Articles

Holiday shopping season: A disappointment so far

Sparse crowds at malls and "50 percent off" signs at The Gap and other stores offer clues as to how this holiday season is shaping up so far: It's the most discount-driven one since the U.S. was in a deep recession.

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Right-to-work backers target three more states

Buoyed by recent successes in the Midwest, conservatives and business groups are targeting at least three additional states for new efforts that could weaken labor unions by ending their ability to collect mandatory bargaining fees.

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Fed to reduce bond purchases by $10B in January

The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.

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