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Consumers bought more secondhand items in 2023, but major purchases are back for 2024

When consumers made purchases at retail stores, the majority chose second-hand products. (iStock) In response to rising inflation, consumers drastically changed their spending habits in 2023, cutting back and saving money each month. Non-essential retail purchases were made first, with 60% of consumers avoiding retail spending last year. PYMNTS study reveals. Used goods have become […]

Investors bought record share of low-priced housing in fourth quarter: Report

Investors bought more than a quarter of affordable homes in the fourth quarter of 2023, as mortgage rates and home prices remained well above pre-pandemic baselines. Investors bought 26.1% of affordable homes in the U.S. in the fourth quarter, a record high, according to real estate data firm Redfin. The company defines affordable housing as […]

Donald Trump getting ‘bought out’ as he defends Bud Light: critics

Donald Trump called for a truce in the culture war over Bud Light’s transgender debacle, a move that prompted criticism that the company was being “bought” by beer giant Anheuser-Busch. Ta. The former president said on his social media platform Truth Social on Tuesday that Anheuser-Busch is “not a woke company,” and has already criticized […]

Mother of Oxford High School Shooter Says Husband Bought Gun for Son

The mother of the Oxford High School shooter on Nov. 30, 2021, admitted to an affair and claimed her husband bought a handgun for her son on Black Friday 2021. CNN I got it. The mother, Jennifer Crumbley, said her husband, James Crumbley, was responsible for keeping the gun safe. She said: It was his […]