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Retail sales climb despite rising prices, supply issues
Read full article: Retail sales climb despite rising prices, supply issuesAmericans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
Retail sales look to recover; nations eye economic concerns
Read full article: Retail sales look to recover; nations eye economic concerns________________________EARNINGS RESULTS: Party City's first-quarter sales fell 19% as it dealt with temporary store closures. The airlines want the government to re-adopt its previous quarantine policy, where quarantine was limited to passengers from high risk countries. Quarantine measures imposed this week stipulate that all passengers bar a handful of exceptions like truckers or medical workers must fill in a form detailing where they will self-isolate for two weeks. CENTRAL GOVERNMENTS & BANKS: Japans parliament approved a 32 trillion yen ($300 billion) second supplementary budget Friday to help fund 117 trillion yen ($1.1 trillion) in measures to soften the blow to the economy from the virus outbreak. The Office for National Statistics said Friday that all areas of the economy were hit, in particular pubs, education, health and car sales.