Deficit prompts federal pay freeze plan from Obama
President Obama urged a two year pay freeze for about 2 million federal civilian workers to curb deficits. He warned savings would be modest but stresses shared sacrifice. Congress must approve, while lawmakers already froze their own pay last year.
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Cyber Monday sales surge to potentially over one billion
New York reports Cyber Monday may exceed 1 billion in online sales, driven by heavy advertising and email deals. IBM Coremetrics data show online sales 15 percent ahead of last year by 3 p.m., with peak shopping hours yet to come. John Squire predicts it will be the season's largest online shopping day.
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