Shoppers are still spending despite the Delta variant
CNN
US retail sales increased last month as consumers continued to dish out on clothing, furniture and groceries despite rising cases of the Covid-19 Delta variant.
Sales beat economists' expectations, increasing 0.7% in August from the month prior, the Census Bureau said Thursday. Economists surveyed by Refinitiv had forecast a 0.8% drop for the month.
It's a promising sign about consumer appetite heading into the winter and pivotal holiday shopping stretch for retailers.
After recent burglaries at homes of professional athletes – including Kansas City Chiefs stars Patrick Mahomes and Travis Kelce – the NFL and NBA have issued security memos to teams and players warning that “organized and skilled groups” are increasingly targeting players’ residences for such crimes.