Day: December 1, 2025

Consumers Spent $11.8 Billion Online on Black Friday

Buck Banks

$11.8 billion

Despite wider economic uncertainty hovering above this year’s holiday season, shoppers turned out in big numbers for Black Friday — spending billions of dollars both in stores and online, reported CBS News. Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 billion online Friday, marking a 9.1% jump from last year. It was a slight increase from the company’s spending estimate of $11.7 billion.

Twice as Many Americans Say Trump Has Raised Prices Than Lowered Them

Buck Banks

49% to 24%

A new Yahoo/YouGov poll found that more Americans are unhappy with President Trump’s stances on the economy and cost of living, with almost twice as many (49%) saying the president has helped raise prices rather than lowering them (24%). The survey also found more Americans (38%) now blame Trump more for inflation than his predecessor, former President Joe Biden (31%).

Trump’s Brands Prove Toxic

Buck Banks

-75%

“Stocks and cryptocurrencies linked to President Trump are in a deep slump, leaving some of the president’s biggest fans with steep losses,” the Wall Street Journal reports. “Shares of Trump Media & Technology Group, which operates the president’s Truth Social platform, have tumbled 75% since Trump’s inauguration. Digital “meme coins” named for Trump and first lady Melania Trump are down 86% and 99% since inauguration day, respectively. And one of the Trump family’s crypto ventures, a token called World Liberty Financial, has dropped roughly 40% since its September launch.”