Americans are spending a little less this holiday season — but still more than they can afford. Total spending on Black Friday, both in stores and online, fell slightly from a year ago — the first decline on record — in part because holiday shoppers started their shopping earlier in face of supply chain setbacks
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A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters Buyers came roaring back to the housing market in October, even as mortgage rates rose. Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September, according to the National Association of Realtors. Sales were
In this article LULU PTON An employee restocks clothes on display at the Lululemon Athletica sports apparel store on Regent Street in London. Simon Dawson | Bloomberg | Getty Images Lululemon on Monday filed an anticipated patent lawsuit against Peloton, in a growing feud over the designs of its sports bras and leggings. In the
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus
Charging Bull Statue is seen at the Financial District as snowfall in New York City, United States on December 16, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Investors are about to be besieged with financial soothsayers predicting returns for 2022. My guess is after the more than 16% in annualized gains from
PeopleImages.com | Getty Images Since early 2020, most of us have obviously focused our energy and attention on the global pandemic. As we emerge from this perilous time, it’s important to remember that the last 20 months have had a profound impact on charitable giving. It has been widely reported that small charities nationwide have
Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In addition, millennials were more likely than their older coworkers to
In this article AMZN CBRE PLD JLL FDX UPS XPO For every Cyber Monday purchase, there is a warehouse employee packing up those soon-to-be presents. The big online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at all-time lows. Nearly 96% of existing industrial space is
According to crypto investment giant Grayscale, the Metaverse could grow to have a $1 trillion valuation.
International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images The heavily-mutated omicron Covid-19 variant has been detected in more countries as governments around the world weigh new travel bans and restrictive measures. The World Health
In this article MRNA RCL CCL AAL DAL UAL Check out the companies making headlines in premarket trading. Moderna — Shares of the vaccine maker continued their rally, jumping more than 11% in early morning trading Monday after gaining 20% on Friday. On Sunday the company’s chief medical officer said Moderna could roll out a reformulated
JGI/Jamie Grill | Tetra images | Getty Images Before starting any planning around money, newlyweds should take a hard look at who they are and what they want out of life, financial advisors say. “It’s important for you to sit down together and discuss your values — both as individuals, and then as a couple,”