The Thanksgiving shopping weekend may only officially extend five days, but Amazon has been preparing for the busy season — and the rest of the holiday shopping crunch — all year.
By making investments into logistics and other delivery methods, as well as hiring 125,000 full- and part-time workers in addition to 150,000 seasonal workers, the company is confident it can keep things in stock and get items where they need to be. Cheddar News senior reporter Michelle Castillo spoke to global communications director Rena Lunak to find out more.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
