Latest Holiday shopping News

Target ups hiring by 4% to more than 130,000 for holidays

Sep. 10, 2019 10:03 AM EDT

NEW YORK (AP) — Target is hiring more than 130,000 people ahead of the critical holiday season, up more than 4% from last year. The retailer is increasing by two-fold the number hires dedicated to handling online orders from stores. Retailers will likely have a tough time attracting holiday help again this...

In escalating trade war, US consumers may see higher prices

Sep. 1, 2019 11:35 PM EDT

WASHINGTON (AP) — The United States and China on Sunday put in place their latest tariff increases on each other's goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-China...

Business groups ask Trump for tariffs delay before holidays

Aug. 28, 2019 1:29 PM EDT

NEW YORK (AP) — A coalition of 161 manufacturers, farmers, retailers, natural gas and oil companies as well as other business groups, has signed a letter asking President Donald Trump to postpone tariff rate increases on Chinese goods slated to take effect this year. The letter, dated Wednesday and...

German recession fears weigh on stocks after relief rally

Aug. 14, 2019 8:11 AM EDT

LONDON (AP) — Fears that Germany could slip into a recession weighed hard on European stock markets Wednesday, a day after a modest relief rally prompted by the U.S. decision to delay some tariffs on Chinese imports. The key downward driver in markets on Wednesday was news that Germany, Europe's biggest...

Asian shares rise on US plan to delay some China tariffs

Aug. 14, 2019 1:17 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists. Japan's Nikkei 225 added 1.2% in early trading to 20,691.10, while Australia's S&P/ASX 200 rose...

Trump delays tariffs on some Chinese goods until December

Aug. 13, 2019 6:57 PM EDT

WASHINGTON (AP) — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether. The announcement Tuesday from the Office of the...

How major stock indexes fared Tuesday

Aug. 13, 2019 5:50 PM EDT

Stocks shot higher on Wall Street Tuesday after the U.S. said it would delay tariffs on Chinese imports of mobile phones, toys and other items typically on holiday shopping lists. The latest turn in the U.S.-China trade war helped the market erase much of the losses from the previous two days. Retailers and...

Markets Right Now: Tariff delay sends US stocks soaring

Aug. 13, 2019 4:11 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks shot higher after the U.S. said it would delay tariffs on Chinese imports of mobile phones, toys and other items typically on holiday shopping lists. Retailers and makers of electronics and toys rose sharply....

The Latest: Trump - tariff delay lessens impact on holidays

Aug. 13, 2019 12:48 PM EDT

NEW YORK (AP) — The Latest on the shifting trade relations between the U.S. and China (all times local): President Donald Trump says he delayed some tariffs in an escalating trade war with China to lessen the impact on the Christmas shopping season. The announcement jolted shares of companies that rely on...

How Trump's latest China tariffs could squeeze US consumers

Aug. 2, 2019 4:43 PM EDT

WASHINGTON (AP) — The latest tariffs President Donald Trump plans to impose on Chinese goods would cost U.S. households an average of $200 a year, some economists estimate, and would start to bite consumers and retailers just as the holiday shopping season begins. That cost would come on top of the roughly...