Latest Discretionary spending News

Saving pets: Program lends hand to low-income animal owners

Sep. 18, 2019 9:56 AM EDT

ATLANTA (AP) — Of all the animals peering sadly through the cage bars of shelters across the country, 25% of them once had an owner who gave them up for one reason or another, according to national statistics. Those who did because they could no longer afford a pet have been getting some help over the past...

Saving pets: Program lends hand to low-income animal owners

Sep. 18, 2019 1:32 AM EDT

ATLANTA (AP) — Of all the animals peering sadly through the cage bars of shelters across the country, 25% of them once had an owner who gave them up for one reason or another, according to national statistics. Those who did because they could no longer afford a pet have been getting some help over the past...

Utah joins nearly 2 dozen US states spending on 2020 Census

Sep. 17, 2019 6:38 PM EDT

SALT LAKE CITY (AP) — Nearly two dozen states are spending millions of dollars to make sure people participate in the 2020 Census amid concerns that undercounting could mean losing critical federal funding or seats in Congress. Utah became the latest on Monday as its GOP-dominated Legislature voted to...

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...

Best Buy 2Q profit beats estimates, but revenue misses

Aug. 29, 2019 2:44 PM EDT

NEW YORK (AP) — Best Buy Co. reported a sales shortfall for the fiscal second quarter and trimmed its annual sales forecast, blaming uncertainty surrounding an escalating trade war with China heading into the holiday shopping season. Shares of the retailer fell 8% in afternoon trading Thursday. "It is...

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...

Department stores make room for used fashion

Aug. 20, 2019 4:02 AM EDT

NEW YORK (AP) — Out with the new and in with the old. As department stores watch their customers flock to second-hand stores, some are trying to bring them back by partnering with online resale sites. Last week, J.C. Penney and Macy's announced a pilot program to set aside sections inside a few dozen of...

How to bypass ATM fees while you're on the road

Aug. 15, 2019 11:26 AM EDT

If you find yourself short on cash while on vacation, it might seem easiest to hit up the nearest ATM. But if that handy machine is not in your bank's network, you could get a double whammy of fees: The ATM owner will probably charge a few dollars for the convenience, and your own bank may tack on an extra $2.50...

Kentucky reports rise in visitor trips to bluegrass state

Aug. 15, 2019 4:59 AM EDT

FRANKFORT, Ky. (AP) — Kentucky tourism officials say more people visited the state in 2018 and spent more money. Officials say visitor trips to and within the state topped 71.6 million last year and visitor spending rose to nearly $7.6 billion, up nearly 4% over the prior year and a 21% increase since...

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...