Consumers will reportedly pay 5% less than last year on Thanksgiving dinner items, according to the American Farm Bureau. However, the average cost is still around 19% higher than it was before the COVID-19 pandemic.
Ted Thatcher, president of Bright Lake Wealth Management, joins Alicia Summers. After a challenging October, where unemployment claims spiked due to hurricanes, Thatcher will address whether this rebound signals renewed employer confidence, often dubbed the “Trump bump,” or if it’s too soon to make that call.
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
With Donald Trump set to return to the White House, many are wondering how he will fix the broken economy that Joe Biden left him. One America’s Nathaniel Mannor has our report.
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
The automotive aftermarket parts provider Advance Auto Parts announced on Thursday that it will close more than 500 stores by mid-2025, while also cutting jobs in an effort to save money.
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.