Nov 29 Retailers hope bigger Black Friday deals energize holiday shoppers By Anne D'Innocenzio Retailers in the United States and some other countries have spent weeks pushing early holiday deals, but they are trying to seduce customers with promises of bigger discounts on Black Friday. Continue reading
Nov 28 Trump’s tariff threats jeopardize avocados, tequila and other iconic Mexican products By Armando Solís, Associated Press In western Mexico, few crops are as important as avocados. But avocado growers, pickers and packers worry that U.S. consumers facing higher prices might just skip the guacamole. Continue reading
Nov 28 Why retailers still see Black Friday as the high point of the holiday shopping season By Anne D'Innocenzio In the U.S., analysts envision a solid holiday shopping season, though perhaps not as robust as last year’s, with many shoppers under financial pressure and cautious with their discretionary spending despite the easing of inflation. Continue reading
Nov 27 Why are eggs getting more expensive again? By Dee-Ann Durbin, Josh Funk, Mark Vancleave, Associated Press The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. Continue reading
Nov 27 U.S. inflation gauge ticks higher with consumer prices on the rise By Christopher Rugaber, Associated Press According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. Continue reading
Nov 25 How the TSA plans to handle the ‘busiest Thanksgiving ever’ By David Koenig, Associated Press At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Continue reading
Nov 25 Macy’s says employee hid up to $154 million in expenses, delaying full earnings release By Michelle Chapman, Associated Press It anticipates reporting its full third-quarter financial results by Dec. 11. Continue reading
Nov 21 DOJ seeks to break up Google, forcing web browser Chrome sale as monopoly punishment By Michael Liedtke, Associated Press The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Continue reading
Nov 20 Billionaire Gautam Adani charged with fraud, hiding bribery scheme from investors By Associated Press An Indian businessman who is one of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in his home country by concealing that it was facilitated by alleged… Continue reading
Nov 18 Spirit Airlines files for bankruptcy as financial blows pile up By David Koenig, Associated Press Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion over the next year. Continue reading