Morning Brew ☕️
@MorningBrew
Followers
548K
Following
27K
Media
22K
Statuses
49K
Everything you need to know about the world of business and the business of the world. ☕️
New York, NY
Joined March 2015
More Americans are getting their power shut off as utility debt surges. Electric bills are rising fast (three times the rate of inflation), and shutoffs are spiking across the country. Some areas, like NYC, saw 5x more disconnections this year than last year. As for why,
11
28
162
Major retailers when kids want to hold on to the little savings they have:
2
2
21
"The money expands the number of children who will receive seed money for the investment accounts, known as “Trump accounts.” The federal government will give $1,000 to babies born between Jan. 1, 2025, and Dec. 31, 2028." OneDell Release: https://t.co/V9qgRhAH9o More here,
onedell.com
This contribution will fund $250 deposits for children ages 10 and under, expanding early access to investment accounts powered by Invest America.
0
0
3
Michael and Susan Dell's historic donation: • $6.25 billion total • 25 million US children • $250 gift to each account Children 10 and under in ZIP codes with median household incomes below $150,000 will be the first eligible
3
0
29
"The use of 'buy now, pay later' services hit an all-time high on Cyber Monday, driving $1.03 billion in online spending, up 4.2% year-over-year"
US online shoppers spent a record $44.2 billion over Thanksgiving weekend, per Adobe Analytics Online Shopping, by day: • Black Friday - $11.80 billion (record) • Cyber Monday - $14.25 billion (record) Spending rose 7.7% from last year over the 5-day period
2
4
65
"AI-linked traffic to U.S. retail sites increased by 670% on Cyber Monday, while during Black Friday it was up 805% compared to last year, according to Adobe data." More here, via Reuters:
reuters.com
U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend to $44.2 billion, according to an Adobe Analytics report, as consumers lapped up offers on...
0
0
3
US online shoppers spent a record $44.2 billion over Thanksgiving weekend, per Adobe Analytics Online Shopping, by day: • Black Friday - $11.80 billion (record) • Cyber Monday - $14.25 billion (record) Spending rose 7.7% from last year over the 5-day period
2
1
28
.@Scotts_MGro's President & COO Nate Baxter on how AI-powered forecasting and demand modeling let the company shift spending and resources city-by-city based on weather and dozens of other factors. $SMG Watch the full episode: https://t.co/M6Fy9gF9DX
0
2
6
You can't break down Smucker's $SJM earnings without talking Twinkies and Uncrustables In fact, execs see the explosion in popularity of Uncrustables accelerating sales and eventually bring in $1 billion That's right, you're looking at a billion dollar PB&J
5
6
44
.@AnnBerry_NYC is joined in-studio by Nate Baxter, President & COO of @Scotts_MGro. They discuss how the 160-year-old company is modernizing its iconic brands, balancing innovation with sustainability, and sunsetting its cannabis subsidiary. Nate explores shifting consumer
0
4
13
Adobe expects "Buy Now, Pay Later" sales this holiday season to reach a record $20.2 billion, up 10.9% from 2024 BNPL sales, by year: • 2022: $14.5 billion • 2023: $16.6 billion • 2024: $18.2 billion • 2025: $20.2 billion
5
5
99
Is $140k the new $36k when it comes to American poverty?
0
5
15