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Texans are scrambling for cover Saturday as reports of tornadoes roll in and much of the central US readies for heavy rain, strong winds and large hail.More than 70 million Americans are under the threat of severe weather from Texas to southern Minnesota, CNN meteorologist Haley Brink said. That total on Sunday jumps to 80 million under threat as storms are predicted to move into the Great Lakes area.A tornado destroyed two homes Saturday morning in Comanche County, Oklahoma, southwest of Oklahoma City, said Ashleigh Hensch, an emergency management spokeswoman there. A tornado in Abilene, in central Texas, caused "widespread damage," 654
The mad scramble between Thanksgiving and Christmas just got six days shorter.Black Friday once again kicks off the start of the holiday shopping season. But with six fewer days than last year, it will be the shortest season since 2013 because Thanksgiving fell on the fourth Thursday in November — the latest possible date it could be. That means customers will have less time to shop and retailers will have less time to woo them.Adobe Analytics predicts a loss of billion in online revenue from a shortened season. Still, it expects online sales will reach 3.7 billion, up 14.1% from last year’s holiday seasonThe National Retail Federation, the nation’s largest retail trade group, baked the shorter season into its forecast, but it says the real drivers will be the job market. It forecasts that holiday sales will rise between 3.8% and 4.2%, an increase from the disappointing 2.1% growth seen in the November and December 2018 period that came well short of the group’s prediction.Last year’s holiday sales were hurt by turmoil over the White House trade policy with China and a delay in data collection by nearly a month because of a government shutdown. This year’s holiday forecast is above the average holiday sales growth of 3.7% over the previous five years.NRF expects online and other non-store sales, which are included in the total, to increase between 11% and 14%, for the holiday period.Black Friday is expected to once again be the largest shopping day of the season, followed by the last Saturday before Christmas, according to MasterCard SpendingPulse, which tracks spending across all types of payments including cash and check. Thanksgiving Day isn’t even on the top 10 holiday shopping days, according to MasterCard.The 2019 holiday season will be a good measure of the U.S. economy’s health. Many retail CEOs describe their customers has financially healthy, citing moderate wage growth and an unemployment rate hovering near a 50-year low.“The overall picture is positive,” said Craig Johnson, president of Customer Growth Partners, a retail consultancy. “People are spending out of positive cash flow as opposed to borrowing.”Economic growth has moderated since earlier this year, with growth at just 1.9% in the July-September quarter, down from 3.1% in the first three months of the year. Analysts blame at least part of that on the U.S.-China trade war, which has forced many companies to delay plans to invest and expand.That’s left consumers as the main drivers. So far, Americans have kept up their spending, allaying fears of a recession.With more holiday deals happening earlier to compensate for the late start, many have already started to shop. More than half of consumers have already started their holiday shopping and nearly a quarter of purchases have already been made, according to the annual survey released by the NRF and Prosper Insights & Analytics. The survey of 7,917 adult consumers was conducted Oct. 31 through Nov. 6.“This is further evidence that the holiday season has grown far beyond the period between Thanksgiving and Christmas,” said Matthew Shay, president and CEO of NRF, in a statement. 3173
The coronavirus pandemic has upended the lives and finances of millions. A federal relief package aiming to provide payments to distressed consumers is on the way — but that money is not likely to land for a number of weeks.While you’ll have to wait for whatever money you might be eligible for, now is the time to prep your finances and plan. The best use of this money depends on your individual circumstances. Here’s how to think it through.Do this prep work, regardless of your situationThis is the time to examine your money situation and build savings, if possible. The fallout from the pandemic may continue for some time. Taking even small steps can help you feel empowered and less stressed.First, take stock of your regular expenses, such as housing costs, car loans and credit card or other debt payments. A 831
The Jeep Wrangler is one of the most popular SUVs in the country — and the world.But lately, a growing number of owners have been raising questions about the frames under those vehicles. And they don't know if a recent recall of some models is enough to fix the issues.Benjamin Rutter's 2019 Jeep Wrangler is spotless. But when this Jeep enthusiast was recently cleaning the underside after a drive, he was puzzled."These welds are nowhere near what I expected," he said.Rutter knows a bit about welding and saw what looked to him like breaks in what should have been a solid weld."You've got an inch or so of completely missed bead on this part of the rear frame," he said.He is concerned about what could happen down the road."My biggest fear is if I went off-roading," he said, "and did a full flex on the wheels, that frame rail could completely pop." 867
The Florida man accused of sending mail bombs to CNN offices and prominent Democrats pleaded guilty on Thursday in Manhattan federal court to 65 felony counts, including using weapons of mass destruction in an attempted domestic terrorist attack.Cesar Sayoc, 57, admitted in court to having mailed 16 explosive devices to a variety of officials -- primarily Democrats, including former Presidents Barack Obama and Bill Clinton and Sens. Cory Booker and Kamala Harris; and major Democratic donors, including George Soros and Tom Steyer -- and to CNN's offices in October 2018.None of the devices detonated and no one was injured. After 647