U.S. ICSC retail sales 3.7 percent in December

NEW YORK Thu Jan 9, 2014 1:06pm EST

Breakfast cereal is shown for sale at a Ralphs grocery store in Del Mar, California, March 6, 2013. REUTERS/Mike Blake

Breakfast cereal is shown for sale at a Ralphs grocery store in Del Mar, California, March 6, 2013.

Credit: Reuters/Mike Blake

NEW YORK (Reuters) - U.S. comparable chain store sales rose 3.7 percent in December from a year earlier after increasing 2.1 percent in November, the International Council of Shopping Centers said in a report on Thursday.

(Americas Economics and Markets Desk)

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.