24/7 Wall St.: The Worst Holidays On Record Since The Great Depression by JON C. OGG
Retail sales this holiday season are expected to rise 3.8% to a record of $469.1 billion, according to the National Retail Federation. Overall, it has not been the best holiday season, but it's a significant improvement from the last few years.
How does 2011 compare to other years? This is 24/7 Wall St.’s analysis of the worst Christmases since the Great Depression.
As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Here are the top rumors of the day.
US Stock-Index Futures Rising into Holiday Weekend.
New numbers show that Facebook and Amazon are now essentially portals.
Google's decision to give Mozilla $900 million to support Firefox shows a difficult balancing act between its search business and its Chrome browser.
It may be a little easier to find jobs, but some Americans are now concerned about the quality of the jobs as much as they are about finding jobs at all.
Happy holidays!
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