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SKIP AHEAD Best Black Friday Apple sales to shop nowApple's current Black Friday deal offers a gift card with each purchase of an eligible product. For instance, when you buy certain iPhone models or Apple Watch SE, you'll get a $50 Apple gift card; AirPods come with a $75 Apple gift card, and MacBooks qualify for a $250 Apple gift card. With that in mind, we’ve rounded up some of the best Apple Black Friday deals to shop. Best Black Friday Apple deals to shop nowBelow, we're sharing the best Apple Black Friday deals based on our previous coverage and reporting. Best Black Friday 2022 Apple salesHere are the best Black Friday Apple sales we think you’ll want to know about.
After weeks of passing up early Black Friday deals from Walmart, Target and Amazon, Uribe is on the hunt for a Nintendo Switch and video games for her daughter, Tupperware for her kitchen and a vacuum cleaner. Checking off items from the holiday list is "just cheaper" on Black Friday, plus, "it's our favorite day of the year, so we just wait," Uribe said. Uribe joins millions of shoppers who waited for what they hope might be the deepest discounts of the holiday season on Black Friday, despite an industry-wide push by retailers to get shoppers to buy holiday items starting in October. The waiting game by shoppers has forced retailers to offer steep discounts on items, which may pinch profit margins in the fourth quarter. Americans, especially from low-income households, are expected to pull back on their holiday shopping this year as inflation and higher energy prices pinch their spending power.
Market betting has been swinging between a 50- and a 75- basis-point increase when policymakers meet on Dec. 15. "It's extremely exciting but predicting the ECB for a market participant has become impossible," Carsten Brzeski, global head of macro at ING, said. That saves it from more painful changes of tack after ECB President Christine Lagarde went from all but ruling-out rate hikes this year to presiding over the steepest tightening cycle in the euro's history. But Lane said in a blog post on Friday it may "overstate" how persistent inflation may be. "Inflation is being driven by factors they can't control," he added, citing energy prices, geopolitical tensions and supply-chain disruptions as some of them.
Phyllis Kramer is a Butterball Turkey Talk-Line expert based in Aurora, Illinois. All the talk-line experts took calls remotely from homeTraditionally, we take calls side by side in one big room housed inside a building located in Naperville, Illinois. Our average call lasts 3 minutes, and the most common question is how to thaw a frozen turkeyA herb- and citrus butter-roasted Butterball turkey. I've also heard from people mixing it up and making Greek turkey, Cajun turkey, and even a Southwestern one. I always thaw turkey in the refrigerator, so that's where it is right now.
Catalonia limits water use as Spain prays for rain
  + stars: | 2022-11-22 | by ( Associated Press | ) www.nbcnews.com   time to read: +2 min
BARCELONA, Spain — Barcelona and large swathes of Spain’s northeast are going under water restrictions as a months-long drought that has devastated crops starts to put the pinch on human activities in the Mediterranean country. City dwellers won’t be permitted to use drinking water to wash the exterior of houses or cars or to fill swimming pools. Over 500 town halls, including Barcelona, must stop filling public fountains or cleaning streets with drinking water. While reservoirs in Spain’s south near Seville are now the driest, Catalonia’s water reservoirs are down to 34% of capacity, according to Spain’s ministry for the ecological transition. In 2008, a prolonged drought forced Spanish authorities to bring in water to Barcelona via boat to guarantee domestic use.
Best Buy, Dick’s Ease Fears About Holiday Spending
  + stars: | 2022-11-22 | by ( Dean Seal | ) www.wsj.com   time to read: 1 min
Best Buy Co. and Dick’s Sporting Goods Inc. reported mixed quarterly results but said sales wouldn’t fall as much as previously expected, signs that consumers are feeling the pinch of high inflation but still buying some electronics and sporting goods. Best Buy said profits fell and comparable sales dropped 10.4% in its third quarter, but the results weren’t as bad as investors had feared. The company slightly raised its sales target for the fiscal year that ends in January, saying comparable sales would decline 10% instead of 11%.
The interest rate on her operating note doubled this year and will be higher in 2023. Now, his interest rate is 7.35%, and he expects it could reach 8% by year’s end – a 142% increase in eight months. "It's easier to get financing when interest rates are cheap because [banks] are willing to take more risk," said a CNH Industrial dealer representative, who declined to be named. In separate statements, Deere and AGCO said interest rates they offer depend on loan terms, borrower creditworthiness and equipment type. CNH Industrial said interest rates for larger equipment are lower than rates for smaller machinery.
15 Best Dress Shoes for Men, According to Style Experts
  + stars: | 2022-11-22 | by ( ) www.wsj.com   time to read: +8 min
The laces and classic body shape are characteristic of traditional men’s dress shoes, while the rugged rubber soles still make a statement with any formal outfit. “Good leather shoes are not an arena in which it pays to cut costs,” he says, recommending investing in “the pair of a decade” from this made-in-England favorite. (Crockett & Jones has regal and Hollywood credentials: the brand received a Royal Warrant of Appointment in 2017, and this is the style of dress shoes worn by Daniel Craig’s James Bond). Sleek sneakersEcco Soft 7 City Sneaker $170 at NordstromThe key to dressed-up sneakers is finding a leather pair free of busy accents or logos. The style is “acceptable to wear with dress clothes,” confirms Los Angeles-based personal stylist Rayne Parvis, who advises people to wear these sneakers in place of brown lace-up dress shoes.
LONDON, Nov 21 (Reuters) - German house prices will fall 3.5% next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright crash are low, according to a Reuters poll of property market experts. Average house prices in Germany will fall 3.5% in 2023 the Nov. 8-18 poll of 12 market watchers predicted, a sharp turnaround from the 0.5% increase predicted in an August poll. In 2024 they will fall 0.5% but then rise 1.0% in 2025. Still, the median response when asked how much prices would fall from peak to trough was 10.0%, with the steepest drop given as 17.5%. (For other stories from the Reuters quarterly housing market polls:)Reporting by Jonathan Cable; Polling by Sujith Pai and Aditi Verma; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Households, retailers and charities nationwide, feeling the pinch of inflation, are bracing for a humbug holiday season. U.S. consumers and businesses have trimmed spending plans for gifts, charitable contributions and holiday events, data show. The penny-pinching threatens to spoil the year-end for many, especially firms and nonprofits that tally their largest share of sales and donations in November and December.
He and his friends had got a rare day off from Hamad Port to walk 6 kilometers (3.7 miles) to the fan zone before being turned away. “There’s nothing we can do.”Qatar’s Supreme Committee for Delivery and Legacy, which oversees the World Cup, said in a statement to The Associated Press it was “absolutely delighted” with the opening of the Fan Zone. People dance at the Souq Waqif marketplace ahead of the FIFA World Cup in Doha, Qatar on Nov. 19, 2022. Just after 8 p.m., however, crowds thronged the Fan Zone, hoping to attend a concert featuring Lebanese singer Myriam Fares and Colombian singer Maluma. But as hundreds squeezed inside a holding pen, thousands more waited outside the venue.
Trump presidential campaign merchandise used to be a lot less expensive. Prices of some MAGA staples — t-shirts, bumper stickers — have nearly doubled in seven years. The prices of Donald Trump's 2024 presidential campaign staples have skyrocketed when compared to what his 2016 presidential committee was charging. DonaldTrump.comAnd a pair of Trump bumper stickers that would have cost $5 during the waning days of the Obama administration are now $9 in President Joe Biden's economy. DonaldJTrump.com via Internet Archive Wayback MachineA pair of Trump bumper stickers sell for $9 on Trump's 2024 campaign website.
New York CNN Business —Customers are pulling back on spending at Gap and Old Navy — particularly in one specific category that shows just how much families are feeling inflation’s pinch. But Gap and Old Navy said Thursday they’re now seeing less spending on babies’ and kids’ items. “Old Navy customers still have a propensity to buy. More than a quarter said inflation motivated those purchases, and half of parents surveyed sold a secondhand item in the kids’ and baby items category. Mercari said parents of kids 2 and under are the most active secondhand shoppers, according to its survey.
Reuters GraphicsMelissa Benhaim, a 32-year old publicist in Miami, started her holiday shopping slightly later than usual this year. A Saturday shopping day between Thanksgiving and Christmas this year gives shoppers extra time to hold out for better bargains. Holiday shopping is expected to slow broadly. Reuters GraphicsBut toy prices, even with discounts, are up about 2.4%, DataWeave found. Shoppers are paying $16.99 for the toy this year at Kohl's, after discounts, compared to $11.54 last year, according to DataWeave.
This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. The market continues to pause, stall, digest and regroup with the S & P 500 churning near the 4,000 level, its maximum gain off the Oct. 13 intraday low 15% to this week's high. This time, the S & P 500 was down 11.5% before the curve went negative. S & P 500 was down 15% in the prior year to that point. With Treasury yields higher than in past years, it means absolute debt expense for riskier borrowers has begun to pinch, but for now spreads show no alarming pattern.
"We’ve seen in the past that (England manager) Gareth (Southgate) has brought players back if they are in form and thankfully that was me for this tournament." Maddison was in Leicester manager Brendan Rodgers’s office on the day of the squad announcement last week. He was just being a being a good manager and putting a close arm around me if I didn't get the call, taking about staying motivated and then enjoying the break. Now Maddison is relishing the World Cup experience"Every moment at the minute is almost like pinch me moment," he said. "England in recent tournaments like Russia and the Euros have been brilliant and coming back into the squad you get the same feeling of togetherness," Maddison said.
[1/2] A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File PhotoOTTAWA, Nov 15 (Reuters) - Canada's housing market has gone cold, with buyers sidelined by soaring borrowing costs and sellers holding off listing in hopes of a spring rally, while higher interest rates mean prices need to fall more before any rebound materializes, experts say. "We do have quite a bit of fundamental demand still out there ... but the market just can't clear at current prices because of where interest rates have gone," said Robert Kavcic, senior economist at BMO Capital Markets. Variable rate mortgages - home loans in which the interest rate fluctuates based on market conditions - have more than tripled since March, with strict stress tests making qualification even tougher. "If investors aren't interested in buying condos, the whole market starts to slow down," he said.
Higher-income consumers are still grocery shopping at Walmart, a trend that began earlier this year. Most of Walmart's grocery market-share gain in Q3 came from households making $100,000. But the brand's low prices and penchant for discounting — or in Walmart parlance, rollbacks — have also historically attracted lower-income shoppers. Walmart noted that shoppers are also turning to Walmart's private-label brands to save money, a trend Walmart began noticing earlier this year as shoppers began to feel inflation pressure. Shoppers traded down to private label versions of dog food, baby products, baking goods, and proteins, Walmart said.
Residential builders are feeling the pinch of higher financing costs of their own. He estimated that, in aggregate, developers like him would decrease production by 10% to 20% this year, in a potentially devastating setback for affordable housing. "The failure to act is only made clear a few years later, given the timeline of real-estate development," he said. "In a couple of years from now, we're going to look back and say this was a missed opportunity" to close the affordable housing gap. "Financing can be very targeted towards affordable development and can be subsidized much more aggressively," he said.
Though Bezos’ vow was light on specifics, this marks the first time he has announced that he plans to give away most of his money. “I just feel honored to be able to be a part of what they’re doing for this world,” Bezos told CNN. Bezos has committed $10 billion over 10 years, or about 8% of his current net worth, to the Bezos Earth Fund, which Sánchez co-chairs. The economic downturnWhile Bezos and Sánchez plot out their plans for Bezos’ immense wealth, many people of more modest means are bracing for what economists fear may be an extended economic downturn. CNN recently reported that Bezos and Jay-Z are in talks on a potential joint bid on the Washington Commanders.
Jeff Bezos' top tips for managing the economic downturn
  + stars: | 2022-11-14 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN Business —Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession. The business leader offered his starkest advice yet on a faltering economy in an exclusive sit-down interview with CNN’s Chloe Melas on Saturday at Bezos’ Washington, DC, home. Meanwhile, small businesses may want to avoid making large capital expenditures or acquisitions during this uncertain time, Bezos added. If enough consumers follow through with Bezos’ advice, it could mean lower sales for Amazon, the e-commerce giant Bezos founded and that created the vast majority of the billionaire’s wealth. Bezos said the probability of economic conditions worsening makes it prudent to save some cash if it’s an option.
Jeff Bezos’ top tips for managing the economic downturn
  + stars: | 2022-11-14 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN Business —Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession. The business leader offered his starkest advice yet on a faltering economy in an exclusive sit-down interview with CNN’s Chloe Melas on Saturday at Bezos’ Washington, DC, home. Meanwhile, small businesses may want to avoid making large capital expenditures or acquisitions during this uncertain time, Bezos added. If enough consumers follow through with Bezos’ advice, it could mean lower sales for Amazon, the e-commerce giant Bezos founded and that created the vast majority of the billionaire’s wealth. Bezos said the probability of economic conditions worsening makes it prudent to save some cash if it’s an option.
You would just stay mum, enabling investors to expect another raise of 75 basis points, especially if retail sales this week come in above expectations. The best that can be said, though, is that the two days up to end last week seem significant — especially in light of the collapse of FTX. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
[1/4] A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. Accessible luxury brands such as Michael Kors and Ralph Lauren are likely to feel a bigger pinch than higher-priced brands, as their young core customer base looks for deals at the lower end of the fashion spectrum. Ralph Lauren said its holiday quarter revenue would be hit by slowing demand in North America and Europe, where soaring energy costs are also pinching consumer wallets. Tapestry and Ralph Lauren also warned a stronger dollar would hit their earnings. Ralph Lauren shares, which have lost almost a quarter of their value this year, rose about 5% in premarket trading after the company beat second-quarter sales and profit expectations.
Nov 9 (Reuters) - Michael Kors-owner Capri Holdings Ltd (CPRI.N) on Wednesday lowered its sales and profit forecasts for the holiday period, blaming a slow demand recovery in China due to persistent COVID-19 curbs and uncertainty about the global economy. Luxury goods companies have managed to pass on higher costs to affluent shoppers, but China remains a sore spot as Beijing's "dynamic zero-COVID" policy hampers the return of consumers to high-fashion stores. COVID disruptions in China have also weighed heavily on Kering's (PRTP.PA) Gucci, Canada Goose Holdings (GOOS.TO) and L'Oreal (OREP.PA). Capri, which also owns Versace and Jimmy Choo, cut its holiday-quarter sales forecast to $1.53 billion, from $1.65 billion, and lowered its profit forecast to $2.20 per share from $2.45 per share. It forecast fiscal 2023 revenue of $5.70 billion, compared with its prior estimate of about $5.85 billion.
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