A “much more budget-sensitive” holiday shopping season

Retail sales went up 3.7% in the year through November, suggesting shopping is running strong this holiday season. But a Gallup survey finds that middle-class families are spending less. We’ll take the pulse of shopping for this year’s holiday season. Also, we’ll hear a brief bio of Stephen Miran, Trump’s pick for chair of the president’s Council of Economic Advisers, and head to Zagreb, Croatia to learn about one doozy of an Advent celebration.