It depends on how much consumers are willing to spend, and how much retailers are willing to discount. Some years the discounting is deeper, and this is expected to be one of those years.
Income growth is continuing to propel the U.S. economy. But whether consumers keep spending into next year could depend on where they are on the income scale.
From the BBC World Service: Canada’s competition watchdog files a lawsuit against Google, accusing it of unfairly dominating the online advertising market. Plus, Australia passes a social media ban for kids under 16.
Some working to put roofs over homeless people’s heads worry that insurance costs could put them out of business. Plus, BNPL and the wage vs. inflation horse race.
The rise in premiums has less to do with the threat of extreme weather and more to do with the very nature of the business: providing housing for people exiting homelessness.
The National Retail Federation expects over 183 million people to shop between Black Friday and Cyber Monday. Plus, are U.S. Treasurys still “risk-free” investments?
While we gorge on turkey today, the U.S. government continues to rack up debt. The national debt is just over $36 trillion. Most would agree there’s something to cut in all of that. The question is how?
From the BBC World Service: Uniqlo CEO Tadashi Yanai wants to become the world’s biggest clothing retailer. Also: Malaysia is now a hub for plastic recycling, but how safe and sustainable is this trade?
Pre-Thanksgiving Black Friday sales aren’t just about getting more of our money early. It’s about getting us to imagine all the things we want to buy as prices continue to drop.
From the end of November, large planes will be able to land at Nuuk for the first time, thanks to a new, longer runway and a sleek new terminal building.
One study found 46% of electric vehicle owners in the U.S. were likely to switch back to combustion engines for their next car. Also: why farmers are working extra jobs.
From the BBC World Service: The Arctic island of Greenland is hoping its new international airport will attract more visitors, and boost its fishing industry.
Despite buffering and lag issues, Netflix’s live broadcast of the Mike Tyson-Jake Paul boxing match drew multitudes of viewers. Bloomberg’s Lucas Shaw explains how Netflix’s pivot will pay off for it down the road.
New home sales were down nearly 10% year over year in October. Plus, real-time shopping data and what Trump’s tariff plans could do to trade agreements.
Trump says he’d impose 25% tariffs on goods from Mexico and Canada until they do more to stop fentanyl and migrants from crossing the border illegally.
According to the American Institute of CPAs, the number of accounting graduates fell each year from 2016 to 2022 — and that’s led some to rethink the requirements for becoming a CPA.
President-elect Trump plans to impose tariffs on goods from China, Mexico and Canada. Plus, how digital currencies are weaving their way into politics.
From the BBC World Service: As President-elect Trump details his tariff plans for Mexico, Canada and China, Beijing warns against escalating trade tensions.
If Thanksgiving conversation turns to a false claim, take a breath and try to address the root of the belief, said University of Oregon’s Whitney Phillips.
Publishers may have been too quick to end their print editions, says Amanda Mull at Bloomberg. “There’s demand for it among readers; there’s demand among advertisers.”
President-elect Trump has announced Scott Bessent as his choice to lead the Treasury Department. We look more into Bessent’s background and the role he would play as treasury secretary.
If confirmed, the billionaire hedge fund manager will have authority in areas ranging from the IRS to economic sanctions. Also on the show, World of Warcraft turns 20.
It’s been 20 years since Blizzard Entertainment launched the massively popular online role-playing game. Since then, it has left its mark on the industry and an entire generation of gamers.
From the BBC World Service: The company owned by Indian billionaire Gautam Adani says they’re in good shape to handle their debts. And the British government is planning major changes to workers’ rights.
Marketplace’s Meghan McCarty Carino talks to Edelman’s Jack Stewart — a former Marketplace colleague — about why she’s trading in her electric vehicle for a gas-powered car after five years behind the wheel of a Volkswagen e-Golf.