Holiday retail sales are up nearly 4.9% this season. "Giftology" author John Ruhlin shares his picks for the top trends in gifts for the 2017 holiday season.
The top trends this year include personalization, being locally made, artificial intelligence enabled selection, conscious capitalism, and practicality over novelty. Ruhlin says Amazon's launch of Marketplace is a great example of how the e-commerce giant is capitalizing on the growing popularity of personalization.
Shoppers spent more than $800 billion during this holiday season according to Reuters. Ruhlin says ultimately its the story that sells to consumers.
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.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
