$960 billion is expected to be spent between november and december. and sales are up between 6% to 8% from last year. now, inflation is the big elephant in the room. and people are having to be creative in the ways they shop. listen to this. one of the problems is inflation, prices high, so, we have to make some adjustment, what we re going to buy this year. so, yes, it is little bit downsizing, in terms of buying gifts, not like last year, so, yes, inflation is affecting us. ryan fatell is a senior fellow at claremont university, he joins me now from los angeles. thanks so much for being here with us. so, many of us that are interested in the economy and watching black friday and cyber monday sales, hoping to glean something that might give us a
Between work, relationships with friends and family and attempting to find time for your own needs, it’s easy to feel pulled in different directions. Instead of feeling fulfilled in all aspects, you might feel as…
we understand the hardship it is causing, and we re moving expeditiously to bring it back down. we have both the tools we need and the resolve that it will take to restore price stability on behalf of american families and businesses. [ closing bell ] the fed s decision sent u.s. financial markets soaring. wall street had its best day in two years. blue chip stocks gained more than 900 points. the s&p 500 is up 3%, and the nasdaq rose 3.2%. and we are seeing positive results in the asia-pacific markets so you can see there, all moving in the right direction. ryan patel is a senior fellow at the school of management at claremont university. he joins us from los angeles. great to have you with us. thanks, rosemary. so the dow soared more than 900 points on news the fed was raising interest rates by half a percentage point.
Alumnus Fred Mednick, founder of two-time Peace Prize–winning NGO Teachers Without Borders, has worked to expand worldwide educational access for over two decades.