33°F
weather icon Clear

Cyber Monday sales top $1 billion for first time

NEW YORK -- Americans jumped on deals and promotions offered online on Cyber Monday, spending $1 billion and making it the busiest online shopping day ever, according to new data. Research firm comScore Inc. says revenue rose 16 percent from a year ago to $1.03 billion on the Monday after Thanksgiving, the first one-day spending total above $1 billion ever. Still, analysts cautioned that better results in stores and online during the busy Thanksgiving weekend don't necessarily mean the whole holiday period will be strong.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Car slams into Detroit airport entrance, 6 injured

A car crashed through the entrance of the Detroit Metropolitan Wayne County Airport, striking a ticket counter and injuring six people, airport officials said.

MORE STORIES