Holiday spending this year from Nov. 1 to Dec. 31 is expected to rise 3 percent to 4 percent from last year to a record $957.3 billion to $966.6 billion, according to the National Retail Federation. Even as credit card debt tops $1 trillion, nearly all — or 96% — of shoppers said they expect … [Read more…]
‘This has got to stop’: This divorcing Cleveland man is spending $970 a month to pay off his truck — and now his ex wants him to eat up another $15,000 in debt. Dave Ramsey answers Divorce can be financially devastating, as one Cleveland man recently found out. Corey recently called into The Ramsey Show … [Read more…]
Quebecers’ consumption habits are changing more than ever, especially due to the rising cost of living and inflation. • Also read: Turkey for the price of caviar for Christmas dinner? • Also read: The Fed Chairman warns that it is “premature” to speculate about a rate cut • Also read: Interest rates: good news in … [Read more…]
General Motors is slowing the expansion of its Cruise automated driving division and significantly cutting the unit’s spending after halting operations in response to growing safety concerns about its self-driving cars. The company had planned to launch a ride-hailing service in San Francisco and three other cities and begin testing Cruise vehicles on the streets … [Read more…]
More major advertisers have paused spending on X, the social media service formerly known as Twitter, as backlash over Elon Musk’s support of an anti-Semitic conspiracy theory continued on the platform. Entertainment companies Warner Bros. and Sony, along with other well-known brands, have stopped spending on X. IBM paused its advertising for CBS on Thursday … [Read more…]
How about an extra gift for Christmas? What if it’s also a smartphone? That’s the good plan of the day three operators that will send you a free cell phone in your shopping cart. Nice deal, right? It remains to be seen whether you are Team Samsung or Team Apple! A free iPhone SE from … [Read more…]
Florence Lo/Portal In this illustration image, a Tencent Games app logo is seen on a mobile phone. Portal/Florence Lo/Illustration Hong Kong CNN – Shares of several Chinese tech giants slumped in Hong Kong on Friday, shedding billions from their total value, after Beijing unveiled a series of new regulations to curb online spending in the … [Read more…]