Americans are sacrificing to afford holiday gifts this year. Here’s how

Visa released its 2026 Holiday Spending Outlook report, and it found while consumers put travel at the top of their holiday shopping list, they plan to spend the bulk of their money this season on gifts. The survey also found a real difference in who is traveling, and in overall holiday spending based on income levels, as Americans face high inflation and increasing cost of living. More than half of surveyed shoppers say they’d prefer to travel and go to live events—but only 15% are...