The typical cycle of taking on debt during Q4 and paying it quickly after the New Year may be more difficult this season as inflation, high rent, and high interest rates challenge consumer wallets.
A new generation of toys powered by artificial intelligence is hitting the marketplace this year, from robots that can hold an entire conversation with your kid or a box that turns verbal descriptions into artwork.
Economists at EY-Parthenon forecast a modest 2.5% increase in holiday spending, but it’s due in part by gifts being more expensive this year. So what are budget-minded shoppers to do?