Hertz Restating Results, Probe Finds $87M in Errors

The video discusses a rise in retail sales and increased consumer confidence due to lower gasoline prices and higher stock and home values. It also covers a rental company's accounting issues, leading to financial restatements and cost-cutting measures. Additionally, NBA Commissioner Adam Silver proposes legalizing sports betting, urging Congress to create a framework for states to permit gambling.

What was the percentage increase in retail sales last month?

What factors are boosting consumer confidence according to the text?

What financial issues is the rental company facing?

How much does the company plan to cut in costs?

What proposal did Adam Silver make regarding sports betting?