Latest in Happy holidays: Consumer spending surges again and keeps U.S. economy in overdrive
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Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
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The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
Jim Cramer explores why consumer goods stocks are seeing losses
CNBC's Jim Cramer reviewed Monday's market action and gave his take on why a large swath of stocks are notching losses.CNBC - Jan. 6 -
Winter storm brings power outages, leaving consumers in the dark
Hundreds of thousands of households across southern and eastern U.S. states were without power Monday.CBS News - Jan. 6 -
Online Holiday Shopping Got an AI Boost, Says Salesforce
Online sales climbed 4 percent in the year-end buying period, as AI-powered chatbots facilitated sales and returns.Inc. - Jan. 6 -
LG rolls out new AI services to help consumers with daily tasks
LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office.VentureBeat - Jan. 6 -
Liverpool’s holiday wobble won’t matter if their rivals can’t punish it | Jonathan Wilson
Liverpool may have got away with one in Sunday’s thrilling draw with Manchester United. But without a sustained challenge from those in chase, it may not matter. Title races are never just about ...The Guardian - Jan. 6 -
How the winter storm impacted travelers returning from New Year's holiday
The end of a record-breaking holiday travel stretch is being met with the first major winter storm of the year. Snow, ice and frigid temperatures wreaked havoc on roads across the Midwest over the ...CBS News - Jan. 6 -
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What is human metapneumovirus, are cases surging in China, and should we be worried?
Surging HMPV cases in northern China have prompted some online alarm but experts say the risk of another Covid-like pandemic is low. Human metapneumovirus (HMPV) is a respiratory disease that ...The Guardian - Jan. 6 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - Jan. 5 -
Friends From Debrina Kawam’s Happy Past Aghast After Subway Burning
Debbie Kawam, as she was known in high school, was a cheerleader and a sunny presence. As the decades went on, she fell into an abyss.The New York Times - Jan. 4 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
How hidden credit card fees impact consumers and businesses
The start of 2025 brought an increase in fees from the biggest credit card companies in the U.S. that may have you paying more the next time you swipe a card. NBC’s Vicky Nguyen reports for TODAY.NBC News - Jan. 4 -
Sabres Should Extend Surging Forward Right Now
The Sabres forward is making a serious case for a contract extension.Yahoo Sports - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Ronaldo on 2yrs in Saudi: Happy, but I want more
Cristiano Ronaldo has declared on his two-year anniversary with Saudi Pro League side Al Nassr that he's hungry for more titles.ESPN - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Barça's Flick 'not happy' with Dani Olmo status
Hansi Flick says he is "not happy about this situation" as Barcelona scramble to try and register Dani Olmo and Pau Víctor for the second half of the season.ESPN - Jan. 3 -
Apple's Siri settlement could mean money for consumers — what to know
Apple will pay $95 million to settle allegations that its Siri virtual assistant violated people's privacy by eavesdropping on mobile device users.CBS News - Jan. 3 -
TSA screens almost 39M travelers in 15 days over holidays
The Transportation Security Administration (TSA) said it screened almost 39 million passengers in about two weeks during the winter holidays, bringing the total to more than 900 million nationwide ...The Hill - Jan. 3 -
Covid surges across US after holidays amid low booster uptake
Test positivity, emergency room visits, hospitalizations and deaths are increasing as expert warns: ‘It’s still dangerous’. . Covid is once again surging across the US after an unusual relative ...The Guardian - Jan. 3 -
Americans focus on happiness, health, and savings in 2025
Saving money and improving mental health top the list of 2025 resolutions as Americans look to start the year with a focus on self-improvement and happiness.CBS News - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Congress, once again, is getting older
Congress is older, again, and baby boomers in the House and Senate are losing seats to Generation X and millennials.NBC News - Jan. 3 -
‘A lesson like no other’: readers’ favourite learning holidays
From surfing to singing, mastering a new skill can add an inspiring new dimension to a holiday. Our tipsters share their most rewarding experiences. We took the train to Birkenhead then overnight ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2