National Retail Federation Predicts Record 2024 Holiday Sales
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Holiday travel expected to break records
America's airports and highways will be jam-packed over the next two weeks, with the holiday travel season expected to set records. AAA is predicting more than a 119 million Americans will travel ...CBS News - 1h -
The Mega Millions jackpot is nearing $1 billion — but that’s not the only reason lottery sales could see a holiday spike
Christmas also fuels one form of lottery playing in particular.MarketWatch - 1h -
Record number of Americans expected to travel over holidays
A record number of Americans are expected to be on the move over the holidays. Nearly 120 million people are estimated to pack the nation's airports and highways between now and New Year's Day, ...CBS News - 15h -
EU imports record quantities of Russian LNG in 2024
Bloc received 16.5mn tonnes of liquefied natural gas by mid-December despite efforts to reduce supplies from RussiaFinancial Times - 1d -
Holiday travel record predicted as government shutdown looms
More than 119 million people will travel at least 50 miles from home between Saturday and New Year's Day, which would top the previous holiday-season high set in 2019, according to AAA.CBS News - 1d -
AAA predicting record holiday travel
There’s no place like home for the holidays, and a record number of people are expected to travel this year. The auto club AAA expects 119.3 million people to travel 50 miles or more between Dec. ...The Hill - 1d -
British retail sales rebound falls short of expectations
Supermarkets performed well in November but clothing stores had tough monthFinancial Times - 1d -
Best Steam Winter Sale 2024 Game Deals
2024's Steam Winter Sale has officially kicked off, and like previous events, this end-of-year promotion has a ton of discounted games on offer that'll help grow your backlog. We've highlighted our ...GameSpot - 1d -
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter wonderland.NBC News - 2d -
Federal Reserve decision coming on final interest rate cut for 2024
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.CBS News - 2d -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 3d -
General Mills’ refrigerated-dough sales disappoint as holiday baking season starts
General Mills’ stock was falling Wednesday after a cut to the company’s full-year profit outlook overshadowed a big quarterly earnings beat.MarketWatch - 3d -
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Retailers are trying to capitalize on customers going big on decorating, especially as discretionary spending is still under pressure.CNBC - 3d -
A record number of Latino-led movies are inducted to the National Film Registry
“Spy Kids,” “Up in Smoke,” “Mi Familia,” “American Me” and “Star Trek II: The Wrath of Khan” were five Latino led movies chosen by The Library of Congress for preservation in the National Film ...NBC News - 3d -
Treasury yields hold steady after November retail sales, industrial production
Treasury yields finished little changed on Tuesday after stronger-than-expected retail sales for November and an unexpected decline in industrial production last month.MarketWatch - 3d -
Retail sales jump on strong auto and internet buying. Economy in good shape for holiday season.
There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.MarketWatch - 4d -
Weather service: 2024 will be the hottest year on record for Germany
Yahoo News - 4d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 5d -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 5d -
Holiday travel expected to break records
The end of 2024 is expected to be the busiest holiday travel period on record, as experts predict it will narrowly beat the record set in 2019. Kris Van Cleave has more on the nation's travel plans.CBS News - 5d -
2024 holiday gift ideas from Techno Claus
As the holiday nears, "Sunday Morning" is paid a visit by Techno Claus (a.k.a. David Pogue), who offers valuable gift-giving tips for the gadget lovers on your list.CBS News - 6d -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - Dec. 12 -
Holiday travel expected to break records again
The end-of-the-year holiday travel rush begins next week and AAA is expecting more than 119 million travelers. Most, 107 million, will drive, with gas prices nearly $.15 cheaper than a year ago.CBS News - Dec. 11 -
Federal bankruptcy judge rules against sale of Alex Jones InfoWars to The Onion
A federal bankruptcy judge denied the sale of Alex Jones’s InfoWars to The Onion on Wednesday, citing a lack of transparency in the auction process as reason for rejection. “I don’t think anyone ...The Hill - Dec. 11 -
Infowars Sale to The Onion Rejected by Federal Bankruptcy Judge
The Onion’s bid for the conspiracy website was supported by the families of victims of the Sandy Hook shooting and a nonprofit focused on ending gun violence.The New York Times - Dec. 11 -
Taylor Swift’s Eras Tour Made a Record $2 Billion of Ticket Sales
Over 21 months, the pop superstar’s culture-dominating stage show doubled the gross of its closest competitor, according to ticket sales figures confirmed for the first time.The New York Times - Dec. 9 -
Taylor Swift’s Eras tour smashes touring revenue record with more than $2bn in ticket sales
Pop singer’s 149-date tour, which ended on Sunday in Vancouver, more than doubles the previous record for a completed tour. Taylor Swift’s Eras tour has been confirmed as the most commercially ...The Guardian - Dec. 9 -
Caitlin Clark Fever rookie card sells for record-setting price, second-highest sale ever in women's sports
Clark signed an exclusive partnership with Panini America earlier this yearCBS Sports - Dec. 8 -
Transcript: Frank McCourt on "Face the Nation with Margaret Brennan," Dec. 8, 2024
The following is a transcript of an interview with business executive Frank McCourt on "Face the Nation with Margaret Brennan" that aired on Dec. 8, 2024.CBS News - Dec. 8 -
Federal appeals court upholds law requiring sale or ban of TikTok in the US
A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok as soon as next month, handing a resounding defeat to the popular social media platform as it ...ABC News - Dec. 6 -
TikTok Ban or Sale Upheld by Federal Appeals Court
The D.C. Circuit denied TikTok’s petition to overturn the ruling that requires it to break with parent company ByteDance or be banned.Inc. - Dec. 6 -
Federal appeals court upholds law requiring sale or ban of TikTok in the U.S.
A federal appeals court panel on Friday upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its ...ABC News - Dec. 6 -
A federal appeals court panel upholds a law requiring the sale or ban of TikTok in the US
A federal appeals court panel upholds a law requiring the sale or ban of TikTok in the USABC News - Dec. 6 -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - Dec. 5 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - 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 -
Michigan football National Signing Day 2024: Recruiting updates, predictions from Wolverines insiders
The Michigan Insider 247 team looks ahead to Early National Signing Day 2024, Bryce Underwood and the rest of Sherrone Moore's Class of 2025CBS Sports - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Best Kindle Cyber Monday Deals and Amazon Device Sales (2024)
Cyber Monday is almost over—grab the brand-new Kindle lineup and many other Amazon products, from Eero routers to Ring cameras, before time runs out.Wired - Dec. 2 -
Transcript: Jill Schlesinger on "Face the Nation with Margaret Brennan," Dec. 1, 2024
The following is a transcript of an interview with CBS News business analyst Jill Schlesinger on "Face the Nation with Margaret Brennan" that aired on Dec. 1, 2024.CBS News - Dec. 1