Yahoo! News: Business
-
Holiday shoppers keen on deals, online spending up
(Reuters)
Reuters - A focus on bargains pulled U.S. shoppers into stores and onto websites over the Thanksgiving holiday weekend, but many said they would stick to their budgets and avoid purchases if they couldn't find a good deal.
Abu Dhabi to aid Dubai on "case by case" basis (Reuters)
Reuters - Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.
Black Friday sales up 0.5 percent: ShopperTrak (Reuters)
Reuters - Black Friday sales rose just 0.5 percent to $10.66 billion after rising 3 percent in 2008, ShopperTrak said on Saturday, a rise that may disappoint investors who had expected retailers to see a bigger boost this year.
Audit would hurt economic prospects: Bernanke (Reuters)
Reuters - Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.
Jobs data eyed, but Dubai is the wild card (Reuters)
Reuters - Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.
Wall Street stocks drop on Dubai debt crisis (AFP)
AFP - US stocks dropped in an abbreviated session Friday on concerns that Dubai's debt crisis could stall the global economic recovery from recession.
Personal finance books for kids, teens and adults (AP)
AP - The approach of a new decade means a chance for a fresh start with your financial habits. Maybe your loved ones could use a nudge in that direction, too.
Groups contend Arizona bills cross legal lines (AP)
AP - The Arizona Supreme Court is being asked to overturn the Legislature's use of budget laws to set state policy on topics ranging from teachers' seniority rights and immigration enforcement to mortgage lawsuits and municipal building codes.
Canada high court rules for Wal-Mart in union case (AP)
AP - The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Walmart store in North America to unionize.
