Marketplace 'Tis the season for credit card debt
27 snips
Nov 28, 2025 In this engaging discussion, Amy Scott, host of How We Survive, explores the innovative world of lab-grown chocolate as a sustainable food option amidst climate change. Meanwhile, Mary Pilon, a journalist and author, dives into the cultural significance of Monopoly, reflecting on its ties to American values around wealth and property. The conversation also touches on rising credit card debt as holiday spending increases, highlighting the financial pressures many families face this season.
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Spending Is Falling Into Income Tiers
- Holiday spending appears strong overall but is increasingly driven by high-income households.
- Jordan Holman highlights that the top 10% are making nearly half of all spending, masking many strained shoppers.
Expect Targeted, Modest Discounts
- Retailers are protecting margins by offering targeted discounts rather than deep across-the-board deals.
- Jordan Holman says expect deals around 27% rather than 40–50% and look for strategic promotions.
Fed Divided Over Inflation Versus Jobs
- Fed decision-making is splitting into two camps focused on inflation vs. labor-market concerns.
- Rachel Siegel notes some policymakers push for cuts worried about jobs while others fear easing amid spreading inflation.
