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American shoppers are coming off a strong Thanksgiving spending period, with Black Friday expected to set a record.Adobe’s initial Black Friday e-commerce data projects that consumers will spend a record $11.7 billion online, up 8.3% from 2024. Shoppers are expected to take advantage of deals early and outpace Cyber Monday spending, as they anticipate finding the best deals on Friday, according to Adobe.Users are hunting for toys, electronics, and skincare as gifts, with Labubus and Lego sets expected to sell quickly. On the electronics front, demand for the iPhone 17 is strong, Adobe said, and the Oura ring is also…

As locals gossip beneath the low-beamed ceiling of a coffee shop, I ask Audrey Ann Masur to speak up.”I’m always trying to speak more quietly, so I’m not getting that stereotype,” the 37-year-old from Indiana whispers across our table with a nervous smile, her decaf coffee steaming in the autumn chill.We’re in the Cotswolds, an 800-square-mile pocket of English countryside dotted with towns and villages. Masur and her young family moved here from South Carolina five years ago, when her husband was reposted by the US military.Curious about the Cotswolds? Read more from Joshua-Nelken Zitser’s reporting trip:Stay tuned for:A photo…

Michael Burry’s group chat is going off.The investor of “The Big Short” fame invited all of his paid subscribers to a group chat on Friday, and it quickly led to hundreds of replies ranging from memes to questions for Burry.This month, Burry pivoted from running a hedge fund to publishing a Substack named “Cassandra Unchained.” It has amassed more than 97,000 subscribers since it launched on Sunday.”This is a conversation space exclusively for paid subscribers—kind of like a group chat or live hangout,” reads Burry’s introductory post. “I plan to post updates that come my way, and you can jump…

Have you recently given up your salad-bowl lunch habit? You’re not alone.Many American consumers are feeling the pinch, and it’s affecting how they shop, and where and how often they dine out.Consumer sentiment is down, job cuts are on the rise, and dining out has become pricier as operators contend with higher labor, ingredient, and rent costs.People are looking for value — but not necessarily the cheapest option — through loyalty perks, portion sizes, and perceived quality.Here’s a look at some of the chains that are — and are not — benefiting from this:What’s in: Casual dining, packed lunches Chili’s…

Michael Burry of “The Big Short” fame has said some of the world’s largest AI companies are exaggerating how long their Nvidia chips will last to pad their short-term profits. Now, one hedge fund boss has warned that those chips could make themselves obsolete.Greg Jensen, the co-chief investor of Ray Dalio’s Bridgewater Associates, told the “In Good Company” podcast this week that the “depreciation schedule is probably going to be quite fast, and you hope it has to be in a sense.”Jensen explained there’s a “resource grab” in AI as companies compete for scarce land, energy, microchips, and scientists, and…

A large industrial warehouse features rows of shelves stacked with packages, while two workers in safety gear are walking and inspecting the storage. Utilized space exemplifies efficiency and systematic inventory management.Witthaya Prasongsin | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.After a pandemic-driven surge, and a subsequent pullback, warehouse real estate supply and…

2025-11-28T13:02:04.904Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Companies like HP, IBM, and Amazon are replacing jobs with AI. HP plans to cut up to 6,000 jobs by 2028, citing AI-driven productivity measures. IBM and Amazon have both linked workforce reductions to increased use of AI. Worries about AI one day replacing human workers have intensified in…

This as-told-to essay is based on a conversation with Shannon Hennessy, the CEO of Habit Burger, the newest chain in the Yum! Brands portfolio, which also includes fast food titans like Taco Bell and KFC. It has been edited for length and clarity.I’m a mornings-and-margins kind of person. I get my workout in before most inboxes are awake, and I protect my sleep as if it were one of my core KPIs.When I joined The Habit Burger & Grill in 2022, after serving as CFO of KFC’s Global Division for two years, my first focus was to protect the things…

2025-11-28T12:15:05.860Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Talent firm G&B Digital Management has been hosting creator economy classes for Hollywood pros. Traditional entertainment workers are seeking new skills as the film and TV industries slow down. Here’s G&B’s presentation laying out the dos and don’ts of the creator world. It’s a tough time in Hollywood, with…

Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008.Gerald Martineau | The Washington Post | Getty ImagesBlack Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the best deals of the season. But these days, retail’s biggest holiday looks a bit different. Stores are opening their doors later, foot traffic is flat, online shopping is up and, in a world where Black Friday begins in September, consumers are wary, unsure if the deals they’re getting…