U.S. RETAIL SALES JUMP IN SEPTEMBER, ECONOMY CONTINUES TO SUFFER

Highlights

• The number of new COVID-19 cases are increasing in the United States that is likely to reimpose restrictions on businesses like restaurants, bars and gyms resulting into curbing consumer spending

• According to the data, retail sales surged 1.9 percent in September courtesy of consumers purchasing motor vehicles and clothing, dining out of their homes and spending time in open

• Several....