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Retail sales in the United States grew steadily in December, showing strong economic demand and further reinforcing the Federal Reserve's cautious attitude towards interest rate cuts this year. Data released on Thursday showed that retail sales increased by 0.4% last month, while after revision, November's retail sales growth was 0.8%. Economists surveyed had previously predicted a 0.6% increase in retail sales for December. Before the report was released, non-farm employment surged last week, with the unemployment rate dropping from 4.2% in November to 4.1%. In addition, although potential inflation slowed down in December, the overall consumer price index hit its biggest increase in nine months. Currently, labor market resilience is driving spending through steady wage growth. Household balance sheets are also healthy but low-income consumers are struggling.

Bitget Wallet Lite announces full support for TON Connect, an integration that allows TON ecosystem projects to directly connect with the wallet, reducing connection costs and improving development efficiency. It also optimizes user experience in connecting decentralized applications (DApps) within the TON ecosystem on Telegram. As a bridge connecting the TON blockchain ecosystem and over 1 billion Telegram users, Bitget Wallet Lite provides transaction functions through integrating with TON Connect and offers solutions for developers.The lightweight wallet Bitget Wallet Lite supports mainstream public chains. Users can create wallets, manage assets, trade and purchase cryptocurrencies without downloading an app. It offers multi-language support, multiple currency types across devices as well as multiple encryption mechanisms to ensure asset security. Since its launch two months ago it has attracted over 10 million users.