Despite the White House stating that consumer spending has recovered, a look at the past three days shows just the opposite picture: spending was flat on thanksgiving compared to last year, down on Black Friday (as was everything else to be fair), and – according to Adobe’s digital economy index – was also down for the first time ever on Cyber Monday.
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17 years after the birth of Facebook, is peak social media already behind us? This is a question analysts and investors have been pondering for a few years already.
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The big release of 50 million barrels of oil from the Strategic Petroleum Reserve was the hallmark solution proposed by the Biden administration to try and address soaring energy costs for Americans. It turns out that most of that oil is going to wind up in China and India.
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The good news: Black Friday retail traffic was up 47.5% over last year. The bad news: It was still 28.3% lower vs. 2019 levels, according to CNBC, citing preliminary data from Sensormatic Solutions.
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Football battles at the Regional level happened last night in the fight for the state title. Several of the local teams fought hard but, were eliminated. Here are the scores we have of local and surrounding area teams.
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