China keeps benchmark lending rates steady for a seventh straight month despite weak economic data

China keeps benchmark lending rates steady for a seventh straight month despite weak economic data

BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the People’s Bank of China (PBOC) on November 11, 2025, in Beijing, China. The PBOC serves as the country’s central bank, overseeing monetary policy, financial regulation, and currency issuance. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty … Read more

AI tools could drive $263 billion in holiday sales. Walmart and Target are racing to get in

AI tools could drive 3 billion in holiday sales. Walmart and Target are racing to get in

Holiday shopping has always felt like a “chore” for Amrita Bhasin.  Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving.  But this year, Bhasin … Read more

How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the … Read more

Fewer burritos, more bargains: Consumers flash holiday warning signs

Fewer burritos, more bargains: Consumers flash holiday warning signs

Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the … Read more