Student loan repayments hit holiday shopping budgets
The resumption of student loan payments is hitting consumers hard, forcing them to cut back on holiday expenses. Teachers are feeling a particular strain and considering moving jobs.
Ryan Belanger on retail: 'All eyes will be on Black Friday'
A 'Mornings with Maria' panel discusses the anticipated release of the Fed's meeting minutes, retail earnings, holiday shopping and hedge fund manager Ken Griffin seeing Miami overtaking New York City as America’s finance capital.
NBA player launches new basketball sneaker featuring Bible verse, wants people to 'wear their values'
Jonathan Isaac, an NBA player who is Christian, launched an NBA-caliber basketball shoe on Thursday, Nov. 16, featuring a Bible verse on the outside of the shoe.
Walmart aims to lower food costs to entice customers to buy other products
Walmart executives said Thursday during the company's quarterly earnings call that it is seeking to lower food costs so shoppers can spend more on general merchandise.
China is exporting deflation to the rest of the world: John Lonski
The Lonski Group President John Lonski and LSEG director of consumer research Jharonne Martis discuss the lag in consumer spending and China's economic troubles on 'Making Money.'
Deer seen crashing through Tennessee restaurant window, injuring teen: video
A 13-year-old girl reportedly had to get 11 stitches in her shoulder after the hoof of a deer ripped it open while she was eating dinner with family and friends.
Starbucks employees walk out during busy 'Red Cup Day' event
Starbucks workers at multiple stores walked off the job during the company's promotional Red Cup Day event on Thursday. At least 5,000 workers were expected to take part in the strike, according to Starbucks Workers United.
More eyedrops recalled after FDA warning
Another company issued a recall for eye drops after Food and Drug Administration investigators warned that unsanitary conditions could have contaminated dozens of products.
Piper Sandler's Craig Johnson predicts a 'solid year end rally' for the markets
Piper Sandler Managing Director Craig Johnson provides a technical outlook on the markets, the Federal Reserve's management of rate hikes and retail sales.
Bath & Body Works trims sales forecast as demand slows into holiday season
Bath & Body Works on Thursday lowered its annual sales forecast on signs of slowing demand ahead of the crucial holiday season, as customers cut back spending on non-essential items.
Walmart's caution on consumer spending ahead of holidays sends shares lower
Walmart said shoppers slowed purchases at the end of October, in contrast to spending patterns earlier in the quarter, echoing comments from other retailers that have seen sales ebb.
The consumer is 'stressed,' but inflation is 'coming down': Phil Orlando
Federated Hermes chief equity strategist Phil Orlando on the Fed's rate hikes being 'over,' the holiday retail outlook and remaining Q3 earnings.
US consumer spending over Thanksgiving weekend expected to reach $130 billion
Consumers are expected to spend a bit more over Thanksgiving weekend this year compared to last during the unofficial holiday shopping kickoff of Black Friday and Cyber Monday.
The death of the consumer is 'greatly exaggerated': Ryan Payne
Payne Capital Management President Ryan Payne, SW Retail Advisors President Stacy Widlitz, and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss their outlooks for the markets, retail sales and on Nvidia's market value.
Thanksgiving dinner 2023: Here's how much you'll have to fork over
The Farm Bureau released data on Wednesday breaking down how much money consumers should expect to pay for a Thanksgiving dinner for 10 people this year.
Target exec warns retail shrink remains 'significant headwind'
Minneapolis-based Target warned Wednesday that it is taking a financial hit from inventory shrink, or the loss of products due to circumstances such as theft.
Retail sales drop in October for first time in 7 months
Retail sales fell in October for the first time in seven months as consumers pulled back on spending in the face of inflation and high interest rates.
Louis Navellier on October PPI, retail sales expectations
Navellier & Associates founder and CIO Louis Navellier discusses his expectations for the October PPI report, retail earnings, the Federal Reserve's handling of rate hikes, and his market outlook on 'Mornings with Maria.'
Biden's economy is moving towards recession: Peter Morici
Former U.S. International Trade Commission chief Peter Morici discusses the state of the U.S. economy under Biden on 'Varney & Co.'
Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season
Workers United has called for thousands of employees at hundreds of Starbucks stores to walk out on Nov. 16, the coffee chain's "Red Cup Day," in demand of better working conditions.