Last-minute bargains push holiday deals in final shopping week
Retailers race to attract last minute buyers with free shipping and limited stock as online spending surges. First Data data show 2 percent overall growth, online up 9 percent, in-store near flat. Shoppers flock to deals across electronics, materials, furniture, and personal care amid earlier season discounts.
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Joseph Schmitt
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Rishi Chhabra
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C. Britt Beemer
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Roundup: Tech and bank stocks pull markets from highs
U.S. indexes eased from record highs as weak technology and financial shares weighed on the market. The S&P 500 slipped 0.2 percent to 2258.07, the Dow fell 0.1 percent to 19843.41, and the Nasdaq dipped 0.4 percent to 5437.16 as bonds yields and the dollar eased from recent gains.
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CarMax and others settle FTC recall ad claims
CarMax Inc and Asbury Automotive Group and West-Herr Automotive Group settled FTC complaints alleging ads touted inspections while failing to disclose unrepaired recalls. The proposed consent orders, open to public comment through January 17, require recall disclosures or repairs for safe-vehicle claims and mandate notifying customers from July 1, 2013 onward.
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Cliff Wood
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