulus, Retail Sales Shoot Up in January U.S. retail sales jumped the most since June last month, outpacing economists’ expectations and providing some positive news for a downtrodden economy. READ MORE > More Tips: The Multiply-by-25 Rule for Retirement Saving Twice a week, we break down the logic behind financial rules of thumb. The multiply-by-25 rule for retirement savings is a guide for calculating the amount of money you need to have saved in retirement to live comfortably. READ MORE > SPONSORED BY DISCOVER PERSONAL LOANS What to Consider When Consolidating Debt Debt consolidation can lower monthly payments, making it easier to pay down outstanding balances. Here are a few key factors to consider before getting started. LEARN MORE > Black Homeowners Pay Higher Mortgage Rates, Study Finds Mortgage interest rates on primary homes generally decline as income increases, but disparities begin to appear when accounting for race, a Harvard University analysis found. READ MORE > Producer Prices Jump, Could Trickle Down to Consumers The cost of producer’s goods and services had the biggest monthly gain on record in January, a potential sign of higher prices coming soon to consumers. READ MORE > Surging Lumber Costs Add Thousands to New Home Prices $16,000 - That’s roughly how much soaring lumber costs have added to the price of the average new home since April, according to the National Association of Home Builders. READ MORE > IRS Crosses ‘Distribute Stimulus’ Off To-Do List The IRS said all the winter stimulus checks—some 147 million of them—have now gone out. So if you still haven’t gotten paid, you’ll need to file your 2020 taxes. READ MORE > Email sent to: newsletter@newslettercollector.com You are receiving this newsletter because you subscribed to The Balance Today newsletter. If you wish to unsubscribe, please click here A DOTDASH BRAND 28 Liberty Street, 7th Floor, New York, NY 10005 © 2021 Dotdash - All rights reserved. Privacy Policy.