Shares of Amazon plunged on after-hours trading on Thursday after the company predicted less than spectacular sales for the important holiday shopping season. Amazon shares were down almost 20 percent in extended trading after the Seattle-based tech giant predicted revenue would be $140–148 billion in the three-month period ending the year, missing out on analysts’ average estimate of $156 billion….
Amazon Shares Plunge After Tech Giant Forecasts Disappointing Holiday Sales
US Manufacturers Still Struggle With Supply Chain, Expect Slower Holiday Season: Report
October 24, 2022
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A survey conducted by the National Association of Manufacturers, a U.S. trade organization representing 14,000 companies, reported a drop in confidence in the economy. From January to March, 88 percent of manufacturers reported feeling positive about the economic outlook. By September, that proportion dropped 12 points to 76 percent. The association’s president and CEO Jay…
One in Five Parents Too Stressed at Christmas for Kids to Be Happy
December 24, 2021
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While the holiday season brings joy and makes festive family time, it can also become stressful, as one in five parents are experiencing high holiday stress to the point of negatively affecting their children, according to The C.S. Mott Children’s Hospital National Poll on Children’s Health. The extra shopping and holiday tasks accounted for most…
One in Five Parents Experience High Stress at Christmas
December 24, 2021
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While the holiday season brings joy and makes festive family time, it can also become stressful, as one in five parents are experiencing high holiday stress to the point of negatively affecting their children, according to the C.S. Mott Children’s Hospital National Poll on Children’s Health. The extra shopping and holiday tasks accounted for most…
LAPD Announces Holiday Traffic Enforcement Campaign
December 14, 2021
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LOS ANGELES—The Los Angeles Police Department (LAPD) will have additional officers on patrol during the holiday season on the lookout for impaired motorists, starting Dec. 15. The increased enforcement effort will continue through New Year’s Day, the LAPD announced Dec. 14. “The LAPD is committed to keeping our community safe and encourages everyone to stay in for the night…
Chapman Economics Expert Predicts More Holiday Shopping Amid Inflation
November 28, 2021
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SANTA ANA, Calif.—Orange County retailers have much to look forward to during the holiday shopping season, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the last, though inflation is looming. Consumer…
Chapman Economics Expert Predicts More Holiday Shopping Admist Inflation
November 28, 2021
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Archivedblack fridayChapman UniversityChristmas shopping seasoneconomic forecastHoliday seasonLocal NewsNewsOrange CountyRegional NewsRegional-Local NewsSouthern CaliforniaUS
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SANTA ANA, Calif.—Orange County retailers have much to look forward to the holiday shopping season as it kicks off with Black Friday, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the…
Chapman Economics Expert Predicts More Holiday Shopping Amidst Inflation
November 28, 2021
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Archivedblack fridayChapman UniversityChristmas shopping seasoneconomic forecastHoliday seasonLocal NewsNewsOrange CountyRegional NewsRegional-Local NewsSouthern CaliforniaUS
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SANTA ANA, Calif.—Orange County retailers have much to look forward to the holiday shopping season as it kicks off with Black Friday, though some red flags still remain, according to a Chapman University professor. Raymond Sfeir, director of the A. Gary Anderson Center for Economic Research at Chapman University, predicts more shopping this holiday season than the…
7 Stocks ‘On Sale’ This Holiday Season
The SPDR S&P 500 ETF Trust has generated a total return of 26.4 percent year-to-date, but much of those overall gains have been driven by a handful of megacap stocks. In fact, 65 stocks in the S&P 500 are currently in the red year-to-date in 2021. When a stock struggles in a bull market, it’s…
Holiday Season Moves Into High Gear but Challenges Remain
NEW YORK—Buoyed by solid hiring, healthy pay gains, and substantial savings, shoppers are returning to stores and splurging on all types of items. But the big question is: How much will supply shortages, higher prices, and staffing issues dampen their mood this holiday season? Americans, already fatigued with pandemic-induced social distancing policies, may get grumpy…
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