General Motors Reports a 14% Jump in U.S. Auto Sales in 2023 The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
Holiday Spending Increased, Defying Fears of a Decline While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
Black Friday Isn’t What It Used to Be Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though.
U.S. Consumers Are Showing Signs of Stress, Retailers Say Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
Ford Slashes Price of Electric F-150 Lightning as Demand Weakens Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.