Stretching Your Dollar: Cyber Monday Versus Black Friday
Black Friday shoppers spent nearly $10 billion as they took advantage of in-store deals and sales. But do consumers prefer online buying with Cyber Monday deals over the tradition Black Friday shopping holiday? Andrea Woroch, consumer savings expert, joined 'Stretching Your Dollar' to talk about which shopping day might benefit consumers more and how to find the best deals.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
