Latest in Seeing Low Income Consumers Squeezed, Retailers Target $10 and Under Gifts
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Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
25 Work From Home Gift Ideas
Upgrade your loved one’s home office with these picks that make every day a little easier—and a little more fun.Wired - Dec. 8 -
The best books to give as gifts this Christmas
From a radical retelling of Huckleberry Finn to Al Pacino’s autobiography, novelists and nonfiction writers reveal the books they will be giving as gifts – and the volumes they would love to find ...The Guardian - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
21+ best Lego gifts to shop this year
For the best Lego gifts this year, we looked to Lego Duplo, Lego Creator and Lego Ideas.NBC News - Dec. 6 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
The Big Ten and SEC are set to gobble up CFP bids. That could squeeze the ACC and other leagues
The Big Ten and Southeastern conferences are set to gobble up the majority of the bids to the newly expanded 12-team College Football PlayoffABC News - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - Dec. 6 -
Holiday gift suggestions for your gamer | The DeanBeat
OK, I've been a little late coming up with my holiday gift guide, as we've already passed both Black Friday and Cyber Monday.VentureBeat - Dec. 6 -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - Dec. 6 -
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How Consumer Brands Are Preparing for Trump-Proposed Tariffs
Founders will be working overtime this holiday season on reconfiguring their supply chains away from China.Inc. - Dec. 6 -
When consumers should buy electric cars
President-elect Donald Trump indicated that once in office, he plans on ending the consumer tax credit for electric vehicle purchases. Business Insider autos senior reporter Nora Naughton joins ...CBS News - Dec. 5 -
What Can You Expect From Incoming SBA Chief Kelly Loeffler?
Assuming Loeffler’s nomination is confirmed by the Senate, many challenges await her at the Small Business Administration’s mast.Inc. - Dec. 5 -
13+ impractical gifts to spark joy
We rounded up the best impractical yet gratifying gifts, including fun desk accessories and eclectic home decor.NBC News - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Some bargain gifts on Temu come at the cost of quality
When NBC News tried out six products from the low-cost retailer that resembled name-brand counterparts, only half performed as expected.NBC News - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
25 Gift Ideas Under $25 (2024), Tested and Reviewed
Whether you’re shopping for a book lover, organizer, or perpetual phone dropper, a cheap holiday gift can always be a fun one.Wired - Dec. 5 -
The Best Gifts for the Beverage Enthusiast in Your Life (2024)
Our favorite WIRED-tested giftable gadgets for everything from water and coffee to wine and cocktails.Wired - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Amazon sued over slower deliveries to low-income neighborhoods
Amazon allegedly stopped its fastest delivery service to almost 50,000 Prime subscribers in two District of Columbia ZIP codes.CBS News - Dec. 4 -
17 Gifts for People Who Are Perpetually Cold (2024)
From tiny mugs to a backyard hot tub, these picks will make your loved ones feel warm and fuzzy—inside and out.Wired - Dec. 4 -
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 - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
The 10 Best Books of 2024
The staff of The New York Times Book Review choose the year’s top fiction and nonfiction.The New York Times - Dec. 3 -
17 Best Housewarming Gifts for Any New Home
Make a house into a home with these gifts, whether they’re moving into their first house or a great new apartment.Wired - Dec. 3 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
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Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers
A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.Wired - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - Dec. 3 -
LeBron James scores season-low 10 points in Lakers' 109-80 blowout loss to Timberwolves
LeBron has scored a combined 22 points in his past two games.Yahoo Sports - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2 -