This holiday shopping season saw a big surge in consumers shopping on mobile. HP's General Manager and Vice President of Americas Channel Stephanie Dismore breaks down the key trends in retail.
Over the Thanksgiving holiday weekend, sales hit record highs of $14 billon, according to Adobe Analytics. Cyber Monday saw a record $6.59 billion in sales, up 17 percent from last year. Dismore says consumer spending on mobile is driving this growth.
On Cyber Monday, there was more than $2 billion worth of sales transacted through mobile devices, according to Adobe Analytics. Dismore says she expects to see strong reports on PCs and printers this holiday season. The key to the future of retail is combining the online and offline experience, says Dismore.
Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection. It makes it a lot harder for phone thieves to access key functions and settings, and users are being urged to turn it on immediately.
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
