Tag: Thanksgiving

Cyber Monday is the biggest online shopping day of the year — thanks to deals and hype
Money

Cyber Monday is the biggest online shopping day of the year — thanks to deals and hype

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.Adobe Analytics, which tracks online shopping, expects consumers to spend between $12.0 billion and $12.4 billion on Monday, making it the biggest online shopping day of all time. For several major retailers, the "Cyber Monday" sale is a days-long event that begins over the weekend. Amazon's, for e...
Mourners honor teen NJ football star stabbed to death in Lower Manhattan after pre-Thankgiving night out turned lethal
Health

Mourners honor teen NJ football star stabbed to death in Lower Manhattan after pre-Thankgiving night out turned lethal

The New Jersey football player fatally stabbed by a stranger in a late-night Manhattan street dispute was a perpetually upbeat teen with a personality to match. Victim Rocco Rodden, 17, “was a great kid who lit up a room whenever he came in,” said Dan Marangi, his head coach at St. Joseph’s Regional High School in Montvale, N.J. “He was always welcoming and always up for a good laugh and a good time and cheering guys up. You couldn’t say a bad word about him.” Rodden, who was in the city with his older brother, suffered a fatal six-inch deep wound when stabbed at 1:49 a.m. on Thanksgiving after leaving a private party at the Live Ax NYC restaurant, with authorities saying the suspect and his friends were also inside before the fight erupted on the street outside. Suspect Gianluca Bordone,...
Consumers spent $5.6 billion on Thanksgiving Day — but not on turkey
Money

Consumers spent $5.6 billion on Thanksgiving Day — but not on turkey

Americans cracked open their wallet in a big way on Thanksgiving, spending $5.6 billion on things like clothes, electronics, jewelry and toys. That's a 5.5% increase from how much shoppers spent on turkey day last year.Most of the shopping frenzy — about $3.3 billion worth — happened online with consumers using smartphones and tablets to make purchases late Thursday night, according to data from Adobe. "Shoppers took to their smartphones to get the best deals during holiday gatherings, further solidifying mobile's growing importance in e-commerce." Vivek Pandya, lead analyst, Adobe Digital Insights, said in a statement Friday.  Check out CBS Essentials for information on the best Black Friday deals:Among toy purchases, many consumers flocked to Barbie d...
Americans expected to increase spending this holiday season
Money

Americans expected to increase spending this holiday season

Americans expected to increase spending this holiday season - CBS News Watch CBS News According to one survey, American shoppers are expected to spend 14% more this holiday season than they did in 2022, this despite inflation and high interest rates. Roxana Saberi has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
It’s the cheapest Thanksgiving Day for drivers since 2020. Here’s where gas prices could go next.
Money

It’s the cheapest Thanksgiving Day for drivers since 2020. Here’s where gas prices could go next.

Drivers find lower gas prices at the pump this Thanksgiving Drivers find lower gas prices at the pump this Thanksgiving 00:50 Drivers taking on the Thanksgiving travel rush this year have one thing to be thankful for: Lower gas prices. Nationally, the average price of gas hit $3.27 a gallon on Thursday, according to data from auto club AAA. Meanwhile, data at GasBuddy, a fuel tracking service, showed the national average at $3.24 a gallon, marking the cheapest Thanksgiving Day for driv...
Warren Buffett donates nearly $900 million to charities before Thanksgiving
Money

Warren Buffett donates nearly $900 million to charities before Thanksgiving

Warren Buffett has donated more than $870 million in Berkshire Hathaway stock to four charitable foundations, a holiday tradition that underscores the billionaire's pledge to give away most of his wealth to philanthropy.  The famed investor granted 1.5 million Class B shares of his conglomerate to the Susan Thompson Buffett Foundation, a charitable vehicle that invests in reproductive health and family planning grants, the company said in statement on Tuesday. He also distributed 300,000 Class B shares to each of the three organizations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation. The donations "supplement certain of the lifetime pledges I made in 2006 and that continue until my death (at 93, I feel good but full...
Turkey rules the table. But a poll finds disagreement over other Thanksgiving classics
Entertainment

Turkey rules the table. But a poll finds disagreement over other Thanksgiving classics

Thanksgiving may be a time for Americans to come together, but opinion is divided over what's on the crowded dinner table. We mostly agree on the deliciousness of pumpkin pie, say, but are split over the eternal turkey question of dark meat versus white meat. And don't even ask if marshmallows belong on sweet potatoes — it could cause a ruckus.About 3 in 10 U.S. adults (32%) who will celebrate Thanksgiving this year say turkey is their favorite dish in the holiday feast, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. Stuffing or dressing (19%) and mashed potatoes (6%) come in second and third.“Thanksgiving — it’s about turkey,” said Ralph Caya, 71, from Pensacola, Florida, who participated in the survey. On the other hand, Vaidehi Upadhyaya, a 2...
Here’s how much a typical Thanksgiving Day feast will cost this year
Money

Here’s how much a typical Thanksgiving Day feast will cost this year

Many Thanksgiving staples cost more this year Many Thanksgiving dinner staples cost more this year as inflation persists 02:35 The cost of preparing your Turkey Day feast is likely to be cheaper this year — and you can thank the turkey.Turkey costs per pound fell to $1.25 in September, down 43 cents from a year earlier, according to the most recent data available from the U.S. Department of Agriculture. Overall costs for a typical Thanksgivi...