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Holiday Spending To Drop For First Time In Five Years, Survey Expects Holiday Spending To Drop For First Time In Five Years, Survey Expects
Holiday Spending To Drop For First Time In Five Years, Survey Expects Holiday shoppers are expected to spend less in 2025, marking the first decline since the COVID-19 pandemic, according to a new survey. PricewaterhouseCoopers released its 2025 Holiday Outlook on Wednesday, Sept. 3. The financial firm found that Americans plan to spend an average of $1,552 over the holidays, down 5% from 2024. Gift budgets are taking the biggest hit, dropping 11% to $721, as consumers pull back on shopping amid President Donald Trump's widespread tariffs. "People are going to keep shopping, but with continuing concerns about tariffs and elevated prices (especially on electr…

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by Chris Spiker
Business
Deadly Choking Risks In Fake Labubu Dolls Spark 'Urgent Safety Warning' Deadly Choking Risks In Fake Labubu Dolls Spark 'Urgent Safety Warning'
Deadly Choking Risks In Fake Labubu Dolls Spark 'Urgent Safety Warning' Federal regulators are issuing an "urgent safety warning" about counterfeit Labubu dolls, which can break and pose choking hazards to children. The Consumer Product Safety Commission gave the warning about the fakes commonly referred to as "Lafufus" on Monday, Aug. 18. The counterfeit Lafufus can be found in stores and online. The dolls, which are sold as plush figures and keychains, are small enough to fit entirely in a child's mouth. According to the CPSC, some counterfeits break apart easily, releasing small pieces that can lodge in a child's throat. Thousands of knockoffs have alr…

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by Chris Spiker
News
Walmart Just Crashed Prime Day’s Party With Its Biggest Summer Sale Yet Walmart Just Crashed Prime Day’s Party With Its Biggest Summer Sale Yet
Walmart Just Crashed Prime Day’s Party With Its Biggest Summer Sale Yet Move over, Prime Day. Walmart is heating up July with a big summer sale. The six-day Walmart Deals summer savings event kicks off online at 12 a.m. EDT on Tuesday, July 8, and runs through Sunday, July 13, both online and in-store. While Walmart+ members get early access starting Monday, July 7 at 7 p.m. EDT, shoppers looking for a head start can also check out Walmart’s July 4th sale, already live with early savings on tech, summer gear, and more. Walmart’s deals span a wide range of everyday categories, including home goods, school supplies, beauty, toys, and fashion. And, unlike Amazon’s…

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by Vira Mamchur Schwartz
Business
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…

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by Chris Spiker
Business
Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports
Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports Smartphones, shoes, toys, and cookware are just a few of the Chinese-made goods that could soon cost more as the Trump administration ramps up its trade war with China. A new Washington Post analysis highlights the impact of rising tariffs on consumer products widely used across the United States.  China is the second-largest exporter of goods to the US, shipping nearly $439 billion in products last year.  That includes a wide range of items found in everyday homes—many of which are now directly in the tariff crosshairs. Among the top targets: Smartphones ($41.3B in imports), …

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by Joe Lombardi
News
LeBron James Joins Barbie World With First-Ever 'Kenbassador' Doll LeBron James Joins Barbie World With First-Ever 'Kenbassador' Doll
LeBron James Joins Barbie World With First-Ever 'Kenbassador' Doll Aside from Ken, can you name another male member of the Barbie family? No?  Blaine, Derek, Alan—not ringing any bells? Maybe this one will: LeBron James. James joins Elvis Presley, Frank Sinatra, David Bowie, Elton John, and many other celebrities—both male and female—whom Mattel has immortalized as dolls. But the Barbie Signature LeBron James Kenbassador Doll marks a bold first: He’s not just another celebrity figure—he’s the first to earn the title “Kenbassador,” a nod to men who lead, inspire, and make their mark far beyond the spotlight. The doll, which celebrates the NBA superstar…

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by Vira Mamchur Schwartz
News
Egg Teethers Crack In Babies' Mouths, Sparking Huge Brunch-Themed Stroller Toy Recall Egg Teethers Crack In Babies' Mouths, Sparking Huge Brunch-Themed Stroller Toy Recall
Egg Teethers Crack In Babies' Mouths, Sparking Huge Brunch-Themed Stroller Toy Recall More than a quarter-million brunch-themed stroller toys have been recalled after babies were found with broken pieces of the toy egg in their mouths. Fisher-Price issued the recall for about 253,000 Brunch & Go Stroller Toys, the Consumer Product Safety Commission said on Thursday, April 10. About 4,500 toys were also sold in Canada. The toy features pretend avocado toast with a mirror tomato, crinkle bacon, and an egg teether. Fisher-Price said the egg's yellow yolk can crack, creating small parts that pose a choking hazard to young children. Five incidents have be…

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by Chris Spiker
Business
Brace For Higher Prices: Here’s What's Expected To Cost More Due To Trump’s Tariffs Brace For Higher Prices: Here’s What's Expected To Cost More Due To Trump’s Tariffs
Brace For Higher Prices: Here’s What's Expected To Cost More Due To Trump’s Tariffs As President Donald Trump embarks on a sweeping worldwide trade war, American consumers are bracing for a significant financial impact that is expected to go well beyond sinking stocks. The administration’s newly announced tariffs, set to take effect almost immediately, will raise prices on a broad spectrum of goods, leaving households to wonder just how much more they will pay at the register. The impending tariffs are expected to affect nearly all imports, with a minimum 10 percent increase on goods from various countries.  However, the most substantial hikes will target products fr…

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by Joe Lombardi
Business
Gotta Build 'Em All! Lego Releasing Pokémon Sets In Multi-Year Partnership Gotta Build 'Em All! Lego Releasing Pokémon Sets In Multi-Year Partnership
Gotta Build 'Em All! Lego Releasing Pokémon Sets In Multi-Year Partnership Pokémon fans will soon be able to catch 'em all — one Lego brick at a time.  The Lego Group and The Pokémon Company International will begin a multi-year partnership, the companies announced in a joint news release on Tuesday, Mar. 18. The first official collaboration between the two global brands will bring Lego Pokémon sets to stores in 2026. While this is Pokémon's first partnership with Lego, the franchise has previously teamed up with Mega Bloks, a competing building toy brand owned by Mattel. The shift to Lego marks a major move for Pokémon, expanding its brick-built univers…

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by Chris Spiker
Business
New Barbie Dolls Honor Team USA Gymnasts, Famous Friends As Role Models To Empower Girls New Barbie Dolls Honor Team USA Gymnasts, Famous Friends As Role Models To Empower Girls
New Barbie Dolls Honor Team USA Gymnasts, Famous Friends As Role Models To Empower Girls An iconic doll is celebrating International Women's Month by honoring powerful female friendships with one-of-a-kind toys, aspiring to show young girls the importance of empowering each other. Barbie will recognize four dynamic duos with "role model" dolls made in their likeness, Mattel said in a news release on Tuesday, Mar. 4. The dolls' release ties into International Women's Day, which is on Saturday, Mar. 8. The initiative spotlights the strength of female friendships and aims to inspire young girls to embrace supportive relationships. "One of the greatest tools that a girl can have i…

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by Chris Spiker
News
Toy Hall Of Fame 2020 Nominees Include Color-Barrier Breaking Doll, Tamagotchi, Risk Toy Hall Of Fame 2020 Nominees Include Color-Barrier Breaking Doll, Tamagotchi, Risk
Toy Hall Of Fame 2020 Nominees Include Color-Barrier Breaking Doll, Tamagotchi, Risk This year’s finalists to be inducted into the National Toy Hall of Fame include a doll that broke the color barrier, anatomically-correct horses, sidewalk chalk, and Lite-Brite. The Toy Hall of Fame is part of the National Museum of Play in Rochester, New York. Every year, the hall inducts three new toys. To have an impact on the winners in November, people can vote for their favorite toy. Voting can be done now through Sept. 16. Toys are judged on various criteria to make it into the hall of fame: icon status, longevity, creativity, and innovation. The hall of fame was founded in 1998. Th…

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by Kristin Palpini