Segments From This Episode

• Retail sales disappoint at a time when the COVID-stressed economy could use more spending

  Susan Schmidt, head of U.S. equities at Aviva Investors, says what we saw was “a decline of 1.1% month over month. Now, that’s not good as we head into the holiday shopping season. The worst sectors in that were clothing stores and restaurants.” Moreover, Schmidt said, “we were hoping with the advent of the Christmas holidays, you’d see that shopping increase. We’re not. And so instead we see a consumer that’s still pretty tentative going into the holiday season and waiting for further stimulus from the government.”

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• Germany registers more than 950 COVID deaths in the past 24 hours, the highest daily figure for the pandemic

  The BBC’s Jenny Hill reports.

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• One way for college athletics departments to make up for lost income: gambling partnerships

  by Andy Uhler

  

  It’s an attractive — if contentious — revenue stream for schools.

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