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Inflation cant scare off Halloween, with spending on candy, decorations, costumes and accessories expected to reach a record $10.6 billion, topping last years high of $10.1 billion.Participation in Halloween-centric events is anticipated to return to pre-pandemic levels, with 69% of consumers saying they are celebrating Halloween this year, up from 65% in 2021, according to the National Retail Federations annual survey. As consumers continue to return to pre-pandemic behaviors, retailers are prepared to meet that demand and help make this holiday a fun and memorable one, said NRF President and CEO Matthew Shay.聽Learn more: Mastercard Expects Consumers to Spend 7.1% More During HolidaysSurvey respondents said they will likely spend $100 on average for Halloween candy, decorations, cards and costumes. Last year, the average consumer spent a record $103, the second-highest amount in the surveys history.聽There was a slight drop in spending on greeting cards, with spending on costumes accounting for the largest total of Halloween purchases. Child and adult costume spending is
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stanley cup usa t amount since 2017. Pet spending should top 2021s record high, reaching $710 million.Related: Supermarkets Targeting Bigger Holiday SpendThe majority of resp
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UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy people in the country evade taxes.According to a report in Reuters, UBS is facing accusations of laundering the proceeds of
stanley quencher tax fraud and illegally going after clients in France. The allegations stem from a seven-year聽investigation and settlement negotiations that ended between the two. Tax evasion is nothing more than theft against the community, Prosecutor Eric Russo told the court, according to Reuters. Meanwhile,聽Serge Roque, the trials other prosecutor, noted during court proceedings that聽 UBS has deliberately held, handled and managed accounts for people who were evading taxes.UBS has told Reuters that the conclusion of the trial was wrong and that it is contesting the amount of the fines. The PNF National Financial Prosecutors Office has not provided details of the irration
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stanley termos re calculated. The requested fine for UBS AG results from a simplistic approach taking into account the full amount paid by French taxpayers to normalize their situation, UBS said. The report noted that prosecutors also want suspended聽jail sentences of between six months and 24 months for six executives and former executives at UBS, as well as fines from 50,000 euros to 500,000 euros.France isn ;t the only country investigating allegations that the bank helps clients evade taxes. In 2016, The New York Times reported that the Bel