Sales

Double-Digit U.S. Home Price Growth Streak Skids to an End

Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further stifled demand, a pair of closely watched surveys showed on Tuesday.

Holiday Sales Up 7.6% In 2022 — But Outpaced by 8.5% Inflation

Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure.

‘Kidults’—Adults Buying Toys for Themselves—Are Biggest Source of Growth for Toy Industry: Market Research

Kidults, a consumer group aged 12 and older, contribute around $9 billion in toy sales annually and drive growth in the toy industry, according to data from the NPD Group.

Amazon, FedEx, Post Office Warn of Delivery Delays as Winter Weather Persists

Last-minute Christmas shoppers may be left in the cold as major delivery services announce delays as a result of severe winter weather.

Toyota CEO Says ‘Silent Majority’ Doubts Pursuing Only EVs

“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”

Canada Moves to Mandate 60 Percent Electric Vehicle Sales by 2030

By 2026, a fifth of new passenger vehicles sold in Canada will have to be zero-emission, according to regulations proposed by Environment Minister Steven Guilbeault on Wednesday.

Biden Admin Investing $9.6 Billion to ‘Electrify’ U.S. Postal Service Fleet

This includes a commitment to acquire 100% electric delivery vehicles starting in 2026, as well as the installation of charging infrastructure at USPS facilities and the electrification of 66,000 delivery vehicles.

Child Firearm Injuries Surged During COVID-19 Quarantines

Children’s hospitals experienced a “significant” surge in kids injured by guns during COVID-19 quarantines, with Black children leading the increase, a new study has found.

Fauci, Other Gov’t Officials to Face Scrutiny Over Actions Connected with COVID Pandemic

The House Oversight Committee is taking a deep dive into the events surrounding the COVID-19 pandemic, and Rep. James Comer (R-KY) says they are starting from the bottom and working their way up.

Giuliani Drops Names of Republicans Who Allegedly Didn’t Share Hunter Biden Laptop Info

Former New York City Mayor Rudy Giuliani claims he tried to give Hunter Biden’s laptop to a few prominent Republicans, but they refused to report on it.

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