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Thanksgiving Day 2022 marks record consumer spending

(NEW YORK) -- Shoppers spent a record $5.29B this Thanksgiving, according to Adobe Analytics -- a figure up 2.9% year-over-year.Adobe Analytics’s report on record spending may be surprising to some, as the economy is at an inflation level not seen in the last 40... Read More.

Consumer Price Index up 8.3% in April

(WASHINGTON) -- Inflation eased slightly last month, according to the latest figures released Wednesday by the Labor Department.The Consumer Price Index rose 8.3% in April compared to the same time period last year -- a drop from the 8.5% increase in March.Month-to-month, prices were... Read More.