Sales at US retailers rose at a solid pace in November, despite jitters about the economy and a slowing labor market.

Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday.

Price hikes picked up speed for US-based businesses toward the end of last year, a potential signal that inflation has yet to peak and prices could soon rise faster for consumers.

(CNN) — Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to ...