Americans plan to spend big on Valentine’s Day and other business news

Americans plan to spend big on Valentine’s Day and other business news


RANDY ON HIS WAY TO THE BAY AREA RIGHT NOW. ANOTHER VOLATILE DAY ON WALL STREET. THINGS PICKED UP NEAR THE END, THOUGH. STOCKS CLOSED HIGHER WITH THE DOW JUMPING ABOUT 80 POINTS, AND TODAY, INVESTORS ARE WATCHING CLOSELY FOR THE GENERAL JOBS REPORT. MARIBEL ABER, LIVE AT THE NASDAQ MARKET SITE IN TIMES SQUARE, NEW YORK WITH WHAT TO WATCH FOR IN TODAY’S REPORT. MARIBEL, T.G.I.F.. T.G.I.F.. GOOD MORNING, RACHEL AND OWEN. WALL STREET IS BRACING FOR THIS JANUARY JOBS REPORT. ECONOMISTS ARE FORECASTING ANYWHERE FROM 180,000 TO 200,000 NEW JOBS CREATED LAST MONTH. UNEMPLOYMENT RATE IS EXPECTED TO HAVE HELD STEADY AT 5%. THERE WILL BE A BIG FOCUS, OKAY, ON WEATHER WAGE GROWTH HAS PICKED UP. AMERICANS WILL BE SPENDING BIG ON LOVE THIS VALENTINE’S DAY, WILL BE SHLG OUT AN AVERAGE OF $146.84 ON FLOWERS, CANDIES, GIFTS. ALL THAT IS EXPECTED TO BRING TOTAL SPENDING ON VALENTINE’S DAY TO A RECORD HIGH OF 19.7 BILLION, ACCORDING TO THE NATIONAL RETAIL FEDERATION. THE GIFT MOST PEOPLE WILL BE BUYING, 50% OF THE PEOPLE SURVEYED SAID THEY PLAN TO BUY CANDY. RACHEL AND OWEN, DO YOU STILL DO THIS? THERE USED TO BE THIS LOVE SECTION IN THE “THE WASHINGTON POST,” BUT I GUESS EVERYTHING IS NOW SOCIAL MEDIA. I DON’T REMEMBER THAT, BUT YEAH. I DIDN’T KNOW THEY HAD A LOVE SECTION IN THE CHRON.

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