In today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s Darya Folsom talk about U.S. Christmas sales, the NFL and Fortnite, and job openings.
Rob also answers the viewer question, “Why should I invest in a work 401k if the market is going to crash?”
Job openings: Job openings slip to 7 million in September, still near record high. The level of job openings in the U.S. edged lower in September but was still well ahead of the total number of people looking for work.
U.S. Christmas sales: Total retail sales in the U.S will hit $1.002 trillion during the Christmas holiday period, marking the “strongest growth since 2011,” according to eMarketer. In-store sales are forecast to rise 4.4 percent year-on-year, while e-commerce sales are predicted to grow by 16.6 percent.
The NFL and Fortnite: The NFL has huddled with publisher Epic Games to bring football gear to the massively popular online game. Players will be able to get NFL team outfits in the game’s Battle Royale item shop beginning Friday. Once a player gets a uniform for any one NFL team, they can customize it with a jersey number each time they use it – and swap it out for a different team’s helmet, jersey pants and cleats.
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