It's the day after Christmas, and some of you may be preoccupied with the big gift you got this year. Whether it's an Amazon Alexa or the latest video game, new technology was at the top of many people's holiday wish lists. New York Times Contributor Harold Goldberg and Android Central Managing Editor Daniel Bader explain the top trends this holiday season. Amazon Alexa was one of the top downloaded apps this holiday season. This app powers all of Amazon's Echo products. "The Echo Spot, in particular, was one that I think took everyone by surprise in its popularity," says Bader. "Nintendo Switch was the console to get this season," says Goldberg. Another hot product from the video game maker is the Super Nintendo SNES Classic Edition. Goldberg says many consumers are being forced to buy this in-demand product through resellers such as eBay.

Share:
More In Business
Is U.S. Restaurants’ Breakfast Boom Contributing to High Egg Prices?
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Load More