Over the Thanksgiving weekend, American shoppers spent more than $1.5 billion on holiday shopping! Your Cheddar hosts Kristen Scholer and Tim Stenovec talk about what the rest of the holiday shopping season looks like, and how you can benefit from those credit card rewards. Shoppers are expected to spend over $107 billion just online this holiday season, which would be an increase of 14% from last year. Additionally, 64% of shoppers use their smartphones to research those purchases.

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Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
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