How did it get so crazy out there? Couldn’t folks have planned just a little better? It’s just money, right? If you think we’re talking about Black Friday, we’re not. We’re talking about the euro. Will it soon die? Plus, did you go shopping today? We look at why retailers are rolling out deals earlier and give you a history lesson on the origins of Black Friday. Also, the truth about why we buy and the argument against being thrity.
More and more mobile devices like iPads are handling our purchases, but the makers of computers and cash registers aren’t ready to give up the industry yet. TV sets are among the most discounted items for Black Friday this year. New York City’s Grand Central Station is about to become home to Apple’s newest store, and we speak to the CEO of Macy’s on this year’s holiday season.
Black Friday is usually a good day for the markets. It’s a short trading day and there’s generally lots of excitement about the start of the holiday shopping season. Today, not so much.
While you recover from your Thanksgiving feast and Black Friday shopping spree, listen to an inspiring story of one unemployed woman who uses marathon running to stay hopeful about her future. Plus, the holiday shopping season has officially started. We learn about “dynamic pricing” and how to score the best deals with this system. And we look at the psychology behind why couples lie to each other about how they spend their money. We’ve also got tips on how to keep the peace in your relationship using the rules of economics.
Black Friday is usually a good day for the markets. It's a short trading day and there's generally lots of excitement about the start of the holiday shopping season. Today, not so much.
It's easy to give up on the job search, especially if you've been at it for months. But one woman finds the will to keep trying through marathon running.
More and more mobile devices like iPads are handling our purchases, but the makers of computers and cash registers aren't ready to give up the industry yet. TV sets are among the most discounted items for Black Friday this year. New York City's Grand Central Station is about to become home to Apple's newest store, and we speak to the CEO of Macy's on this year's holiday season.
The National Retail Federation says 152 million Americans will be hitting the stores this weekend, which seems odd in an economy that's saddled with high unemployment and lots of consumer debt.
For richer or poorer, in sickness and in health… There's nothing in wedding vows that promises eternal honesty about how we spend our money. And couples lie about it all the time.
Syria has missed a deadline it was given by the Arab League to end violent conflict in the country. Now, Syrians will feel the hurt of economic sanctions.
In yet another bad development in the eurozone debt crisis, Italy saw its borrowing costs skyrocket. And now a British regulator has called on U.K. banks to prepare for the possible disintegration of the euro.
Tess Vigeland: We reported yesterday that AT&T and T-Mobile had withdrawn their merger application from the Federal Communications Commission. It seems the deal was giving antitrust regulators a little too much indigestion. The two cell-phone giants insist they’re not giving up on joining forces. But many analysts say that by pulling their application, the telecom […]
The ability to conduct purchases on mobile devices is growing as apps develop, but traditional cash register companies are still making up the majority of the market.
The news from Europe this morning starts with Italy, which had to pay a euro-era record rate to borrow money from the bond market. Meanwhile, Hungary's bonds were downgraded to junk status.
Lizzie O'Leary from Bloomberg News and John Carney with CNBC discuss the super committee's failure, the latest on Europe's debt crisis, and whether consumers are sick about being frugal.
Safe to say the table is not the only place to find turkeys these days. The world economy is full of them — from stock market madness to the lack of jobs, and debt problems in Europe. We explore why markets were unimpressed by a new plan to help the eurozone crisis. And this Thanksgiving holiday, we look at why grocery stores are staying open — and tell you what foods are cheaper to make at home. Plus, Starbucks is brewing up a plan for job creation, and our commentary series “Writers on Work” wraps up.
This Thanksgiving, we talk to a big wig in the cranberry industry, the CEO of Ocean Spray. While the U.S. is on holiday, financial troubles in the eurozone march on. And Google wants to light up your home — with lightbulbs, that is.
A lot of cranberries are being consumed on this holiday. Ocean Spray's CEO Randy Papadellis talks about how the company is coping with higher commodity prices and the state of the global economy.
The hours leading up to Thanksgiving are considered the busiest grocery-shopping time of the year. So, some grocers are hoping to capitalize by staying open.
This Thanksgiving, we talk to a big wig in the cranberry industry, the CEO of Ocean Spray. While the U.S. is on holiday, financial troubles in the eurozone march on. And Google wants to light up your home — with lightbulbs, that is.
Today is Thanksgiving, and to celebrate — and check in on the state of the markets for popular Thanksgiving foods — we went to the CEO of Ocean Spray. Here is the extended version of the conversation.
Cornell economics professor Robert Frank is proposing a national sales tax on all purchases made between 6 p.m. on Thanksgiving Day and 6 a.m. on the following Friday. Would you support it?
European leaders met in France today to try to make headway on the ongoing debt crisis there. German Chancellor Angela Merkel emerged from those meetings unmoved.
Starbucks CEO Howard Schultz discusses how the coffee company is going to tackle the U.S. jobs problem by helping finance microloans to American small businesses.
Leaders of France, Italy and Germany are meeting in Strasbourg, and here's the headline: They want to change E.U. treaties so they can better deal with the debt crisis.
When it comes to the economy, it’s not all bad news — what might Ben Bernanke and Timothy Geithner be thankful for this year? Germany’s struggling to sell its debt. Black Friday sales could be massive this year. Blogger Jon Chonko’s new book takes an intimate look at sandwiches. Some Americans living in rural areas are learning to cope with the loss of the local grocery store. We explore the origins of Occupy Wall Street, and author Jess Walter talks about jobs and work.
If there was any schadenfreude among Germans about the financial plight of their profligate southern neighbors, today’s bond market embarrassment might be Germany’s wake-up call.
China has just surpassed the United States as the biggest smartphone market in the world. Smartphones here at home are helping consumers to find the best deal this holiday season. Holiday travel could be hindered by fewer flight delays and cancellations, thanks to new government penalties.
If there was any schadenfreude among Germans about the financial plight of their profligate southern neighbors, today's bond market embarrassment might be Germany's wake-up call.
China has just surpassed the United States as the biggest smartphone market in the world. Smartphones here at home are helping consumers to find the best deal this holiday season. Holiday travel could be hindered by fewer flight delays and cancellations, thanks to new government penalties.
The European Union has the same currency, but not the same borrowing process, between the 17 members. Some would like to change that, but Germany is against it.
The incidents of passengers getting stranded in a plane on the tarmac are actually down, thanks to steep new penalties enforced by the government. Airlines get the fines, but they may not be the only ones at fault.
The country that's considered the strongest in the eurozone had a hard time convincing investors to lay down cash for its debt today, which means the troubles going on in Europe could be entering a new phase.
My husband switched 7 years ago to a job for which he does not contribute to Social Security. … Does the age at which he retires affect the amount of Social Security he will receive? He no longer contributes to it and cannot build it up any longer. Thank you! DeDe, Cincinnati, OH
Even after stress tests on European banks were deemed unsuccessful, a new process will now seek to determine how U.S. banks will react in the case of a European financial crisis.
As more and more consumers use smartphones and apps to find the best deals, brick and mortar retailers are ramping up customer service and expertise to gain an edge.
Walter: Writers on Work
This week, we've been hearing from authors about the topic that is sure to come up over many Thanksgiving dinners: the economy.
Here's novelist Jess Walter.
Muted interest in German 10-year bonds at an auction today raised feared that investors are getting jittery even over the eurozone's strongest economy.
The Federal Reserve will test the six biggest banks in the U.S. to see if they could withstand a fallen European economy, and high unemployment here at home.
Kim Carter used to be an addict and convict, but now she's created a foundation to help women get back on their feet. She took advantage of the housing bubble and avoided predatory lending, and thus has been able to provide housing for those in need.
This year has had an unusual number of Republican presidential debates on television. Does this help candidates without much money hold on longer than they should?
A new report out by the company Unilever says that while showers use less water than baths, the costs of heating affect both your monthly bills, and the wider environment.
We speak to the President of Panama Ricardo Martinelli about how the debt crises in the U.S. and Europe are affecting his country, and how Panama is continuing to grow. Reporter Mitchell Hartman shows us one place that was shaken to its core by the housing crisis. And what does the OWN network need to do to succeed?
GDP in the U.S. is lower than originally projected, but it might not be a bad thing. Barbara Ehrenreich talks about work in the second of our weeklong series on writers and the economy. Mitchell Hartman continues his series on the housing boom and bust in California’s Inland Empire. North Dakota has a housing problem, too — not enough residences. L.A. city officials are trying to barter with Occupy protesters to get them off of the City Hall lawn. And we hear about the latest uprisings in Egypt.
The revised third quarter GDP figures show 2 percent growth, down from the previously estimated 2.5 percent gain. Few economists were expecting that much of a revision and it sure looks like a disappointment — until you start picking through the numbers.
According to preliminary polls, the average American may not be as worried about the failure of the super committee to reach a deal as some would think.
