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Holiday spending projected to surpass $979B

Telsey Advisory Group CEO Dana Telsey shares her thoughts on the retail industry and consumer behavior on Barron's Roundtable. The National Retail Federation (NRF) predicted that holiday spending will rise to a new record this year, totaling $979.5 billion to $989 billion, as consumers lean toward e-commerce. This reflects growth of ~3.5%, the slowest pace […]

Dems face tight timeline to confirm Biden-Harris judges, surpass Trump legacy

President Biden and Senate Democrats are racing to confirm more judicial nominees than former President Donald Trump did during his time in office. But the Legislature faces a tight schedule, with time-sensitive bills being introduced this fall and a full month off in October. Before the August recess, Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) […]

RNC, Trump Campaign Surpass 150,000 Poll Watchers and Workers

The Republican National Committee (RNC) and the Trump campaign had set a goal of 100,000 for their election integrity program, but the number of poll watchers and staff has now exceeded 150,000, the RNC announced on Monday. “The Republican National Committee and the Trump campaign have begun building an unprecedented 100,000-strong election integrity program,” the […]

Improper Social Security payments surpass $1B amid 'record-breaking backlog': Report

(NEXSTAR) – The Social Security Administration is grappling with a “record-breaking backlog” that could result in roughly $1.1 billion in improper payments, according to a new report by the Social Security Administration’s (SSA) Office of Inspector General (OIG). The OIG, which works to improve the efficiency and effectiveness of SSA’s programs, investigated both erroneous payments […]

Amazon Prime Day spending expected to surpass $14B, breaking record

Data analytics firm Adobe said on Monday that shoppers could spend a record $14 billion during Amazon’s two-day online sale this week, known as Prime Day. The shopping frenzy, which begins on Tuesday, is expected to be about 10.5 percent higher than last year and will serve as a key barometer of the crucial back-to-school […]

Grown-ups surpass preschoolers as the biggest toy consumers

Jay Glatfelter spends about $4,800 a year on toys: $2,400 for himself and another $2,400 on birthday and Christmas gifts for his two sons, ages 6 and 10. A 39-year-old tech salesperson who moonlights as a toy influencer Geek.Dad.Lifeare part of a burgeoning group of adults spending big bucks to collect action figures, trading cards […]

Trump Campaign, RNC Surpass March’s Record, Raise $76 Million in April

The Trump campaign and the Republican National Committee (RNC) broke fundraising records in March, raising more than $76 million in April, according to the RNC. The RNC made the announcement after its spring financial retreat, confirming that both organizations raised more than $76 million in total in April. That’s more than $10 million more than […]