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Debt burden, higher prices cloud strong start to US holiday shopping season | Video

02:46 Min

Even though the US economy is slowing, data showed that Cyber Week enticed consumers to spend more at the start of the traditional shopping season. This is despite the restarting of student loan repayments, with more than 43 million borrowers holding outstanding debt. Caroline Malone reports from Washington.

Even though the US economy is slowing, data showed that Cyber Week enticed consumers to spend more at the start of the traditional shopping season. This is despite the restarting of student loan repayments, with more than 43 million borrowers holding outstanding debt. Caroline Malone reports from Washington.

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