Latest Shopping News

Study: Chinese to account for half of luxury sales by 2025

Nov. 15, 2018 8:59 AM EST

MILAN (AP) — Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sales by 2025. Chinese shoppers will account for 46 percent of global luxury sales of an...

Marie Antoinette pearl reaps record $36 million, with fees

Nov. 14, 2018 7:21 PM EST

GENEVA (AP) — A large, drop-shaped natural pearl pendant sold for more than $36 million Wednesday at a rare auction of jewelry that once belonged to French Queen Marie Antoinette, which Sotheby's is calling a record price for a pearl at auction. The "Queen Marie Antoinette's Pearl," a diamond-and-pearl...

Photo of Hitler embracing child of Jewish grandmother sold

Nov. 14, 2018 5:16 PM EST

WASHINGTON (AP) — A photograph showing Adolf Hitler embracing a young girl who had a Jewish grandmother has sold at auction for more than $11,000. The Washington Post reports the black-and-white image taken by Heinrich Hoffmann and inscribed by Hitler in dark blue ink shows him smiling as he embraces Rosa...

Sotheby's: Pearl pendant once belonging to Marie Antoinette sells for record $32 million hammer price at Geneva auction

Nov. 14, 2018 4:47 PM EST
GENEVA (AP) — Sotheby's: Pearl pendant once belonging to Marie Antoinette sells for record $32 million hammer price at Geneva auction.

US panel warns against government purchase of Chinese tech

Nov. 14, 2018 9:23 AM EST

WASHINGTON (AP) — A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk. In its annual report on Wednesday, the U.S.-China Economic and Security Review...

Black Friday: Shop it or skip it?

Nov. 13, 2018 8:21 PM EST

A solid 70 percent of Americans plan to shop on Black Friday this year, according to a recent NerdWallet study conducted by The Harris Poll. But the nature of a day centered around shopping can almost inevitably lead to overspending. Here are three ways to tell whether participating in Black Friday is really...

Handwritten Einstein letter auctioned off for nearly $40,000

Nov. 13, 2018 5:29 PM EST

JERUSALEM (AP) — A handwritten letter written by Albert Einstein warning of the dangers of growing nationalism and anti-Semitism years before the Nazis rose to power has been sold for nearly $40,000. The Kedem Auction House says the previously unknown letter, brought forward by an anonymous collector,...

Small businesses band together for Small Business Saturday

Nov. 12, 2018 2:53 PM EST

NEW YORK (AP) — Many small and independent retailers who are holding Small Business Saturday shopping events Thanksgiving weekend are banding together with others, believing that there's strength in numbers. Small Business Saturday, started in 2010 to encourage consumers to shop in their small local stores...

Liz Weston: Smart Ways to Rein In Holiday Spending

Nov. 12, 2018 10:58 AM EST

The holidays are a huge deal in the Weston household — and every year, the expenses threatened to gallop out of control. Keeping the holiday joyous and less stressful means keeping a firm rein on our spending. Here's what we do, as well as smart frugal tips from others: BUDGET FOR EVERY EXPENSE By early...

China's annual shopping frenzy shatters records again

Nov. 11, 2018 8:03 PM EST

SHANGHAI (AP) — Online shoppers in China have shattered last year's record by making $30.8 billion in sales on the country's annual buying frenzy Sunday, as the tradition marked its 10th year. The spending binge has for years eclipsed Cyber Monday in the U.S. for online purchases made on a single day. This...