The presidential election is prompting some Americans to 'doom spend,' report finds

Some Americans are "doom spending" as a coping mechanism for worries about the presidential election and inflation, according to a new survey.

Topics

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 - 21h
Namibia's female VP leads in presidential election marred by problems and opposition complaints

Namibia’s ruling party presidential candidate leads in early results of an election characterized by technical problems which caused voting to be extended for three days
ABC News - 1d
What investors can learn from the S&P's performance after presidential elections since 1928

The S&P 500's performance is all over the map in the 12 months following previous presidential elections. The lesson for investors: don't do much.
CNBC - 22h
What investors can learn from the S&P's performance after presidential elections since 1928

Investors wondering if the presidential election may usher in a bad or good time for the stock market won’t find any easy answers looking at the past.
NBC News - 20h
Hunt is on to find 2 Americans who disappeared scaling New Zealand's tallest mountain

The hunt is on to find three climbers who disappeared while trying to get to the top of New Zealand’s tallest mountain, authorities said.
ABC News - 5h
Airbnb ‘Gladiator’ Experience at the Colosseum Prompts Outcry in Rome

An initiative by officials at the monument in a partnership with Airbnb has prompted an outcry among those who feel it will demean a cultural treasure.
The New York Times - 7h
Putin makes it official: Russia is all in on defense spending

Yahoo News - 10h
Tuesday Briefing: A Presidential Pardon

Plus, Free North Korea Radio.
The New York Times - 18h
What is a presidential pardon?

Presidents are granted the authority to issue pardons under Article II, Section 2 of the Constitution.
CBS News - 16h

The presidential election is prompting some Americans to 'doom spend,' report finds

Topics

Related

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

Namibia's female VP leads in presidential election marred by problems and opposition complaints

What investors can learn from the S&P's performance after presidential elections since 1928

What investors can learn from the S&P's performance after presidential elections since 1928

Hunt is on to find 2 Americans who disappeared scaling New Zealand's tallest mountain

Airbnb ‘Gladiator’ Experience at the Colosseum Prompts Outcry in Rome

Putin makes it official: Russia is all in on defense spending

Tuesday Briefing: A Presidential Pardon

What is a presidential pardon?

More from CNBC

South Korean stocks rocked in U.S. trading as country plunges into political chaos

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

Secret Service agent opens fire near home of Treasury Secretary Janet Yellen in Washington

Donald Trump Jr.’s reported involvement rockets PSQ Holdings' stock higher

CDC says McDonald's E. coli outbreak is over