The good news for merchants is that more Americans this year turned out to bag Thanksgiving weekend deals than last year.
The bad news, however, is that shoppers on average spent less on their purchases compared to a year ago.
Stocks roadblocked by consumers
A rolling rally has hit something of an impasse of late as investors have stopped rewarding 'less bad' news and are now looking for clearer signs of an economic recovery.
State budgets walloped again
The bad news about state budgets just keeps getting worse. Only three weeks into the new fiscal year, gaps are already opening up. And the shortfalls are only expected to grow.
Bad news and good news from the Fed
The unemployment rate could top 10% later this year, the Federal Reserve said Wednesday, but the central bank also said it believes the end of the recession could be in sight.
Business gets taxed, workers get hurt
Sometimes what's politically irresistible is economically nonsensical, as we may soon be reminded. The Obama administration, desperate for revenue and spotting an easy target, is proposing...
Why the market doesn't care about GM
It finally happened. General Motors has filed for bankruptcy. And like most other bits of bad news that have taken place in the past few weeks, investors didn't even blink.
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