A sweet Black Friday deal for retailers this year: ‘People keep spending money’

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  Black Friday and Cyber Monday Shopping Exceeds Industry Estimates

  An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.
  
  The New York Times - 23h
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  BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt

  Buy Now Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.
  
  Inc. - 2h
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  Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook

  Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.
  
  The Wall Street Journal - 2h

• Americans expected to spend $13 billion total on Cyber Monday deals

  Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.
  
  CBS News - 1d
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  Week 13 NFL rookie rankings: Brock Bowers goes big on Black Friday, Jayden Daniels bounces back

  Two Eagles played pivotal roles in knocking off AFC power Baltimore
  
  CBS Sports - 1d

• Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.

  The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...
  
  MarketWatch - 8h

• Latest from Tiger Woods: Health, PGA Tour-PIF deal and Ryder Cup money

  Woods isn't sure when he's going to return to competitive golf, but he still has thoughts on some of the pressing issues facing the sport.
  
  ESPN - 3h
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  Mollie Marcoux Samaan stepping down as LPGA commissioner after 3 1/2 years of record prize money

  Mollie Marcoux Samaan is leaving after more than three years as LPGA commissioner
  
  ABC News - 1d

• Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.

  The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.
  
  MarketWatch - 7h

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