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Retail Sales Rose 0.8% in September, but Gas Did Most of the Work. What It Means for the Holidays

Shoppers spent more than expected in September, but gas stations accounted for about 71% of the increase. Here is how to read the report, and why the NRF’s $1 trillion holiday forecast comes with a price-tag asterisk.

Halloween 2026 by the Numbers: A Record $13.5 Billion, and Shoppers Hunting for Value

Americans plan to spend a record $13.5 billion on Halloween this year, according to the National Retail Federation. Here is where the money goes, who is shopping early and how families are stretching budgets.

Big Batteries Now Beat Gas Peaker Plants on Cost in Every Market Studied

Wood Mackenzie finds four-hour battery storage is cheaper than gas peaking plants in all 43 markets it compared. In the US, tariffs cloud solar costs while data centers strain gas supply.

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AI Still Struggles With Small Business Bookkeeping, a New Benchmark Finds

In tests on 2,000 real transactions, the best general AI models categorized only about 80% correctly, no better than a human seeing the books for the first time. The study comes from a vendor with its own product to sell.

Apple Reportedly Cuts iPhone 18 Pro Orders as Pricier Phones Meet Softer Demand

Nikkei Asia reports Apple trimmed October component orders for the iPhone 18 Pro and Pro Max by at least 15% after a $100 price hike tied to soaring memory costs.

Social Security’s 2027 Raise Arrives Wednesday. Forecasters Expect About 3.5%

The Social Security Administration will announce the 2027 cost-of-living adjustment on Oct. 14. Estimates point to 3.5% to 3.6%, the largest raise in three years.

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Waymo Takes Out Its First-Ever Loan, Borrowing $5 Billion to Expand Robotaxis

Waymo has closed a $5 billion term loan led by PIMCO, Blackstone and Sixth Street, its first debt deal, to speed robotaxi expansion in the U.S. and abroad.

Consumer Sentiment Slides Toward a Record Low as Prices Bite. Here’s What the Numbers Mean

The University of Michigan’s sentiment index fell to 46.3 in early October as views of current conditions hit an all-time low. Here’s what’s behind the gloom and whether it will dent spending.

Most Small Business Owners Say 2026 Is Going Well. Their Economic Worries Are Growing Anyway

A new SBE Council survey finds 81% of small business owners are meeting their 2026 goals, but worries about inflation, energy costs and recession have climbed since February.

Prime Big Deal Days Drove $9.86 Billion in Online Sales, With Shoppers Stocking Up on Basics

U.S. online sales hit $9.86 billion during Amazon’s Oct. 6–7 sale, up 8.5%, but the average order was under $50 and fewer shoppers bought holiday gifts.

Cybersecurity Awareness Month: A Basic Checklist for Small Businesses

October is Cybersecurity Awareness Month. These basics from the FTC and CISA — updates, backups, MFA, strong passwords and a response plan — are a solid starting point for any small business.

Mortgage Rates Climb to 7.40%, the Highest in Nearly 3 Years

The average 30-year mortgage rate rose for a seventh straight week to 7.40%, its highest since November 2023. Here’s why, what it costs, and what buyers can do.

Fed Minutes Say the AI Building Boom Is Adding to Inflation

Minutes from the Fed’s September meeting name AI spending as an inflation driver, and most officials expect another rate hike by year end.

Why AI Is Making Your Next Phone and Laptop Cost More: The Memory Chip Squeeze, Explained

AI data centers are swallowing the world’s memory chips, pushing up prices for phones, laptops and tablets. Here’s what’s going on and what it means for shoppers.

Holiday Shoppers Plan to Spend, but Half Expect to Borrow to Do It

A new ICSC survey finds most Americans plan to spend at least as much on the holidays as last year, but about half expect to borrow money to do it.

Small Businesses Pulled Back on Hiring in September, Two Reports Show

Fewer small business owners tried to hire in September, and the smallest firms shed a few thousand jobs, even as their sales rose, new NFIB and QuickBooks data show.

Service Businesses Kept Growing in September, but Prices Rose at the Fastest Pace Since 2022

The ISM Services PMI slipped to 54.9% in September, still solidly in growth territory, while its prices index hit 74%, the highest since July 2022.

Small Business Sales Rose in September, but Customers Bought Fewer Things

Small business sales rose 2.2% from a year earlier in September, according to the Fiserv Small Business Index, but transactions fell 2% as shoppers paid more per purchase.