Credit card debt set to hit record levels as consumer holiday spending rises – CNBC

A woman shops at a Target store in Chicago on November 26, 2024. Kamil Krzaczynski | AFP | Getty Images Heading into the holiday season, many Americans were already saddled with record credit card debt. Still, consumer spending is expected to reach new highs this season. The National Retail Federation said last week that spending […]
Fire erupts at Bryant Park’s holiday market in NYC

A raging fire gutted the stalls of Bryant Park's iconic holiday market Friday morning, sending huge plumes of black smoke billowing above the Manhattan skyline. The fire broke out around 9:20 a.m., with a heavy column of flame erupting from a shed set up in a park on West 40th Street between Fifth and Sixth […]
Gold (XAU) Price Forecast: Rally Stalls in Holiday Lull, but Yields Signal Downside Risk – FX Empire

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FedEx Driver Ditched Holiday Packages in Woods to Avoid Working Late

A FedEx contract worker is accused of dumping dozens of travel packages into the woods to avoid working late into the night. LaTavion Lewis, of Alabama, was arrested and charged with grand larceny, illegal dumping, and organized fraud scheme. new york post reported. His arrest came after the post office in Bonifay, Florida, received reports […]
EUR/USD trades with mild losses near 1.0400 amid holiday quiet session – FXStreet

In Friday's Asian session, EUR/USD traded with a slight negative bias around 1.0415. Last week, U.S. new jobless claims fell to their lowest level in a month. The ECB's dovish outlook could weigh on the euro in the short term. EUR/USD fell to around 1.0415 in Asian trading on Friday. Trading volumes are thin as […]
Stock market today: Stocks waver in thin trading after US markets reopen following a holiday pause – Yahoo Finance

Stocks on Wall Street swung in afternoon trading Thursday as gains from tech companies and retailers cushioned losses elsewhere in the market. The S&P 500 rose less than 0.1% after bouncing between slight gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, […]
Britney Spears’ emotional Christmas reunion, Mariah Carey’s Santa moment top Hollywood’s holiday celebrations

Hollywood celebrities enjoyed their Christmas holidays Wednesday by decorating the halls with holly boughs. It was a special day for Britney Spears. She celebrated her long-awaited reunion with her youngest son Jaden, 18, whom she had not seen for two years. The pop star shared a video of her moments with Jaden on Instagram, captioning […]
The NBA fought back on Christmas, and reminded us it still runs this holiday

The biggest topic of the NBA season so far has been why the current NBA sucks. This story began during a lackluster 2024 NBA All-Star Game (a meaningless exhibition!) and feels like it's completely unraveled ever since. It's impossible to watch a game on TV without a legendary former player telling you how much better […]
Holiday sales jump more than expected as retailers slash prices

Holiday shoppers opened their wallets at the last minute in search of bargains on online platforms, making bulk purchases of apparel, electronics, jewelry and more, demonstrating the health of their household finances. According to a report from Mastercard Spending Pulse, spending during the holiday shopping period from November 1 to December 24 will increase by […]
US holiday retail sales stronger than last year with online boost, Mastercard says – Yahoo Finance

(Reuters) – U.S. retail sales rose from Nov. 1 to Dec. 24 as strong promotions prompted consumers to make last-minute purchases to boost sales during a highly competitive holiday season for retailers. It has increased by 3.8% over the period. The sales growth was well above last year's 3.1% increase, with the final five days […]