Retail slowdown deepens as holiday shopping weakens
The Fed signals possible rate cuts as the economy weakens into the holidays. Consumers pull back amid job losses and falling home values, while retailers expect a slower holiday season and discounting rises. New York and other regions report subdued sales and capex cuts for 2009, though Friday's opening boost fades over the weekend.
MENTIONED IN THIS ARTICLE
Fed
New York
Boston
Philadelphia
Cleveland
Dallas
Ing
ShopperTrak Act Corp
UAW to suspend payments to laid off workers
The United Auto Workers offered to alter contracts with U.S. automakers and delay billions to a union run health care trust to help secure a $34 billion federal loan package. President Ron Gettelfinger said the jobs bank will be phased out with mechanics to be worked out, and GM talks will start immediately.
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Detroit
United Auto Workers
U.S
Ron Gettelfinger
Jobs Bank
Gettelfinger
Congress
General Motors Corp
Chrysler LLC
Ford Motor Co
Ford
Chrysler
Maine
Kentucky
Indiana
Minnesota
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Able
Vebas
UAW
Wal-Mart sued over fatal Black Friday crowd crush
The family of a Wal-Mart employee killed in a Long Island Black Friday rush filed a wrongful death suit alleging ads for deep discounts created competition and anxiety, and that insufficient security for a pre-dawn crowd of about 2,000 was negligent and reckless.
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Garden City
N.Y
Long Island
Wal-Mart
Wal- Mart
Market In Review Notes and Stock Footnotes
Stock market brief mentions g-Device with SEC 9 new in past year and notes on bankrupted units. This clipped summary reflects a fragmented market update with incomplete phrases and limited identifiable entities.
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Miri
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Amherst
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the Market IN Review
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Shewin NY
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Chicago Board of Trade
CME
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