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Goldman Sachs sees significant shift in AI labour market

Filed Under: SUCCESS, The Street

For most of the past two years, worries about artificial intelligence and jobs centered on software engineers, coders and young tech workers. That picture is getting a lot wider. Goldman Sachs economist Jan Hatzius now says AI’s impact on employment is starting to show up in industries far from Silicon Valley.

The timing is awkward for investors. Tech stocks slid on October 22 as fears grew that the AI investment boom may have peaked. Now the same technology that powered the rally is raising harder questions about paychecks, spending and growth heading into 2027.

Goldman Sachs says AI is hitting jobs well beyond tech

The core finding is fairly simple. Across U.S. non-manufacturing industries, companies that lean more on AI in their regular business functions are seeing weaker employment growth and higher unemployment, and both links are statistically significant, according to Seeking Alpha. Goldman measured both outcomes against their 2015 to 2019 averages, using the latest three-month readings.

Also read: Goldman Sachs sends a stern warning to stock market investors

A separate note from Goldman economist Joseph Briggs, dated October 22, points in the same direction. Employment in the industries most exposed to AI has slipped about 10,000 jobs below its long-term trend over the past three months, although stronger hiring in AI-related construction has largely offset that gap.

The pain is not landing evenly, either. In an August 19 report examining employment growth across more than 800 occupations, Goldman found that AI-related hiring headwinds were strongest for entry-level workers.

Corporate America is starting to act on it. American Express said on October 23 that it would eliminate about 5% of its global workforce, with CEO Stephen Squeri saying the company is using AI to become more agile and efficient. A credit card company, not a chipmaker, is exactly the kind of spread Hatzius means.

Solid labour markets hide a slow, steady drag

Hatzius was careful not to oversell the alarm. Taken as a whole, he said, labor markets in developed economies are still holding up, and Goldman has not backed away from its view that AI spending will eventually pay for itself through improved productivity and higher profits across the economy. 

The uncomfortable part is how that happens. Some of the payoff comes from companies needing fewer workers, and the bank admits that process hurts the economy before it helps.

Briggs has been tracking that drag for months. In July, he said AI tools were already pulling between 10,000 and 15,000 jobs out of monthly payroll growth, mostly in tech, management consulting and graphic design. He also estimated that AI could displace roughly 9% of American workers over the next decade.

The monthly picture has shifted since then. Goldman’s research showed AI was replacing more jobs each month than it created through new, adjacent roles, but the net gap narrowed by June as data-center construction hiring picked up. In other words, the AI building boom has been quietly covering for AI’s job losses elsewhere.

That cushion may not last. Only 23% of U.S. establishments currently use AI in their regular workflows, suggesting most of the disruption is still ahead and that an economic downturn could accelerate automation and layoffs, according to Investing.com. Goldman’s baseline still calls for a gradual rise in AI-related disruption rather than a sudden shock.

Goldman found AI-related hiring headwinds were strongest for entry-level workers.Bloomberg / Getty Images

The AI spending boost is close to its peak

The second half of the note may matter even more for markets. Goldman said the growth impulse from the AI boom was already set to peak in late 2026 or early 2027, even before recent doubts about the investment boom intensified. AI investment is still rising fast, but its increase as a share of GDP should slow over the next twelve months, while the fading lift from last year’s bigger U.S. depreciation allowances also weighs on capital spending.

Goldman’s own strategists see a similar pattern. They expect the five largest U.S. hyperscalers to continue raising AI spending, but capex growth is projected to decline sharply in 2027 and again in 2028. The bank also estimates these companies need roughly $300 billion in annual AI revenue just to break even.

Investors have already started to price in that slowdown. Tech stocks fell on October 22 after Meta increased its capital spending guidance and Tesla cut its full-year capex guidance by $5 billion. Capital.com analyst Kyle Rodda said the worry had flipped from hyperscalers spending too much to investment growth slowing down.

More Goldman Sachs:

Goldman Sachs rethinks U.S. economy as interest rates stay higher

Goldman Sachs spills the beans on what’s next for S&P 500

Goldman Sachs sees big change coming for interest rates

Financing costs add another layer. The 10-year Treasury yield climbed to its highest level since 2002 in early October, and Fed Chair Kevin Warsh has acknowledged that hyperscalers raising money in the bond market are adding to competition for capital, according to TheStreet. The largest hyperscalers have shrugged off higher funding costs so far, but smaller AI players are far more exposed.

Consumers may lose a quiet tailwind

Households have been riding the AI boom, too. Goldman estimates that gains in AI-related stocks have quietly lifted consumer spending, and Hatzius expects that support to fade over the next year, gradually if the bank’s fairly upbeat stock outlook plays out and more sharply if AI stocks keep falling.

Consumers are not in great shape to absorb that hit. U.S. consumer sentiment slipped to near a record low in October as rising prices tied to the Middle East conflict soured views of the economy.

So what should workers and investors actually watch? Not the jobless rate, which tends to pick up the damage late. Adoption rates and entry-level hiring are the better early warning signs. Right now, those are the places where the strain is showing, from American Express trimming staff ahead of its AI push to younger workers struggling to get hired.

Related: Goldman Sachs has a new warning for the housing market for 2027

Boeing CEO admits 737 ramp taking longer than hoped

Filed Under: SUCCESS, The Street

Two years ago, Boeing was coming out of a strike, its commercial factories were producing zero airplanes, and the company had to restart from a standstill.

Now it is building 38 jets a month and reaching for 47. However, the production ramp is not going as expected, according to CEO Kelly Ortberg during Boeing’s (BA) third-quarter earnings call on Oct. 27. 

Boeing’s 737 ramp hits speed bump

Boeing’s final assembly line, where wings and fuselages come together into a finished 737, is running well. 

Also Read: New Boeing MAX 10 with special safety upgrade approved to fly travelers

Ortberg said rework has dropped by 40% since the start of last year, suggesting improved operational efficiency. 

Ortberg also said at Morgan Stanley’s Laguna Conference on Sept. 16 that Boeing sustained its key metrics as it raised production. 

However, the trouble starts before the jets reach the final assembly.

More Airlines:

Another low-cost airline files for bankruptcy protection

JetBlue, Southwest Airlines, and Allegiant make pricing move

Southwest Airlines kills routes to multiple markets

Boeing builds every wing for its 737 in Renton, but production is not running as expected. It is the primary reason why the airline manufacturer has not been able to scale up to 47 jets a month. 

To jump from 42 jets a month to 47, Boeing introduced fixes intended to speed up wing production, but they have not worked. 

Ortberg explained: 

“Some of those flow enablers just flat out did not yield the flow savings. Some did, some didn’t.”

So Boeing is adding capacity and trying new fixes. Ortberg emphasized that the wings are the problem rather than the engines. 

Notably, things look different on the 787, where engine issues are affecting deliveries. 

What stands between Boeing and Rate 52

Boeing’s financial plan now targets 52 jets a month in the back half of 2027. Before Boeing can achieve this production target, it has to ensure:

Wing production in Renton must hold steady at the current pace.

The new north line in Everett must be certified and producing.

Fuselages from Wichita must be stable at higher rates.

The new north line in Everett is a key piece of the production puzzle. The line is brand new, so Boeing must first prove it can build jets safely and to standard. 

The company also plans to build four airplanes there to certify the line. Ortberg said that effort is going well, and the first 737 MAX 10 rolled out of Everett the day before the call.

Related: New Boeing MAX 10 with special safety upgrade approved to fly travelers

Ortberg said at the Sept. 16 Laguna Conference that Everett has an edge on the MAX 10. The jet is longer, and Boeing can’t line up MAX 10s nose to tail in Renton, but it can do so in Everett, which gives the company more flexibility with its product mix. 

Boeing is building fuselages slower than final assembly on purpose, to burn down inventory. Ortberg also said new safety and quality work there has slowed output a bit.

“As I’ve said many times before, it’s more important that we do this ramp right than what particular month we achieve a rate break,” Ortberg said.

CFO Jay Malave added that investors should expect longer gaps between future rate increases. 

How the delay shows up in the numbers

Boeing’s third-quarter revenue was $24.2 billion, up 4%, while it reported an operating margin of 1.5%. It reported a per-share loss of $0.34, even as free cash flow was positive at $464 million. 

The commercial airplane unit delivered 161 airplanes in the quarter, including 124 737s and 22 787s. 

The segment reported a negative margin of 6.5%, a significant improvement year over year, compared with a 777X charge that impacted profitability last year. 

Malave said 737 deliveries will come in shy of the 500 target this year.

The FAA certified the 737 MAX 7 in July and the MAX 10 last week. Boeing has already built some of those jets and expects about 30 of them to be delivered next year. 

It ended Q3 with a record total backlog of $745 billion.

The cash flow plan is delayed

At Morgan Stanley’s Laguna Conference, analyst Kristine Liwag told Malave that Wall Street expected Boeing to report a free cash flow of $6.2 billion in 2027. 

However, Boeing expects to report a free cash flow of $3 billion in 2027, $6 billion in 2028 and $10 billion in 2029. 

Malave explained why 2027 stays modest. 

Boeing paid about $700 million to the Department of Justice in a settlement this year, and that payment will not repeat. Malave called it a $700 million benefit to next year’s cash flow.

That means most of the $1 billion step up from 2026 to 2027 comes from a one-time bill going away and not from core operations. 

Moreover, customer deposits will fall by a few billion dollars, and capital spending will rise to about $5 billion, up $1 billion.

The plan also assumes the 777X is certified by the middle of 2027. 

The 787 offers a mixed picture. Production is stable at eight a month, and Boeing still plans to start moving to ten this year. 

Boeing CEO Kelly Ortberg says the company is wrestling with production issuesBloomberg / Getty Images

My take: slow is the right call

Promising a faster production rate is easy, but Boeing needs to deliver on these promises and regain investor confidence. 

I would watch four things: wing output in Renton, the Everett north line, Boeing’s 777X flight test approvals, and 787 engine deliveries. 

The risk is that so many pieces must land on time. A supplier problem has already disrupted the 777 freighter and 767 tanker lines, Malave said. 

Shipments have restarted, but the gap will take a few quarters to clear the factories. Malave said the extra cost will impact Boeing’s results over the next 12 months. 

Still, Ortberg said the range of outcomes is narrowing. If wings stabilize, Rate 52 should be the norm at Boeing.

More Stocks NewsDown 82% from all-time highs, can PayPal stock finally recover in 2027?Analyst revamps SK Hynix stock price target after blockbuster earningsOracle has a spending question its new chip deals can’t answerCelestica sees 2027 sales nearly doubling to $40 billion

#1 Reason Americans Cancel Credit Cards

Filed Under: Clark Howard, SUCCESS

Have you been considering canceling a credit card recently?

Proceed with caution. There are credit score-related reasons to keep your old credit card accounts open. Doing so can help your credit utilization ratio and credit history length. In fact, keeping old credit card accounts open and keeping all cards active are two of money expert Clark Howard’s seven rules for using credit cards.

But there are times that getting rid of a credit card is the RIGHT decision.

As part of its annual cardholder survey, CardRatings asked Americans about the top reasons they would cancel their credit cards.

The top answers are all valid reasons to consider cancellation. Let’s take a closer look at the results and why these reasons may be worth forgoing the credit-related benefits of keeping credit card accounts open.

Top Reasons Americans Are Considering Canceling Credit Cards

Of the American credit cardholders surveyed by CardRatings, these are the top reasons cited for canceling a credit card in 2026:

1. A Fee Increase

The survey’s top answer for considering canceling a credit card is an increase in the card’s annual fee.

This is a really smart answer.

Many people are paying exorbitant annual fees for travel credit cards with perks that they just don’t use often enough to justify. This is why Team Clark recommends that most people stick to cash back credit cards with no annual fee.

If you’ve identified a card that is costing you more in annual fee than it is providing you value in your daily life, there are a couple of things you can consider BEFORE pulling the plug and permanently closing the account:

Seek a card downgrade. Many of the high-fee travel cards have a sibling credit card that offers a small batch of cardholder benefits at a lower annual fee. Some of them even have no-annual-fee cards in the “family” that you can downgrade to without any penalty.

Ask for a product change to a no-annual-fee card. If your high-fee card does not have a cheaper alternative, you may instead be able to request a “product change” to a different credit card from the issuer. If they’ll let you, ask for a no-annual-fee cash back credit card. You’ll lose those fancy travel perks, but this will allow you to keep your line of credit open and the account actively building toward your credit history.

2. An Interest Rate Increase

If you plan to carry a balance on a credit card, it makes sense that an interest rate increase for carrying a balance could be a source of pain that would make consumers want to cancel one.

Team Clark believes rewards credit cards are a great spending tool, but only if you’re paying your balances in full each month. They are a very poor choice for carrying a balance, as the interest APR associated with rewards cards is often more than 20%.

This is why we often point people who need a low APR credit card for carrying a balance to their local credit union.

Many credit unions will offer a credit card with an APR lower than that of a rewards card.

3. Cuts in the Rewards Program

If you signed up for a credit card that promised a certain percentage of cash back or a category-specific points multiplier and then they pulled the rug out from under you with a new program a couple of years later, the feeling of betrayal is real.

We’ve seen several credit cards “change the script” on their rewards programs in recent years. And many times it is not to the consumer’s benefit.

If that new set of benefits no longer fits your spending habits, you may be considering a cancellation.

My advice on whether that’s a “good idea” or not is tied to whether or not there is an annual fee involved.

If you’re paying a fee, it may be time to use that rewards program cut as a reason to ditch the card. If you’re not paying an annual fee, you may instead want to keep the account open and just reduce the frequency at which you use the card.

The full results of the survey are available here:

Final Thought

One final note before canceling any credit cards: Make sure that you claim and spend all of your earned rewards points or miles BEFORE starting the cancellation process.

You often forfeit those earned rewards if you cancel your card with them still unused in your account balance.

Remember: You don’t actually own your points balance. Technically, the card issuer does. This is why we encourage people to use rewards balances as soon as possible.

Have you canceled a credit card recently? What was your rationale? We’d love to hear about your process in the Clark.com community.
The post #1 Reason Americans Cancel Credit Cards appeared first on Clark Howard.

When Social Security Recipients Will Get Their Checks in November

Filed Under: Money.com, SUCCESS

If you’re expecting a Social Security check in November, keep a close eye on the calendar — there are several changes to the usual payment schedule this month.
Roughly 76 million Americans receive benefits from the Social Security Administration every month, including about 9 out of every 10 people age 65 and up. Funds aren’t just for older folks, though. Payments go out to retirees, survivors of deceased workers, those with little to no resources, disabled workers, the blind, dependents and more.
The average Social Security payments for those different groups of people vary, but data from September shows the typical retirement benefit was about $2,035.

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When will I get my November Social Security payment?
Your Social Security payment date is determined by your birthday.
If you were born on the first through the 10th of the month, you can typically expect to get your Social Security check on the second Wednesday of every month. But this November, that falls on Veterans Day, which is a federal holiday; as a result, Social Security payments will go out a day earlier, on Nov. 10.
If you were born on the 11th through the 20th of the month, you can expect to get your Social Security check on the third Wednesday of every month — in this case, Nov. 18.
If you were born on the 21st through the 31st, you can expect to get your Social Security check on the fourth Wednesday of every month — in this case, Nov. 25.
Where is my November SSI payment?
Supplemental Security Income, or SSI, payments are usually distributed on the first of each month. But because Nov. 1 is a Sunday in 2026, the payment date has been moved up to Friday (Oct. 30).
This means SSI recipients are technically getting paid twice in the month of October. The next SSI check is scheduled to arrive Dec. 1.
Folks who get both SSI and Social Security, as well as those who initially claimed Social Security before May 1997, will receive benefits on Nov. 3 as scheduled.
Where is my November Social Security payment?
Check the payment schedule above.
If you think your money is missing, you can reach out to the Social Security Administration. The SSA has both local offices and a toll-free national number. The national phone number is 1-800-772-1213. Representatives are available weekdays from 8 a.m. to 7 p.m. local time. Pro tip: The agency says wait times are shortest in the morning, late in the week and late in the month.
In any case, the SSA asks that you wait three mailing days before contacting it about a missing Social Security payment.

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What is the SSA payment schedule for 2027?
You can find the SSA’s 2027 payment calendar on its website. Although it largely follows the schedule laid out above, some months are different.
To learn more about your payment status or to get additional help with Medicare, retirement benefits, disability, SSI and more, make a “my Social Security” account for free at SSA.gov.
What is the Social Security COLA for 2027?
The federal government announced the 2027 cost-of-living adjustment, or COLA, on Oct. 14. Payments will rise by 3.6% due to inflation in the third quarter, which spans July, August and September. This is an increase from the 2026 COLA of 2.8%; it’s also tied for the fifth-largest in the past 35 years.
The typical Social Security retirement check will increase by $75 to $2,170, according to projections.
The first Social Security checks to actually include the COLA will go out Dec. 31, but the majority of beneficiaries won’t see the raise until January.
How do I calculate my Social Security payment?
Benefits are generally calculated according to your average indexed monthly earnings, which include up to 35 years of your highest-earning years. The SSA then applies a formula to determine your primary insurance amount.
The amount of money retirees actually receive depends partially on their age. Although you can start getting Social Security retirement payments at 62 years old, the longer you wait to claim Social Security, the higher your payments will be (until age 70, when the increases stop).
For many Americans, this money is crucial — Social Security accounts for about 30% of the income received by folks over age 65. As people live longer and legislators wrestle over the future of Social Security, the cost of retirement is surging: Federal data shows that, in 2022, retired households spent an average of $54,975, including $11,186 on shelter, $8,065 on transportation and $7,505 on healthcare.

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Down 82% from all-time highs, can PayPal stock finally recover in 2027?

Filed Under: SUCCESS, The Street

Valued at a market cap of $47 billion, PayPal has grossly underperformed the broader markets over the last five years. Today, the fintech giant trades 82% below all-time highs, while the S&P 500 index is close to record levels. 

The ongoing drawdown has meant that PYPL stock trades at 10x forward earnings, below the 65x multiple in early 2021, given data from TIKR.

On Oct. 27, CEO Enrique Lores and Chief Financial and Operating Officer Jamie Miller gave investors their best evidence yet that a turnaround is taking shape. 

The question is whether that evidence is enough to lift the stock in 2027.

I have my doubts about the timing. Let me explain why.

Why PayPal stock lost its shine

PayPal built its name on online checkout. Shoppers trusted it with their payment details, which turned the PayPal button into a habit that powered the whole business.

Also Read: PayPal just lost its $53 billion safety net

Lores said on the company’s Q3 earnings call that branded checkout volume has grown just 1% to 2% for four quarters in a row.  Miller added that the removal of the EU de minimis tax exemption created about 70 basis points of headwind. 

When a flagship product stalls, investors start to doubt everything built around it. 

So how does PayPal restart growth? Lores’s plan is to stop leaning on checkout alone. He said the company now runs as three businesses with clearer accountability. 

He also said financial services already make up more than 20% of transaction margin dollars in 2026, and it’s growing at double-digit rates.

Q3 shows early progress

PayPal managed to beat its own estimates in Q3 of 2026. Miller said transaction margin dollars came in above expectations, while operating expenses landed below forecast, helping drive earnings growth. 

Here are the numbers, according to PayPal’s earnings call:

Transaction margin dollars rose about 2%, or 3% excluding interest on customer balances.

Non-GAAP earnings per share (EPS) grew 8% to $1.45, above guidance.

Adjusted free cash flow came in at $2 billion.

PayPal bought back $1.5 billion of stock, bringing the trailing 12 months total to $6 billion.

Management then raised its full-year outlook.

It now expects transaction margin dollars of about $15.7 billion and non-GAAP EPS of about $5.60. Adjusted free cash flow is projected to reach $6.5 billion. 

Venmo and Pay Later carry the load

Checkout still drives most of PayPal’s business, but it is not where the growth is.

Venmo is leading the way, with volume growing at a double-digit pace for eight straight quarters, according to Miller.

The Venmo debit card reached 6.7 million monthly active accounts, up more than 55%.

Pay with Venmo grew 43%, and Buy Now, Pay Later grew 25%. 

Braintree, PayPal’s payment processing arm, saw volume rise 10%.

Lores said only 23% of Venmo customers use any of its financial services today. He also said PayPal sees a four- to five-times opportunity to raise average revenue per account, or ARPA, when it benchmarks against peers.

Customers who use financial services generate two to five times higher ARPA than those who do not, he added, which could be a future growth driver. 

Lores also said PayPal is working with Meta and other artificial intelligence (AI) companies to bring PayPal into agentic commerce, where AI agents shop for consumers.

Cost cuts fund the plan

Lores said PayPal has cut headcount by more than 2,000 and removed three layers of management across most areas.

The company is on track for at least $1.5 billion in gross run rate savings over two to three years.

More than $700 million of that should be in place by the end of Q4, while non-transaction operating expenses grew only 1% in Q3.

More Layoffs:

Disney cuts 300 jobs and major overhaul puts hundreds more at risk

Microsoft cuts hundreds more jobs as restructuring deepens

Oracle layoffs top 2,500 workers as AI spending surges

Miller was careful, though. She said investors should not simply annualize that expense performance, because PayPal plans to reinvest in growth.

On how the company can grow without a checkout revival, Lores said:

“While we expect branded checkout TPV to improve, this algorithm does not require it to return fully to historical growth rates.”

Basically, PayPal is betting that Venmo, processing, and financial services can do the heavy lifting. 

What 2027 really looks like

Here is where expectations need a reset. Management sees transaction margin dollars growing at a mid-single-digit rate over time. 

For next year, Lores said PayPal is targeting non-GAAP EPS growth similar to 2026. He also said the company plans to invest more in both transaction margin dollars and operating expenses, while formal 2027 guidance comes in February.

Related: PayPal stock jumps as two unlikely buyers circle with billions

Miller said investments in branded checkout are underwritten to a two- to three-year horizon. For the largest merchants, it is closer to three years.

An analyst also asked about earlier talk of strategic alternatives. Lores said the board will look at any option objectively, but right now the best alternative is to execute the plan.

PayPal is wrestling with slowing growth in 2026Oscar Wong / Getty Images

My take on PayPal stock

After years of watching turnarounds, I see a familiar pattern. Cost cuts come first; growth isn’t guaranteed to follow.

PayPal is somewhere in the middle of its turnaround, and share buybacks, improving cash flow, and the raised guidance are positives. 

Still, branded checkout is expected to grow by 1% to 2% through Q4. And 2027 earnings growth is meant to match this year, so management may struggle to deliver the kind of growth many investors want to see.

However, Wall Street estimates compiled by TIKR forecast PayPal to expand adjusted earnings per share from $5.46 in 2026 to $5.81 in 2027 and $9.11 in 2030. 

If PYPL stock is priced at 10 times earnings, it could surge 65% within the next three years. 

So can PayPal stock recover in 2027? 

Next year looks more like a test of whether the turnaround is working than the year the stock bounces back.

I want to see three things before I place my bets on the fintech giant: better branded checkout in Europe, rising ARPA, and clear guidance in February.

More Stocks NewsAnalyst revamps SK Hynix stock price target after blockbuster earningsOracle has a spending question its new chip deals can’t answerCelestica sees 2027 sales nearly doubling to $40 billionWhat Jim Cramer is watching as Anthropic heads to Nasdaq

REI has a $90 fleece shacket that comes in two colors for 44% off

Filed Under: SUCCESS, The Street

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

As the temperature drops, getting dressed can become a hassle. A heavy winter coat might be a little extra for a quick errand or walking the dog, while just a plain shirt might not keep you warm enough. Something that works well for those in-between days can easily become a closet staple that you reach for at every occasion, offering the warmth of a light jacket with the feel of a casual shirt.

The Free Country Fleece Shacket is an ideal in-between option that can be thrown on top of a long-sleeve shirt or underneath a puffer for extra cold days. The design looks nice enough for an evening out while the soft sherpa fleece is cozy to wear daily. At 44% off, it’s also a great deal. Originally $90, this cold-weather staple is just $50.

Free Country Fleece Shacket, $50 (was $90) at REI

Courtesy of REI

Shop at REI

Why do shoppers love it?

This shacket is designed to look like a button-up shirt with the coverage of a jacket, offering an easy option for casual wear during colder months. The relaxed silhouette works well with a variety of outfits, and the oversized fit and drop shoulders give it a laid-back shape that works well for layering. The double-faced, 100% polyester sherpa fleece design is super soft and can be tossed in the washing machine when needed, making it a convenient option for frequent use. 

Related: Patagonia’s $349 soft-shell jacket is on sale for $157 at REI

The casual design makes it nice for outdoor use during camping, traveling, or relaxing in the backyard during the weekend. The two button pockets provide space to keep smaller essentials with you, like a credit card or your keys, and the two no-seam hand pockets keep your hands warm while relaxing and offer a place to stash your phone. It’s available in two colors, including Cream and Driftwood. Because of the oversized design, shoppers have commented that it runs a little big. It’s available in sizes S through XXL.

Details to know

Sizes: Choose from S through XXL. The oversized design is meant to run large, so size down for a smaller fit. 

Colors: Choose from Cream or Driftwood colors. 

Easy to care for: The supersoft material is machine washable.

One reviewer wrote, “This is very well made and incredibly soft. I can’t wait to wear it in the fall.”

Another shopper wrote, “I like it a lot. It will be great for those cooler days and nights.”

Shop more deals

Free Country Chill Out Fleece Shacket, $60 (was $90) at REI

Mountain Hardwear Fleece Half-Zip Pullover, $76 (was $130) at REI 

Mountain Hardwear Microchill Pullover, $60 (was $85) at REI

Whether you’re looking for something to grab when you need to make a quick errand run, or you want something to keep you warm during a weekend camping trip, the Free Country Fleece Shacket is a great choice. The machine-washable design makes it convenient to keep clean no matter where you wear it, and at 44% off, it’s a solid price. Shoppers can get this shacket for just $50 at REI.