Black Friday sales scam revealed

Published

1 year ago

November 23, 2022

Black Friday is just days away but consumers are being warned to be on the lookout for retail tricks.

For example, it’s now been revealed that just one in seven Black Friday deals are actual discounts.

Consumer groups followed the discounted sale items at major retailers including Amazon. They watched their prices every day, six months before and after the sale.

Of the deals, 98% of them were actually cheaper or the same price at other times of the year, and none were cheaper on Black Friday alone.

Even taking Cyber Monday into account, consumer groups found that 87% of deals had a lower or equal price at another time of the year.

Amazon has been called out as the worst retailer overall for dubious discounts.

Consumers are being advised that finding a real bargain can be like finding a needle in a haystack.

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

4 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending