Afternoon Coffee: Consumer Sentiment Rises, Wal-Mart Skips Free Shipping Offer for Holidays

U.S. consumer sentiment reached 90.0 in October, up from the 87.2 in September, according to the Thomson Reuters/University of Michigan index.

Wal-Mart will not offer free shipping on all online orders this holiday season, only those over $50. The retailer is also encouraging shoppers to pick up online orders in stores.

Shopping in malls will be popular again this holiday season. A recent report shows 82% holiday shoppers plan to shop in malls as much or more this season than last year.

A United Nations advisory panel is not pushing for a full ban on shipping lithium batteries on passenger planes, but suggested significantly reducing the initial internal charge on such batters shipped as air cargo.

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