Zillow: Surprise housing market home-price trend stirs homebuyers

This Black Friday is marked by an increase in the number of shoppers, yet a significant decrease in consumer spending is anticipated. Rising living costs are expected to impact the overall expenditure during this crucial holiday sales period, despite forecasts of record crowds.

US Black Friday shoppers are expected to spend less this year due to rising living costs, despite forecasts of record crowds during the crucial holiday sales period. This trend reflects a tightening of consumer budgets as inflationary pressures persist.

A 49-year-old pub chain has closed over 250 of its restaurants, leaving only 21 operational locations. This drastic reduction highlights the challenges faced by the company, which has struggled with market oversaturation and changing consumer preferences.

Analysts are reassessing Nvidia's stock following recent developments involving Google and Meta, particularly in the AI sector. Nvidia's strong earnings report of $57 billion has initially alleviated concerns about an AI bubble, but competitive pressures from Google and Meta are emerging as significant factors affecting investor sentiment.

A 37-year-old Italian restaurant chain has quietly closed most of its locations, marking the end of a long-standing tradition that has been part of family routines for decades. This closure reflects a broader trend of iconic brands facing expiration as consumer preferences and market conditions evolve.

Ford has lost a $300 million fraud case in California, where the state's stringent consumer protection laws, bolstered by the ballot proposition system, played a significant role in the outcome. This legal framework allows Californians to propose laws and amendments independently of the governor or legislature, highlighting the state's commitment to consumer rights.

Holiday Inn, a global hotel chain with over 1,200 locations, has downgraded a key offering for its visitors, impacting its appeal to frequent travelers who rely on consistent services from their preferred hotel brands. This decision comes as part of a broader strategy that may affect customer loyalty and satisfaction.

An award-winning beer brand has filed for Chapter 7 bankruptcy liquidation, reflecting the ongoing struggles within the craft beer sector, which has seen numerous brewery closures and bankruptcy filings this year. This legal process allows for the liquidation of the company's assets under court supervision, indicating severe financial distress.