As shoppers kick off a wave of returns and exchanges or rush in to spend gift cards, retailers appear to have reason to celebrate: Holiday spending rose 8.5% compared with a year ago, according to Mastercard SpendingPulse. The gain was slightly less than the 8.8% increase that Mastercard had predicted, […]
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Text size Optimism over the Omicron variant of coronavirus was sweeping Wall Street. Dreamstime The stock market surged Tuesday, receiving a double booster. The Chinese central bank has moved to loosen monetary policy, while fears around the Omicron Covid-19 variant are easing. The Dow Jones Industrial Average rose 492 points, […]