Americans begin Christmas shopping as they worry about rising prices
September 9, 2022
Fifty-nine percent of Americans are feeling anxious about buying Christmas gifts as a result of inflation, according to a new Bankrate report. More than 10 percent began their holiday shopping in September and half plan to get started before Halloween. “Holiday shopping will look different this year with inflation around 40-year highs,” said Ted Rossman, Bankrate’s senior industry analyst. “Starting earlier could help because it gives you time to spread out your cash flow and find the best deals.”
Recent News
Tesla Employee Sleeps in Car, Loses Job Amidst Layoffs
Tesla, the Texas-based automaker, recently conducted layoffs affecting at least 10% of its staff. Among them was Nico Murillo, a production supervisor at the Freemont facility, who shared his layoff experience on LinkedIn.
Emergency Slide That Fell Off Delta Plane During Flight Found
The emergency slide was found 10 miles from JFK Airport.
Krispy Kreme Debuts New Rewards Program
Krispy Kreme is introducing a new program that piggybacks on its existing Krispy Kreme Rewards.
WeWork’s Bankruptcy Exit Plan Revealed
WeWork is charting a new course to exit bankruptcy, but without its former CEO Adam Neumann in the driver’s seat.