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NEW YORK (AP) — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S. Commerce Department. It was the biggest drop in seven months, and a steeper decline than Wall Street analysts had expected. The Commerce Department on Wednesday also revised October’s report, saying that retail sales fell 0.1% that month, instead of rising 0.3% as it previously reported. Retailers had tried to get people to shop early, with Amazon, Best Buy, Walmart and others offering holiday deals in October.The report points to a weak start to the all-important holiday shopping season, which can usually account for a quarter or more of a retailer’s annual sales. Black Friday was also a bust. Typically one of the busiest shopping days of the season, shoppers mostly stayed home after health officials warned people not to shop in person, and retailers followed suit by putting their best deals online. Half as many people shopped inside stores this Black Friday than last year, according to retail data company Sensormatic Solutions.“It will take a miracle to keep retail sales positive in December,” said Chris Rupkey, chief financial economist at global financial group MUFG.It is also another sign that the pandemic is slowing the U.S. economy as stores face tighter restrictions and people stay away home. 1475

NEW YORK (AP) — Author-commentator Jeffrey Toobin has been suspended by the New Yorker and is stepping away from his job as CNN's senior legal analyst pending what the cable network is calling a "personal matter." Vice reported earlier Monday that Toobin had exposed himself during a Zoom meeting. According to Vice, members of the New Yorker and radio station WNYC were on the Zoom call when the incident occurred last week.In a statement Monday afternoon, the New Yorker said Toobin had been "suspended while we investigate the matter" and declined further comment. A CNN spokesperson says in a statement that "Jeff Toobin has asked for some time off while he deals with a personal issue, which we have granted." 722

NEW YORK (KGTV/AP) -- Macy's is hiring more temporary workers to handle online orders for the holiday shopping season.Macy's says it will hire 18,000 workers to fulfill online orders and other tasks at warehouses devoted to e-commerce operations. That's an increase of 3,000 from a year ago. Overall, Macy's temporary hiring is expected at 80,000, down from 83,000 a year ago.The overall decline contrasts with rival Target Corp., which announced earlier this week that it was hiring 100,000 people to work at its stores, an increase of 40 percent from a year ago. The retailer also plans to hire 4,500 workers to help pack and ship online orders at its warehouses. 678

NEW YORK — In a blistering rebuke of President Donald Trump, Gov. Andrew Cuomo called the sitting president the worst "in history" from a New York vantage point after a report emerged that the president signed a memo ordering the federal government to begin the process of defunding New York City and other cities where protests have broken out and crime has increased.Federal agencies were told by the administration to send reports to the White House Office of Management and Budget to details funds that can be redirected away from New York City; Washington, D.C.; Seattle and Portland, the New York Post reported."President Trump has actively sought to punish NYC since day one," Cuomo said in a tweet. "He let COVID ambush New York. He refuses to provide funds that states and cities MUST receive to recover. He is not a king. He cannot 'defund' NYC. It's an illegal stunt."New York City gets more than billion annually from the federal government, according to a 2017 report from city's comptroller.Cuomo, in a Wednesday night conference call, said it was personal for Trump."New York City rejected him — always," Cuomo said. "He was dismissed as a clown in New York City."He said the Trump administration has done everything in their power to hurt New York City, citing a lack of funding or action for the Second Avenue Subway, the LaGuardia AirTrain, congestion pricing and, of course, the coronavirus pandemic."The best thing he did for New York City was leave," Cuomo said. "Good riddance."This comes at the same time as Congress squabbles over providing financial assistance to state and local governments in a coronavirus relief bill. The city government is currently dealing with a budget shortfall that could result in the dismissal of 22,000 municipal workers.In addition to condemnation from Albany, City Hall criticized the president's actions."As much as Donald Trump wants New York City to drop dead, we will never let this stand," a spokesperson for Mayor Bill de Blasio said. "This has nothing to do with 'law and order.' This is a racist campaign stunt out of the Oval Office to attack millions of people of color."In March, Trump threatened to withhold law enforcement grants from New York, and other sanctuary cities like it. At the time, Mayor de Blasio warned the cut would affect budgets for law enforcement and other first responders. Now, with the city reeling from the impacts of the coronavirus pandemic, that impact could be even worse.It's a threat that dates back to 2016. At the time, the first page of Trump’s “100 -day action plan to Make America Great Again” said Trump would cancel federal funding to sanctuary cities “to restore security and the constitutional rule of law.”A 2017 analysis from City Comptroller Scott Stringer found that about 10 percent of the money the city spends each year to keep residents healthy, safe and informed comes from the federal government.A request for comment has been left for the White House Office of Management and Budget.While it's likely that the president's memo will lead to a complex legal discussion, Cuomo was more succinct."President Ford said 'drop dead,'" Cuomo said of the infamous Daily News front page from 1975. "President Trump has actively been trying to kill New York City ever since he's been elected."This article was written by Corey Crockett and Aliza Chasan for WPIX. 3381

NEW YORK (AP) — In a litmus test for American moviegoing in the pandemic, Christopher Nolan’s “Tenet” brought in an estimated .2 million through the holiday weekend in U.S. and Canadian theaters. The result could be greeted as either the rejuvenation of U.S. cinemas — more Americans went to the movies this weekend than they have in nearly six months — or a reflection of drastically lowered standards for Hollywood’s top blockbusters given the circumstances. About 70% of U.S. movie theaters are currently open. Those in the country’s top markets, Los Angeles and New York, remain closed. Warner Bros. has emphasized that the usual opening-weekend calculus is out the window. Few onlookers felt it was possible to gauge how “Tenet” would open. The film, which cost 0 million to make and at least 0 million to market, will need to get close to 0 million to break even.The Walt Disney Co. also debut its 0 million live-action “Mulan” remake, but did so in a on-demand purchase for Disney+ subscribers. 1028

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