Latest Discretionary spending News

Retail trade group: holiday sales could set new record

Oct. 27, 2021 15:23 PM EDT

NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, expects that holiday sales gain could shatter last year's record-breaking season even as a snarled global supply chain slows the flow of goods and results in higher prices for a broad range of items....

Retail sales climb despite rising prices, supply issues

Oct. 15, 2021 16:04 PM EDT

NEW YORK (AP) — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from...

4 workarounds to book your fall vacation rental with points

Sep. 22, 2021 07:52 AM EDT

Even before the pandemic, home booking sites like Airbnb and Vrbo were becoming increasingly popular with travelers. The opportunity to have a homelike experience, complete with full kitchen, extra living space and local flavor, was more appealing than a standard hotel room for many. ...

California spending big money to get out the recall vote

Aug. 31, 2021 14:12 PM EDT

SACRAMENTO, Calif. (AP) — California election officials are spending $16 million in a four-week ad blitz to educate people about voting in the recall that could remove Gov. Gavin Newsom, a campaign that's officially nonpartisan but could benefit the first-term Democrat as he pushes for high...

Americans spent less in July as COVID-19 cases surged

Aug. 17, 2021 10:09 AM EDT

NEW YORK (AP) — Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores. Retail sales fell a seasonal adjusted 1.1% in July from the month before, the U.S. Commerce Department said Tuesday. It was a much larger drop...

Retail sales fell 1.1% in July with Americans spending less as COVID-19 cases rise

Aug. 17, 2021 08:36 AM EDT
NEW YORK (AP) — Retail sales fell 1.1% in July with Americans spending less as COVID-19 cases rise.