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Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Real Estate
Expanded CT Estate With 'Historic Charm' Now Listed For $19M Expanded CT Estate With 'Historic Charm' Now Listed For $19M
Expanded CT Estate With 'Historic Charm' Now Listed For $19M If you dream of living in an expansive estate at the end of a gravel drive lined with pear trees, a historic Connecticut home may be the place for you.  The Fairfield County residence, built in 1937 by Philadelphia architect Julian A. Fay, is located at 865 Hollow Tree Ridge Rd. in the Fairfield County town of Darien and is now on sale for a small fee of $19 million, according to its Zillow listing.  The 10,197-square-foot Georgian Colonial has been restored and expanded by its current owners, who shaped it into a more contemporary home while still preserving its "historic ch…

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by Ben Crnic