Cyber Monday is the biggest online shopping day of the year — thanks to deals and hype

[ad_1] Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday –- a term coined back in 2005 by the National Retail … Read more

Americans expected to increase spending this holiday season

[ad_1] Americans expected to increase spending this holiday season – CBS News Watch CBS News According to one survey, American shoppers are expected to spend 14% more this holiday season than they did in 2022, this despite inflation and high interest rates. Roxana Saberi has more. Be the first to know Get browser notifications for … Read more

Consumers spent $5.6 billion on Thanksgiving Day — but not on turkey

[ad_1] Americans cracked open their wallet in a big way on Thanksgiving, spending $5.6 billion on things like clothes, electronics, jewelry and toys. That’s a 5.5% increase from how much shoppers spent on turkey day last year. Most of the shopping frenzy — about $3.3 billion worth — happened online with consumers using smartphones and … Read more

It’s the cheapest Thanksgiving Day for drivers since 2020. Here’s where gas prices could go next.

[ad_1] Drivers find lower gas prices at the pump this Thanksgiving Drivers find lower gas prices at the pump this Thanksgiving 00:50 Drivers taking on the Thanksgiving travel rush this year have one thing to be thankful for: Lower gas prices.  Nationally, the average price of gas hit $3.27 a gallon on Thursday, according to data … Read more

Warren Buffett donates nearly $900 million to charities before Thanksgiving

[ad_1] Warren Buffett has donated more than $870 million in Berkshire Hathaway stock to four charitable foundations, a holiday tradition that underscores the billionaire’s pledge to give away most of his wealth to philanthropy.   The Oracle of Omaha granted 1.5 million Class B shares of his conglomerate to the Susan Thompson Buffett Foundation, a … Read more

Here’s how much a typical Thanksgiving Day feast will cost this year

[ad_1] Many Thanksgiving staples cost more this year Many Thanksgiving dinner staples cost more this year as inflation persists 02:35 The cost of preparing your Turkey Day feast is likely to be cheaper this year — and you can thank the turkey. Turkey costs per pound fell to $1.25 in September, down 43 cents from … Read more

Shoppers expected to spend more at small businesses this holiday season:

[ad_1] The National Retail Federation estimates a record 166 million people will shop from Thanksgiving through Cyber Monday.  Don Queen, who owns the store Classic Toys in Los Angeles, California, is gearing up for the holiday rush by stocking up his shelves with toys from the past.  “It looks more prosperous than last year,” Queen … Read more

Which stores are open and closed on Thanksgiving Day

[ad_1] Americans looking to get a jump-start on their holiday shopping Thursday have fewer options than before the pandemic, with more retailers now closing their doors on Thanksgiving Day.  The practice by major retail chains of launching in-store Black Friday sales on Thanksgiving came to an abrupt end in 2020, when COVID-19 made going to crowded … Read more

Which stores are open and closed on Thanksgiving Day

[ad_1] Americans looking to get a jump-start on their holiday shopping Thursday have fewer options than before the pandemic, with more retailers now closing their doors on Thanksgiving Day.  The practice by major retail chains of launching in-store Black Friday sales on Thanksgiving came to an abrupt end in 2020, when COVID-19 made going to crowded … Read more