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Marketplace®

Daily business news and economic stories
Nov 29, 2024

The cost of Christmas past

Nearly half of Americans still have debt from last year’s holiday season. Plus, low gas prices and a snapshot of China’s economy.

The cost of Christmas past
Spencer Platt/Getty Images

Segments From This Episode

  • The Weekly Wrap

    by Kimberly Adams

    “Marketplace” host Kimberly Adams talks with Jordyn Holman at the New York Times and Rachel Siegel at the Washington Post about holiday retail shopping, Trump’s proposed tariff policies, and the outlook on inflation

  • Gas prices tend to fall in the winter because gasoline blends need less refining in cold weather.
    Andrew Harnik/Getty Images

    A sluggish crude oil market, moderate global demand and healthy U.S. refining capacity have combined to drive down fuel costs

  • Shoppers line up for local food specialties in central China's Changsha city. The food business has been struggling, but cosmetics, sports and recreational products sold well in October.
    Charles Zhang/Marketplace

    Retail sales growth was the highest in eight months in October, but the property slump continues.

  • "Holidays are No. 1 in terms of a big spending spike,” notes Ted Rossman of Bankrate.
    Frederic J. Brown/AFP via Getty Images

    The proportion has doubled since last year. Amid constant advertising, more people have credit card balances and those balances are rising.

  • Students at the University of Michigan use a large rolling bin to move out of their dorm.
    Gregory Shamus/Getty Images

    “You could teach the entire history of American architectural style just using dormitories,” says Carla Yanni of Rutgers University.

Music from the episode

The Team