Business
Online Spending on Black Friday Sets New Record
Black Friday shoppers spent a record $9.8 billion online in the US, Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season. Demand for electronics, smartwatches, TVs and audio equipment helped boost the day’s online sales by 7.5% compared with last year. Bloomberg’s Charlie Wells reports.
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Business
AI May Not Solve Demographic Decline
Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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Business
Chipotle CEO on expanding into Mexico
“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Business
Delta Will Do Just Fine With High Fuel Prices, CEO Says
Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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Business
Why some investors are wary of SpaceX stock #shorts #spacex #elonmusk #investing
After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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Business
Hungary Approves Legislation to Remove President, Orban Allies
Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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@jcherry9308
December 10, 2023 at 11:09 pm
I’m glad my fam debt freeeeee
@Balance-yz4qg
December 10, 2023 at 11:09 pm
Consumers are switching to D💳C
@kennonmoss7854
December 10, 2023 at 11:09 pm
MAGA crying 😂😂😂😂
@buttercup3518
December 10, 2023 at 11:09 pm
EBT set a bigger record because people need to eat first.
@buddyx6
December 10, 2023 at 11:09 pm
I'm not just old school I'm JURRASIC SCHOOL, I don't even own a smartphone!
"KEEP ON KEEPIN ON"
@RomeoTango3
December 10, 2023 at 11:09 pm
The takeaway from this: Tell me you’re gay without telling you they’re gay? 😂 (it’s a joke, have a laugh) 😊
@draesters7157
December 10, 2023 at 11:09 pm
Someone is telling lies!!!
@user-wi4vu5pj2y
December 10, 2023 at 11:09 pm
Dumb azz country
@user-wi4vu5pj2y
December 10, 2023 at 11:09 pm
Dummies
@claramaximo4666
December 10, 2023 at 11:09 pm
Testificando de su bondad Sr. Stuart Michael Ha cambiado mi vida y la de mi familia en un par de semanas al conocerlo, comencé con un pequeño capital hoy, no puedo decirlo, pero ya me estoy volviendo rico. Pensé en este comercio y las cosas de forex eran falsas, pero me mostraste el camino, desearía que hubiera más de ti, este mundo sería un lugar mejor, gracias señor….
@robertwright7283
December 10, 2023 at 11:09 pm
$9.8 Billion in more Consumer Debt.
@AmitKumar-tg7of
December 10, 2023 at 11:09 pm
Retailers were sitting on very low inventory – what does it mean for christmas shopping
Stockouts??
@conor7179
December 10, 2023 at 11:09 pm
How much was of that was to Bidenomic money printing.
Its only an increase if the spending increase is greater than the increase in money supply.
@masonterwilliger3115
December 10, 2023 at 11:09 pm
Cant believe how
@itgetter9
December 10, 2023 at 11:09 pm
I use my credit card, but I pay it off every month. Put THAT in your pipe and smoke it!
@mireederrick1977
December 10, 2023 at 11:09 pm
WOW 😯😯 = America has money 💰 to burn! I don't believe the numbers 😂😂😂
@davidkennedy8929
December 10, 2023 at 11:09 pm
It’s extremely patronising when people are referred to as “consumers” how about “people”
@bkind1622
December 10, 2023 at 11:09 pm
I didn’t spend a penny! You have to love the fake news! 😂
@BB1337.
December 10, 2023 at 11:09 pm
All those who liked the video is either numb to their core being or working for 🤡📺
@MotoZ7
December 10, 2023 at 11:09 pm
Prices went up 7.5% , inflation, so spent the same as last year, a very bad year.
@shehzadshekani5618
December 10, 2023 at 11:09 pm
haha lie
@KenjiPolkAudio
December 10, 2023 at 11:09 pm
Yep 😂