Facing a disastrous holiday shopping season, the retail industry on Tuesday urged President-elect Barack Obama to incorporate three national tax-free shopping holidays in 2009.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Most Americans believe that investment fraud like the recently revealed Ponzi scheme run by Bernard Madoff happens regularly on Wall Street, according to a recent survey.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Continue reading about Americans think Madoff's behavior is common
President-elect Barack Obama's economic team and congressional staffers are close to finalizing a massive recovery proposal but are still hammering out details, Vice President-elect Joe Biden and economic adviser Larry Summers said Tuesday.
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Government bonds continued a three-day slide Tuesday, after the Treasury Department auctioned off another $28 billion in debt.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Consumer confidence rose slightly this month, coming off 28-year lows thanks to cheaper oil and deep discounts during the holiday-shopping season.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
Gasoline prices declined for the fourth straight day on Tuesday, falling below the $1.66 per gallon mark, according to a national survey of credit card swipes at gasoline stations.
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Original post by Economic news — CNNMoney.com and software by Elliott Back
