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FULL SHOW 11/16/2022: Shop on Black Friday or hold out for bigger deals?
15:00 - Source: CNNBusiness
Economy 15 videos
20221115-markets-now-sonders-telsey-ives
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FULL SHOW 11/16/2022: Shop on Black Friday or hold out for bigger deals?
15:00
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MIRAMAR, FLORIDA - OCTOBER 27: In this aerial view, single family homes are shown in a residential neighborhood on October 27, 2022 in Miramar, Florida. The rate on the average 30-year fixed mortgage hit 7.08%, up from 6.94% the week prior, according to Freddie Mac. Mortgage rates surpassed 7% for the first time since April 2002. (Photo by Joe Raedle/Getty Images)
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A person prepares to pump gas at a BP gas station on Coney Island Avenue on October 19, 2022 in the Flatbush neighborhood of Brooklyn borough in New York City. President Joe Biden announced the sale of an additional 15 million barrels from the Strategic Petroleum Reserve. The announcement was made three weeks before the Midterm Elections and the move is expected to meet the administrations goal of releasing 180 million barrels from the Strategic Petroleum Reserve to counter the rising gas prices due to Russia's invasion of Ukraine.
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Is the economy as bad as it seems? Maybe not
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Customers browse racks of clothing as they shop inside a discount department retail store in Las Vegas, Nevada, on May 7, 2022. - The US economy added a better-than-expected 428,000 jobs in April, with the unemployment rate remaining at a low 3.6 percent, the Labor Department reported. The data pointed to continued strong employment growth and contained hints that some inflationary pressures may be easing, with workers' wages rising less than in March. But investors remain anxious that rising prices and higher interest rates will hit consumers, slowing the economy's expansion in the second half of 2022. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
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CNN reporter shows what consumer price growth means for inflation
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CNN Business  — 

Inflation has weighed on Americans for much of this year. The Federal Reserve has taken action to bring down high prices, but at the potential cost of slowing the economy.

That has meant we’re entering the 2022 holiday shopping season in a period of economic uncertainty.

How are you planning to navigate this time? Will you be leaning more on credit cards, taking on additional work, changing up your shopping patterns, or just buying less?

We want to hear from you. Share your plans for this holiday shopping season below and CNN Business may reach out to you for a potential story.