The Presidential Daily Brief


  1. Retailers Pray While the Travel Industry Braces for Less

    Fewer Americans are expected to travel this Thanksgiving weekend, despite lower gas prices. Looking ahead, Christmas airfare has soared — folks looking for deals are likely too late. But retailers hope there’s enough cash going around for a solid shopping season, although analysts are concerned about the health of J.C. Penney and Toys R Us. Amazon, as usual, is the 800-pound gorilla of the holiday shopping season. Other stores are already offering preholiday sales, and Black Friday advertisements abound, but no one is sure what the fast-moving online behemoth has planned — or what the impact will be.

    Sources: Quartz, ForbesABCDaily Finance

This story is part of The Presidential Daily Brief

view full edition