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☆ Student protesters facing disciplinary action may also deal with financial setbacks
▼ + stars: | 2024-05-07 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

NYPD officers in riot gear enter Columbia University's encampment as they evict a building that had been barricaded by pro-Palestinian student protesters in Los Angeles, United States on April 30, 2024. Shay Horse | Nurphoto | Getty ImagesStudents can lose housing and morePro-Palestine protesters locked arms after several demonstrators knocked fences down and opened the Massachusetts Institute of Technology (MIT) encampment back to student protesters during the demonstration. Rallies and protest camps persist at the Massachusetts Institute of Technology (MIT) campus as student demonstrators demand divestment from Israeli military ties. Federal loan bills could come earlierSuspended or expelled students may also get their federal student loan bills sooner than they expected, Kantrowitz said. If a suspension ends and a student returns to college before the six months, their grace period should reset, Kantrowitz said.

Persons: Shay Horse, Sally Kornbluth, Vincent Ricci, Martin Stolar, Kantrowitz, Ellen Granberg Organizations: Palestinian, Getty, Palestine, Massachusetts Institute of Technology, MIT, CNBC, George Washington University, American Civil Liberties Union of Indiana, Indiana University, U.S . Department of Education Locations: Los Angeles, United States, Kresge, New York, Gaza

☆ Earnings Exchange: Apple, Hershey & Cloudflare
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings Exchange: Apple, Hershey & CloudflareDanielle Shay, vice president of options at Simpler Trading, joins CNBC's exchange to share her trades on Apple, Hershey, and Cloudflare.

Persons: Danielle Shay Organizations: Apple, Hershey

☆ Peter Schey, Tenacious Lawyer Who Defended Migrant Rights, Dies at 77
▼ + stars: | 2024-04-25 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

Peter Schey, a driven defender of the human rights of migrants crossing the Southern border, who won landmark legal cases requiring humane care for undocumented children and the right of migrants to attend school and receive health care in states that tried to bar those services, died in Los Angeles on April 2. His death, in a hospital, was caused by complications of lymphoma, said Melinda Bird, a former wife. He took on both Democratic and Republican administrations in Washington. He was a leader of the legal team that negotiated the seminal Flores Settlement Agreement, a 1997 government measure safeguarding detained, unaccompanied migrant children. He fought the Trump administration when it tried to tear up the deal 21 years later.

Persons: Peter Schey, Melinda Bird, Schey, shay, Trump Organizations: Democratic, Republican Locations: Los Angeles, South Africa, Washington

☆ China's Nio to expand battery swap services to gain an edge on EV infrastructure
▼ + stars: | 2024-04-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023. Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem. Nio also announced agreements earlier this year to work with two local battery companies on battery swap services. While having a large network of battery charging stations helps address those concerns, battery swapping is a faster method as it takes only a few minutes. CLSA's Luo said businesses also prefer to invest in normal charging stations than swap stations because they make a higher return.

Persons: Nio, —, JAC —, Ding Luo, Shen Fei, Shen, it's, Le, William Li, Shay Natarajan, Luo, Ford Organizations: Bloomberg, Getty, Chery, CNBC, Battery, Nissan, Sino Auto, Mobility Impact Partners, General Motors Locations: Haikou, Hainan province, China, BEIJING, U.S, San Francisco, Kyoto, Japan, Madrid, Spain, Europe, North America

☆ A boomer who moved from California to Florida started a Facebook group to help friends make similar moves. 300,000 members later, guiding Californians to new states is his full-time job.
▼ + stars: | 2024-03-31 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

A few years ago, Terry Gilliam, 64, packed his bags, sold his East Bay, California home, and moved to Florida. After founding two Facebook groups for California movers, he realized thousands more were in the same boat. His groups, Leaving California and Life After California, have nearly 300,000 members between them. Gilliam moved to Winter Park, a city of 29,000 outside Orlando, to help care for his parents. Van Edom, the Knoxville realtor, said Knoxville is a newly popular destination for California movers.

Persons: Terry Gilliam, Gilliam, It's, they're, I've, Terry Gilliam Terry Gilliam, Haley Van Edom, California Gilliam, I'm, he's, He's, Craig Blessing, Van Edom, Shay Felknor, Berkshire Hathaway, Dan Joyner, there's, Felknor, Ethan Lanagan, Lanagan Organizations: Service, Business, Golden State, realtors, Golden, Edom Home Group, Disney, California Facebook, Universal, Estate Services, Berkshire Hathaway C, Dan Joyner Realtors, Sacramento — Locations: Bay , California, Florida, California, . Texas , Arizona, Golden State, Knoxville , Tennessee, Connecticut, Texas, Tennessee, Arkansas, Orlando, shutdowns, Texas , Florida, Georgia, South Carolina, Southern California, Central Florida, Van, Knoxville, Berkshire, Greenville , South Carolina, San Diego, Sacramento, Atlanta, North Carolina , Tennessee, Nashville , Tennessee, Franklin , Tennessee, Orange County, Franklin

☆ Simpler Trading's Danielle Shay talks how to trade crypto and bitcoin ETFs
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpler Trading's Danielle Shay talks how to trade crypto and bitcoin ETFsDanielle Shay, Simper Trading’s vice president of options, joins 'The Exchange' to discuss how to trade bitcoin, the ProShares Bitcoin Strategy ETF, Coinbase, and Riot Platforms.

Persons: Danielle Shay, Simper

How to watch The Voice in the USAThe Voice airs Mondays at 8 p.m. Sling TV Subscription Sling is one of the most affordable live TV streaming services around. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN+. If you want to watch the episodes live, you'll need to create a free account with your email and phone number. How to watch The Voice free from anywhereIf you're not in Canada right now, a VPN (virtual private network) will be the best option for accessing the free episodes.

Persons: NBC's, we've, Reba McEntire, John Legend, Chance, Dan, Shay, Niall Horan, Gwen Stefani, Peacock, they're, Hulu's, ExpressVPN Organizations: Business, NBC, Bravo, Hulu, Disney Plus, ESPN, CTV, The Locations: USA, Canada

☆ Simpler Trading's Danielle Shay's bearish outlook for Rivian and Lucid
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpler Trading's Danielle Shay's bearish outlook for Rivian and LucidDanielle Shay, Simpler Trading vice president of options, joins 'The Exchange' to discuss how to trade Rivian, Lucid and Synopsys.

Persons: Danielle Shay's, Danielle Shay

☆ Mo'Nique says Oprah Winfrey stole movie roles from her and demands a public apology amid their 15-year feud
▼ + stars: | 2024-02-08 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read previewComedian Mo'Nique rekindled her yearslong feud with Oprah Winfrey, accusing her of stealing movie roles and blindsiding the "Precious" actor by interviewing her estranged parents on her show. Oprah Winfrey." AdvertisementMo'Nique said Oprah Winfrey didn't ask her before interviewing her estranged parents on her showMo'Nique also addressed the drama regarding her family's appearance on "The Oprah Winfrey Show" in 2010. In 2023, Mo'Nique told The Hollywood Reporter that Winfrey told her that her brother would be on the show, not her estranged parents also, and avoided Mo'Nique's calls after the interview aired. "I shared with Oprah Winfrey what we were going through and how I felt," she added.

Persons: —, Mo'Nique, Oprah Winfrey, Winfrey, Tyler Perry, Lee Daniels, Perry, Daniels, Oscar, Shay Shay, Shannon Sharpe, Monique, The Butler, Oprah, Butler, Richard Pryor, You've, you've, I'm, Mo'Nique's, Films Mo'Nique, Barbara Walters, Walters Organizations: Service, Business, Hollywood, Films Locations: Hollywood

☆ The Florida city with cheaper homes and fun perks luring residents from Miami and New York
▼ + stars: | 2024-02-06 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

About 730,000 people moved to Florida between July 2021 and July 2022, according to the latest census data available. The typical mover to Florida is not a baby boomer, but a millennial or a Gen Xer from New York and California, according to Business Insider's Noah Sheidlower. "When it comes to people who can't get a starter home in South Florida, they're coming to Orlando," Smith said. "But if you move to Orlando, Florida, with $750,000 or $800,000, you're like, 'I get a yard? AdvertisementMore than 140,000 of the nearly 739,000 people who moved to Florida between 2021 and 2022 came from California and New York , according to Census data.

Persons: —, Noah Sheidlower, Freddie Smith, Shay Walker, Smith, Redfin, Orlando, jodi jacobson, Jenna Clark, Mark Kaley, Joe Raedle Organizations: Service, Business, Orlando, Walt Disney, University of Florida's, Economic, Business Research, Insurance, Disney, Census Bureau, Department of Housing, Urban Locations: Florida, New York, California, Cities, South Florida, Miami, Fort Lauderdale, Orlando, Los Angeles, Orange County, New York City, Central Florida, Orlando , Florida

☆ Simpler Trading's Danielle Shay on oil stocks, Etsy, Wendy's and Disney
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpler Trading's Danielle Shay on oil stocks, Etsy, Wendy's and DisneyDanielle Shay, vice president of options at Simpler Trading, joins 'The Exchange' to discuss how to trade BP, ExxonMobil, Etsy, Wendy's and Disney.

Persons: Danielle Shay Organizations: ExxonMobil, Etsy, Disney

☆ Simpler Trading's Danielle Shay on IBM, McCormick and airline stocks
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSimpler Trading's Danielle Shay on IBM, McCormick and airline stocksDanielle Shay, vice president of options at Simpler Trading, joins 'The Exchange' to discuss predictions for IBM, McCormick, and airlines stocks.

Persons: Danielle Shay, McCormick Organizations: IBM, McCormick

☆ How the three-year cruise fell apart
▼ + stars: | 2024-01-20 | by ( Julia Buckley | ) edition.cnn.com time to read: +22 min

CNN —In April 2023, George Fox was gearing up for the adventure of a lifetime: a three-year cruise taking him around the world. The high hopes and eventual failure of the Life at Sea cruise reads a bit like a Greek tragedy. When Miray objected, he resigned, along with much of his team, and told passengers the cruise was off. When the cruise was canceled in November, Bayramoğlu told passengers that only 111 cabins were booked. On October 24, Miray’s PR spokesperson told CNN that the departure date had been moved to November 30.

Persons: CNN —, George Fox, “, ”, ‘, Miray, who’d, Meredith Shay, Shay, she’d, Jenny Phenix, I’d, Mikael Petterson, Petterson, “ I’ve, Ethem, Miray’s, “ Vedat, ’ ”, Vedat, Cruises, hadn’t, Kendra Holmes –, –, Petterson –, they’d, Bayramoğlu, Sharon Lane, she’s, ” Shay, ” Holmes, Marit Hommedal, NTB Scanpix, Noel Hansen, Kendra Holmes, Hansen, ’ ” Hansen, ’ Rebecca Varner, Lorna Bolduc, Rebecca Varner, Holmes, Bonnie Kelter, Kelter, Varner, Ugurlu, Phenix, “ I’m, couldn’t, ’ George Fox, he'd, Bolduc, Miray’s Bayramoğlu, ” Miray, who’s, ” Hansen Organizations: CNN, Fox, Miray Cruises, Cruises, Passengers, Gemini, Carnival, Facebook, Life, Getty, US Foreign Service, ‘, Miray’s, ”, Miray Locations: Istanbul, ’, Turkey, Florida, Germany, Bayramoğlu, Petterson, AFP, Clermont , Florida, Costa Rica, New Jersey, Maine, that’s, Miami, Europe, Ecuador, Southern Florida

Political Cartoons View All 253 ImagesStill, country music has broken new ground. He says country music is now in a position where people who “maybe never gave us a chance” are listening to country music with an open-mindedness. Smyers has his own theories to why country music is experiencing this explosive period. “And I feel like country music kind of does the authenticity thing better than any other genre.”Up-and-comer Megan Moroney agrees. “I just kind of stay in my lane and do the best I can with supporting country music,” she told AP.

Persons: Morgan Wallen, Zach Bryan, Luke Combs, Roll, Harvey Mason, ”, Kacey Musgraves, Jason Aldean’s “, Wallen’s “, Combs, Tracy Chapman’s, Oliver Anthony’s, “, Richmond ”, Wilson’s Deana Carter, Bailey, Wilson, Gabby Barrett, Carly Pearce, Ingrid Andress, Dan Smyers, Dan, Shay, Justin Bieber, I’ve, Smyers, Dustin Lynch, Darius Rucker, “ I've, Megan Moroney, there's, Reba McEntire, Blake Shelton, John Legend, Chance, Garth Brooks, Brooks, fiddles, ” Brooks, it’s Organizations: ANGELES, Recording Academy, Associated Press, North, Richmond, “, AP, United, CBS, Paramount, Crypto.com Locations: —, U.S, Luminate, United States, Philippines, Indonesia, India, Brazil, Mexico, Germany, Vietnam, Europe, America, Nashville, Los Angeles

☆ Kevin Hart mocks Katt Williams on 'NBA Unplugged' as the pair reignite their feud following Williams' explosive appearance on Shannon Sharpe's podcast
▼ + stars: | 2024-01-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Kevin Hart doubled down on his criticism of Katt Williams on ESPN's 'NBA Unplugged." On Wednesday, Williams blasted Hart during an appearance on the "Club Shay Shay" podcast. AdvertisementKevin Hart isn't backing down after Katt Williams suggested he was an industry plant and slammed his comedy career during an explosive podcast interview. Kevin Hart on NBA Unplugged"I don't know if you know this but Katt Williams bought the Knicks. AdvertisementAlthough the two traded barbs in the past, their most recent disagreement stems from Williams' appearance on Shannon Sharpe's podcast, where he critiqued several comedians and shared claims about his entertainment career.

Persons: Kevin Hart, Katt Williams, ESPN's, Williams, Hart, Shay Shay, Williams dissed Tiffany Haddish, —, Kevin Hart isn't, Hart clapped, Kendrick Perkins, Katt, Shannon, we've, …, It's, It’s, vM8PhVoC08 — Kevin Hart, Hart's, Tiffany Haddish, Frank, Wanda, Haddish hadn't, Ludacris, Sharpe, Mike Organizations: Service, Williams, New York Knicks, Philadelphia 76ers, Knicks, NBA, Delaware University, Twitter, Netflix, Haddish, Cube Locations: Hollywood, LA

☆ Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says
▼ + stars: | 2024-01-05 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

There's finally a glimmer of hope for the housing market, according to Redfin. AdvertisementThere are signs the frozen housing market is starting to thaw after a year where higher mortgage rates drove potential buyers away, according to Redfin. Still, the flare-up fueled a slowdown in housing market activity, with potential buyers disenchanted by higher rates and would-be sellers opting to stay put to take advantage of being locked in at a lower mortgage rate. Mortgage rates still look high compared to historic levels despite the recent pick-up in demand, according to real-estate agents. "There have been more tours and more offers on my listings since mortgage rates started declining," said Shay Stein, who works for Redfin in Las Vegas.

Persons: There's, —, Freddie Mac, Redfin, Shay Stein Organizations: Service, Federal Reserve, Redfin Locations: Las Vegas

☆ Kevin Hart calls Katt Williams 'sad' after the comedian slammed him and other famous comics in a new interview
▼ + stars: | 2024-01-04 | by ( Jason Guerrasio | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read previewKatt Williams has gone viral for his appearance on Shannon Sharpe's YouTube show "Club Shay Shay" in which the comic unleashed a bevy of disparaging comments on several stars, including fellow comedian Kevin Hart. "My frustration with Katt Williams comes from you keep pointing at Hollywood, Hollywood this, the white man, this, this and this, when do you take responsibility for your actions?" Following Williams' appearance on "Club Shay Shay," Hart took to X (formerly Twitter) to react to Williams while also promoting his upcoming movie on Netflix, "Lift." Please enjoy MY MOVIE TRAILER to my next film “LIFT” which will be dropping on @netflix in 8 days!!!!! Please enjoy MY MOVIE TRAILER to my next film "LIFT" which will be dropping on @netflix in 8 days!!!!

Persons: —, Katt Williams, Shannon, Shay Shay, Kevin Hart, Williams, Sharpe, Steve Harvey, Cedric, Hart, Johnny Louis, I'm, Tiffany Haddish, hadn't, didn’t, ake, romo, ove Y ou” …, ove Y ou' … Organizations: Service, YouTube, Business Locations: Hollywood

☆ Three reasons a strong Black Friday weekend may not mean a blowout holiday season for retailers
▼ + stars: | 2023-12-03 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

And Ulta Beauty and Foot Locker 's shares rose this week, after the companies reported better-than-expected earnings and a strong start to holiday spending on sneakers, makeup and more. Adobe predicts that full holiday season online spending from Nov. 1 to Dec. 31 will hit $221.8 billion, which would be a nearly 5% year-over-year jump. If the estimate ends up being correct, that means shoppers still have a little more than half of their online holiday spending to go. The NRF said this week that its survey found about half of consumers' online and in-store holiday shopping remains. "People are just about tapped out, but [with] the holiday season, people are willing to even further extend themselves," he said.

Persons: Emily Elconin, That's, Dave Kimbell, Ulta, Matt Shay, Anastasiia, It's, Vivek Pandya, Pandya, Kena Betancur, Scott Wren, Wells, Shannon Stapleton Organizations: Getty, Adobe Analytics, National Retail Federation, Consumers, Walmart, Target, Adobe Digital, Adobe, Macy's, U.S . Federal, Shoppers, Reuters Locations: Oaks, Novi , Michigan, New York , New York, Wells Fargo, Macy's, Roosevelt, Garden City , New York, U.S

☆ Is the Holiday Shopping Season Going to Be a Success? The Answer Is Murky.
▼ + stars: | 2023-12-01 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +2 min

kept its forecast that holiday sales — from Nov. 1 to Dec. 31 — would grow 3 to 4 percent this year. Mastercard, for example, said sales both in stores and online rose 2.5 percent on Nov. 24, from a year earlier. Like Mastercard’s estimate, the retail consultancy forecast that — adjusted for inflation — sales slipped slightly, Mr. Johnson said. If stores have too much inventory on hand, they may have to cut prices more than expected, which would erode their profits. “Really for the first time in four quarters, we are seeing retailers get inventories better aligned with sales,” Mr. Yruma said.

Persons: ” Matthew Shay, ”, Craig Johnson, Johnson, Edward Yruma, Piper Sandler, Mr, Yruma, “ Organizations: National Retail Federation, Mastercard, Growth Partners, Target

☆ Fact Check: Palestinian official flag in 1939 did not show Star of David
▼ + stars: | 2023-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

The image of the flag, which is half white and half blue with the Star of David in its centre, is spreading on Facebook (archived) with claims that it shows the official 1939 Palestinian flag. “The 1939 flag of Palestine shows that it was recognized as a Jewish entity even then,” one Facebook account wrote (archived). According to academics who spoke to Reuters, the flag seen in circulating images is not an official flag of historical Palestine. An example of a mandate-era official flag from 1946 can be seen on the British Imperial War Museums website. The official flag of mandate Palestine in 1939, during which Palestine was administered by Britain as a League of Nations Mandate, was a Union Jack.

Persons: David, Shay Hazkani, Joseph, Rebecca Meyerhoff, Jack, ”, Salim Tamari, Tamari, Sharif Hussein, Derek Penslar, William Lee Frost, “, Union Jack, Penlsar, Tamir Sorek, Read Organizations: Zionist, Palestinian, Jewish, Star, Larousse, Reuters, Center for Jewish Studies, University of Maryland, League of Nations, Institute of Palestine Studies, Birzeit University, British, Harvard University, Union, Penn State University, Society, International Affairs, Britain, League of Nations Mandate, Thomson Locations: Palestine, Larousse French, Israel, Ottoman Empire, Union

☆ US Thanksgiving weekend sales hit record on big discounts, online boost
▼ + stars: | 2023-11-28 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +3 min

More than 200 million shoppers tapped into promotions both in-store and online during the Thanksgiving weekend, the National Retail Federation (NRF) said on Tuesday. That was a jump from the 196 million shoppers seen last year and trumped the trade association's estimates of 182 million. Online shoppers rose 3.1% to 134.2 million, making up for a slight dip in the number of customers who visited brick-and-mortar stores. The weekend saw about 121.4 million in-store shoppers, down from 122.7 million in 2022, according to the retail body. Adobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.

Persons: Kamil Krzaczynski, Matthew Shay, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, National Retail Federation, Shoppers, Adobe Digital, Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru

☆ Thanksgiving holiday weekend breaks shopping records
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThanksgiving holiday weekend breaks shopping recordsMatt Shay, National Retail Federation CEO, joins 'Squawk on the Street' to discuss how the holiday consumer is holding up, the difference in shopper traffic between Friday and Saturday, and more.

Persons: Matt Shay Organizations: National Retail Federation

☆ Black Friday weekend shopping turnout soars to a record, as consumers seek bargains
▼ + stars: | 2023-11-28 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +1 min

Shoppers browse for dresses during the Black Friday sale at the Vivo Activewear women's clothing store in downtown Nairobi, Kenya November 24, 2023. The turnout marks an all-time high since the major trade group and Prosper Insights & Analytics began tracking total in-store and online traffic in 2017. It topped last year's figure of 196.7 million shoppers and the NRF's forecast for about 182 million people during the five-day weekend. The number of people shopping online rose to 134.2 million this year, up from 130.2 million a year ago, the NRF survey found. Consumers who shopped at stores fell slightly, from 122.7 million people in 2022 to 121.4 million people this year.

Persons: Matt Shay Organizations: Shoppers, National Retail Federation, Prosper, Analytics, Consumers Locations: Nairobi, Kenya

☆ Thanksgiving weekend dealhunters came broke records but their spending didn’t
▼ + stars: | 2023-11-28 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —More people than ever flocked to stores and websites over the Thanksgiving and Black Friday holiday weekend this year, but consumers didn’t quite break the spending record set in recent years. The group said consumers spent $321.41 on average (unadjusted for inflation) on these types of items compared to $325.44 over the same time last year. The Thanksgiving holiday weekend typically marks the start of the year-end gift-buying rush. The NRF’s own projection calls for a slowdown in holiday sales growth this year. And for Cyber Monday, the numbers were even stronger — consumers spent $12.4 billion, a 9.6% increase from 2022.

Persons: New York CNN —, trumping, NRF, It’s, ”, Matt Shay Organizations: New, New York CNN, National Retail Federation, Industry, ”, Adobe Analytics Locations: New York

☆ Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
▼ + stars: | 2023-11-13 | by ( Steve Liesman | ) www.cnbc.com time to read: +1 min

watch nowThe consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling by 0.08%, and core retail, which also removes restaurants, declining by 0.03%, according to the new CNBC/NRF Retail Monitor. The new Retail Monitor, debuting Monday, is a joint product of CNBC and the National Retail Federation based on data from Affinity Solutions, a leading consumer purchase insights company. The data differs from the Census Bureau's retail sales report as it is the result of actual consumer purchases, while the Census relies on survey data. The government data is frequently revised as additional survey data becomes available. The CNBC/NRF Retail Monitor is not revised as it's calculated from actual transactions during the month.

Persons: Matthew Shay, Dan Colarusso Organizations: CNBC, NRF, Retail Monitor, National Retail Federation, Affinity Solutions, Affinity, Business

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