Consumers tend to rack up a lot of credit card debt during the fourth quarter, largely due to holiday expenses. This year, by one estimate, the average holiday shopper is on track to spend around $800. For many, that means financing, which remains a double-edged sword despite historically low interest rates and an array of new consumer protections. It can either save you a lot of money in interest and fees or trip you up with caveats buried in fine print that drastically inflate your expenses. Here are three of the best and three of the worst financing offers for holiday shoppers in 2012:
After nine months of contentious talks, dockworkers and shipping companies have reached a tentative agreement on a labor dispute that has clogged West Coast ports from San Diego to Seattle.
Valentine's Day will cost the average person $142.31 in 2015, but 1 in 3 people aren't planning to give a gift at all. This Valentine's Day will also include 132 million cards exchanged and 6 million marriage proposals.
Retail sales rose 0.7 percent in November – their biggest monthly gain in eight months despite a relatively weak Black Friday weekend. Cheap gas prices and higher wages helped fuel the November retail sales growth.
It's time to start thinking about the holidays and you may note some significant differences between this holiday shopping season and last year's. While in-store shopping is steadily decreasing, online shopping this year will increase with earlier shipping and more purchases from smartphones.
Fast-food and other low-wage workers walked off the job once again Thursday in support of a $15 per hour minimum wage and access to union rights. Now in its third year, the "fight for $15" has expanded to include more sectors of the industry and more causes, with protests in Ferguson, Mo., and on the steps of the US Supreme Court.