Holiday sales to grow at slowest pace since 2018; inflation wipes out consumers’ savings
U.S. holiday sales are expected to grow at the slowest pace since 2018 amid concerns that persistent inflation will wipe out consumer savings, according to a new survey. Holiday retail sales are projected to grow 2.3% to 3.3% from November through January, totaling $1.6 trillion. According to Deloitte's annual holiday retail forecast. That's a far […]
Kamala Harris Falsely Claims Trump Would Impose A National Sales Tax
CLAIM: Kamala Harris on Tuesday night slammed Donald Trump for proposing a national sales tax. Harris referred to the “Trump sales tax” and claimed it would increase prices of goods by 20 percent. Verdict: False. President Trump has not proposed a national sales tax. Harris was likely referring to Trump's proposal to raise tariffs on […]
FACT CHECK: Fact-Checking Harris’ Claim That Trump Wants To Impose A ‘National Sales Tax’
At a campaign event in Pittsburgh on September 2, 2024 Democratic candidate Vice President Kamala Harris Claimed Former President Donald Trump, a 2024 Republican candidate, wants to impose a nationwide sales tax on everyday items, which would cost the typical American family about $4,000 a year. Verdict: No evidence According to multiple sources and comments […]
Elon Musk’s Tesla Enjoys Strong Sales in China
Tesla's car sales in China hit a 2024 record in August, according to recent reports, but the company is still losing market share to domestic rivals such as BYD. luck Reports Elon Musk's Tesla has seen both good and bad things happen in the Chinese market this year. Although it recorded its highest monthly sales […]
Inflation may hurt Apple’s iPhone sales this year: survey
Nearly two-thirds of U.S. shoppers say persistent inflation will prevent them from buying a new phone this year, according to a survey released Tuesday, which could hurt sales of Apple's latest iPhones. investigation From WalletHub The survey also found that nine in 10 people believe the iPhone is too expensive. “When everyday living costs are […]
Big Lots Prepares to File for Bankruptcy amid Inflation and Declining Sales
Known as a retailer Big Lots The company is preparing to file for bankruptcy, as other companies across the United States have done recently. The discount home goods store could file as early as Sunday, Bloomberg reported Friday, citing people familiar with the matter, and the company plan The store will be sold under court […]
Mets’ playoff hopes increase tickets sales for likely historic September attendance
It finally happened in the bottom of the eighth inning in Queens on Wednesday, when Francisco Lindor stepped up to bat and the baseball crowd turned into a karaoke party. Lindor sensed the energy as the crowd began singing along to his entrance song, “My Girl,” and called a timeout before his turn at bat. […]
Watchdog to investigate Ticketmaster over Oasis ticket sales | Ticketmaster
The competition watchdog has launched an investigation into Oasis' ticket sales blunders. The Competition and Markets Authority (CMA) will be investigating Ticketmaster's handling of sales for the band's upcoming tour, including how “dynamic pricing” was used to adjust prices. Initial excitement over the Gallagher brothers' reconciliation quickly gave way to disappointment and anger last weekend, […]
Mortgage rates stall as home sales remain ‘lackluster’
Fox News real estate reporter Katrina Campins argues that something needs to happen in the housing market because supply issues are crippling the industry. Longer-term mortgage rates remained unchanged this week, while shorter-term mortgage rates fell slightly, but this was not enough to stimulate demand. Freddie Mac's latest primary mortgage market survey released Thursday showed […]
Boar’s Head sales plunge across NY supermarkets after listeria outbreak
A deadly listeria outbreak linked to the company's iconic cold-cut brand Boar's Head has caused meat sales to plummet by 30 percent at supermarkets and delis across New York, according to information obtained by the New York Post. New York state has been particularly hard hit, with the state health department investigating 17 cases of […]