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The International Consumer Electronics Show, the largest trade show in the United States, opens this week in Las Vegas with a full slate of giant TVs and inventive gadgets, despite the pall of a recession hanging over the industry. ...more
January 5, 2009
Soaring unemployment, rampant business closings and a crushing mortgage crisis have dampened any hopes of an economic turnaround in 2009. ...more
December 29, 2008
New claims for unemployment benefits rose more than expected last week, the government said Wednesday. ...more
December 25, 2008
President-elect Barack Obama is crafting a financial stimulus plan far more ambitious than any quick infusion of cash for a struggling economy, viewing it instead as a vehicle to create jobs and push the nation in the direction of improved health care and roads, and clean energy. ...more
December 8, 2008
Hit with an awful consumer spending market, home shopping channel HSN is paring back operations. ...more
December 5, 2008
Online retailers are ramping up heavy-duty deals to turn skittish shoppers into buyers during the crucial Thanksgiving weekend and "Cyber Monday" - but even so, online sales are expected to be fairly flat after years of strong growth. ...more
November 30, 2008
Despite rising unemployment and a declining economy, take heart: The Grinch won't steal Christmas this year. ...more
November 29, 2008
Four grim economic reports released by the government Wednesday added up to a bleak overall picture of the slowing economy. ...more
November 27, 2008
Holiday deals may be hot, but retailers can still expect the worst Black Friday since the early 1970s, according to a University of Central Florida economist. ...more
November 27, 2008
TAMPA The holiday deals may be hot, but that won't be enough to convince consumers to spend like retailers hope they will, according to a University of Central Florida economist. This week's Black Friday will be a disappointing one for the retail industry, as overall consumer spending continues its downward slide this quarter. This rate of decline has not been seen in Florida since 1974, said economist Sean Snaith. ...more
November 26, 2008
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