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US holiday sales growth estimated at 3.1%: Mastercard
US holiday sales growth estimated at 3.1%: Mastercard
Economy
by  AFP

Preliminary shopping data indicated that US holiday sales increased 3.1 percent compared with the year-ago period, a solid but unspectacular increase reflecting mixed sentiment on the economy. The growth in this year's holiday sales is below 2022 holiday season sales increase of 5.3 percent and much below the 2021 figure of 14.1 percent, according to NRF data.

Apple Watch import ban goes into effect in US patent clash
Apple Watch import ban goes into effect in US patent clash
Economy
by  AFP

A US import ban on certain Apple smartwatch models came into effect Tuesday, after the Biden administration opted not to veto a ruling on patent infringements. The United States International Trade Commission (ITC) decided in October to ban Apple Watch models over a patented technology for detecting blood-oxygen levels.