Black Friday remains one of the busiest shopping days of the year, but its impact has been diluted by monthlong holiday sales and the convenience of buying online.
Category: Consumer Behavior
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How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
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Walmart Sees ‘Momentum’ Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.
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Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
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Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.
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Why Cooling Inflation Hasn’t Eased Sticker Shock
The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things now actually cost.
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Amazon Reports Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.
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Walmart Holiday Shopping Plans Are Laid Months Before Black Friday
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.
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GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.
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Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.
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McDonald’s Focus on Value Bolsters U.S. Sales
The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company has moved quickly to contain.
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Starbucks Reports a Slide in Sales and Traffic
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.