The Latest Breaking News from Adobe

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

Stock futures gain as markets track China Covid changes; President Biden urges Congress to intervene in rail strike; Disney shares gain after first town hall since Bob Iger's return; Cyber Monday sales hit record as shoppers seek bargains and UnitedHealth dips on muted 2023 profit forecast.

This Black Friday showed "more prominent signs of a budget-conscious consumer" amid recession fears and high inflation, said an Adobe Digital Insights analyst.

More than 166 million Americans are expected to shop over the five days from Thanksgiving Day through Cyber Monday.

Black Friday online sales rose just 2.3% vs. a year earlier, amid a tough economy and long holiday shopping season. Apple products were in demand.

New York (AFP) - US retailers unveiled a trove of fresh promotions Friday, as they try to coax sales from reticent shoppers whose holiday cheer has been tempered by inflation and worries over a softening economy.

Shoppers have already spent $64.59 billion online this holiday season.

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Amazon's Black Friday shopping event promises to be big.