The Week Ahead: Holiday shopping, St. Louis cab app, the Dow at 20,000

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Top picks

• In the final week of shopping before Christmas, retailers will hope to register big sales numbers. Retail sales rose only 0.1 percent in November, the Commerce Department reported Wednesday, spurring speculation of a lackluster holiday shopping season.

• The St. Louis Metropolitan Taxicab Commission is scheduled to meet Tuesday and take another step in its effort to launch a smartphone app linking users to all area cabs — a function similar to what’s provided by ride-hailing apps. The group’s leadership will present a request for qualification, after which the commission will begin accepting proposals from prospective vendors, according to Ron Klein, the commission’s executive director.

• The Federal Reserve Bank of Kansas City will release its monthly manufacturing index on Thursday, providing an update on current manufacturing activity in the Fed’s 10th district.

• It’s the waning days of a special exhibit on presidential elections and the Constitution at the Harry S. Truman Library and Museum in Independence. The exhibit, called “A More Perfect Union: How Critical Presidential Elections Reshaped the Constitution,” runs through Dec. 31.

Day planner

Monday

Treasury securities auction; Janet Yellen speech

Tuesday

Earnings from BlackBerry, Carnival, FedEx, General Mills and Nike

Wednesday

Existing home sales; EIA petroleum status report; earnings from Bed Bath & Beyond and Finish Line

Thursday

Durable goods orders; third-quarter GDP (third estimate); Chicago Fed National Activity Index; corporate profits; jobless claims; earnings from Cintas and Conagra Brands

Friday

New home sales; consumer sentiment; Baker-Hughes rig count


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