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Holiday shopping kicks off with solid start. Here are the big winners

Holiday shopping kicks off with solid start. Here are the big winners

Omnichannel retailers, who use different venues to reach consumers, and a couple of beauty companies look to be the biggest beneficiaries of Black Friday spending this year, according to Wall Street analysts. Consumer spending during Black Friday this year hit a record, boosted by more promotions than were expected and artificial intelligence-aided shopping tools. U.S….

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Crypto trips up markets’ festive mood

Crypto trips up markets’ festive mood

There’s something about the latest crypto crash that makes it different from previous downturns. Artur Widak | Nurphoto | Getty Images After finishing last month on a strong note, markets stumbled into December, tripped over by the sell-off in crypto.  All three major U.S. indexes snapped their 5-day winning streaks as bitcoin, the world’s largest cryptocurrency, dropped…

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