Thanksgiving

Major U.S. indices declined to close lower on Wednesday as the markets headed into the Thanksgiving holiday. Banks, post offices, shipping services, stock markets and all the other over-the-counter markets like bond markets will be closed on Thursday. What Happened: Despite the holiday, Dow Jones...

The Detroit Lions and Dallas Cowboys traditionally play on Thanksgiving, making NFL games a key part of the holiday, alongside family gatherings and feasts. It is also a day off for the country's major stock markets. Along with the Lions and Cowboys, four other NFL teams will be featured across...

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings.  What To Know: Management consultancy firm Bain & Company forecasts U.S. retail sales during...

This Thanksgiving, as you pass the mashed potatoes and carve the turkey, why not elevate the dinner table chatter with insights about the U.S. economy? On Wednesday, the economics team at Bank of America, led by Aditya Bhave, tackled 10 of the most pressing economic questions Americans are asking...

AAA expects record-setting travel numbers for Thanksgiving 2024 with an estimated 79.9 million travelers, up 2% from the previous record set last year. Here's what to know Tuesday before hitting the road later this week for the holiday.  What To Know: AAA attributes the staggering number of...

For NBC, big balloons mean a bigger budget. What Happened: The Macy's Thanksgiving Day Parade, known for its extravagant performances and cartoon character floats, is getting pricier. Since 1953, the peacock-branded network has aired the iconic turkey-day tradition. And, according to The Wall...

Hemp has long been a cornerstone of American industry, from its vital role in the Mayflower's journey to its symbolic importance in the fight for independence. As we celebrate Thanksgiving, it’s fitting to reflect on how this versatile crop helped build the foundation of the U.S., in the past...

Over half of Americans — 56% — say they plan to host guests for Thanksgiving this year. With costs rising 19% from last year, consumers are feeling the pinch.  What To Know: The cost of hosting Thanksgiving dinner in 2024 is up 19% from last year with an average of $431 spent on food, drink and...

When Andy Williams released the song "It's the Most Wonderful Time of the Year" on his first 1963 Christmas album, the S&P 500 was singing a bullish tune of its own. The index had just hit a record high of 74 points, shaking off the scars of the 1962 bear market. Fast-forward 61 years, and...

As the Thanksgiving travel season approaches, Uber Technologies Inc. (NYSE:UBER) has unveiled its new “XXL” rides service. This initiative is designed to accommodate the expected increase in travel demand, particularly at airports. What Happened: The XXL service, offering...

Dollar General Corp. (NYSE:DG) has launched several holiday sales promotions in an effort to win back inflation-weary consumers as mega-retailers Walmart, Inc. (NYSE:WMT) and Amazon.com, Inc. (NASDAQ:AMZN) aggressively lower prices. The Details:  Dollar General has been losing customers to...

Longshoremen are expected to drop their cargo hooks Tuesday, potentially freezing activity at some of the U.S.’s busiest ports. What Happened: According to the New York Times, a union showdown on the East and Gulf coasts with their employers could halt billions of dollars worth of goods,...

The latest animated offering from Walt Disney Co. (NYSE:DIS), “Wish,” fell short of its projected success at the Thanksgiving box office. In contrast, Ridley Scott‘s “Napoleon” — financed by Apple Inc. (NASDAQ:AAPL) — outperformed its forecasted gross, according to...

A Thanksgiving message from Donald Trump Jr. has ignited debate due to its critical tone toward the Federal Bureau of Investigations (FBI). What Happened: On Friday, Trump shared an image on X showing a family inside a home with an FBI agent outside observing them. He wrote,...

In recent news, Peloton Interactive Inc.’s (NASDAQ:PTON) annual Thanksgiving ride was plagued by technical issues, leading to an apology from the company’s CEO, Barry McCarthy. As per a report from The Verge, Peloton’s 10th annual "Turkey Burn" event, which was set to break the...