Retail sales in 2020 are forecast to rise 3.5 percent to 4.1 percent, topping $3.9 trillion, despite the headwinds of a trade war, the coronavirus outbreak and an upcoming presidential election, the industry’s trade group says. Read more


    Carvana shares plunged 12 percent in after-hours trading yesterday after the e-commerce company for buying and selling used cars reported a wider-than-expected fourth-quarter loss. Carvana reported a loss of $125.7 million, or 82 cents a share, in the quarter, compared with a loss of $84.6 million, or 58 cents, in the year-ago fourth quarter. Read more


      The latest figures from Nielsen show an even greater audience for CBS News’ coverage of the Democratic debate than the early numbers released yesterday morning. An average of 15.3 million viewers watched the South Carolina debate on CBS, according to Nielsen. The figure also includes viewers of a simulcast on BET and BET Her. CBS drew 14.8 million viewers, with about 556,000 watching the BET simulcasts. Read more

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