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Trade group says shopper turnout hits record on Black Friday weekend

A customer searches for shoe products at a Macy's store during the Black Friday sale on November 25, 2022 in Jersey City, New Jersey.Kenna Bettencourt | Getty ImagesA record number of holiday shoppers -- 196.7 million -- were back in stores and hunting...

These 4 Tips Can Help You Stay Out of Debt This Holiday Season

Consumers shopped a record $9.12 billion online during Black Friday and a record $11.3 billion on Cyber ​​Monday. latest data from adobe, So far this November, consumers have spent a total of $107.7 billion online, up nearly 10% from last year.Yet almost 60%...

Asset manager names 9 ‘cheap’ stocks to buy as recession fears rise

Steven Glass, managing director at Pella Funds Management, says the recession is underway, inflation is likely to persist and it is "important" for investors to look at valuations now. “There are a lot of bearish signs. I mean, this reversal is huge. I...

Here’s what Black Friday sales tell us about retail — and our top picks

The holiday shopping season got off to a solid start over the weekend, as online Black Friday sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe's online sales tracker, consumers made a record $9.12 billion...

Kellogg, General Mills, cereal sales slow after pandemic surge

Kellogg, the 117-year-old brand that began as a breakfast cereal company that has since become one of the largest food companies in the world, has seen cereal sales decline over the past few decades.The once category leader is now facing a series of setbacks,...

Morgan Stanley downgrades Williams-Sonoma, says stock could drop another 18% as demand for home goods weakens

Williams-Sonoma stock is expected to decline further as home furnishing demand weakens in a tough macro environment, according to Morgan Stanley. Analyst Simeon Gutman said in a note to clients on Monday that the stock has been downgraded to underweight from equal weight....