| Oct 17, 2013
| 9:21 AM
The first government shutdown in nearly 20 years ended late Wednesday after Congress agreed on a deal to fund the government through Jan. 15. and raise the nation's debt limit through Feb. 7. The 16-day ordeal took a toll on the national economy,...
| Jan 29, 2014
| 8:33 AM
WASHINGTON -- Business groups gave mixed reviews to President Obama's State of the Union address.
They praised him for urging Congress to pass legislation overhauling the corporate tax code, making it easier to strike trade deals and reforming the...
| Feb 14, 2014
| 6:41 AM
The severe weather that has hit much of the country this winter has cost the economy nearly $50 billion in lost productivity and 76,000 jobs, according to a new survey.
Snow, ice and bitter cold will shave about 0.3 percentage point from economic...
| Dec 9, 2013
| 12:49 PM
Retailers slammed with preparations for the Thanksgiving and Black Friday shopping bonanza last month added 471,000 workers to payrolls -- a number that fell 4.7% short of the record 494,400 seasonal employees brought on board during November 2012.
| Feb 5, 2014
| 5:49 PM
It was only a matter of time before the finger-pointing started over who is to blame for data breaches like the recent high-profile ones at Target and Neiman Marcus that exposed the credit and debit card information of millions of shoppers.
| Dec 1, 2013
| 11:10 AM
The Thanksgiving and Black Friday back-to-back shopping events proved to be more popular with Americans than they were last year, according to industry data.
The National Retail Federation pegged the number of unique shoppers Thursday through Sunday...
| Nov 12, 2013
| 12:49 PM
The day after Thanksgiving is traditionally one of the busiest days of the years at malls and other shopping centers around the country, as the prospect of bargain bin televisions and dirt cheap clothing draws hordes of deal-hunters to shake off their...
| Oct 23, 2013
| 10:58 AM
FedEx Corp. said Wednesday it expects the busiest Cyber Monday shipping week in its history this year as more consumers turn to shopping online for the holiday season.
The company said it expects to move more than 22 million shipments on Cyber Monday,...
| Oct 25, 2013
| 9:08 AM
UPS expects to move more than 34 million shipments on its peak shipping day this year -- up about 21% from the same period last year.
To handle the increased workload, United Parcel Service announced it will hire 55,000 seasonal workers this holiday...
| Oct 16, 2013
| 8:16 AM
The gift-giving season may be muted this year, as Americans, spooked by the government stalemate and ongoing economic weakness, plan to spend less on presents and other holiday preparations, according to the National Retail Federation.
More than 6,000...
| Dec 30, 2013
| 12:48 PM
As 2013 comes to a close, so will dozens of tax breaks that save companies billions of dollars in tax liability.
Congress has allowed 55 tax breaks to expire but will likely restore many of them, retroactively, in the coming months, the Associated Press...
| Jan 14, 2014
| 9:04 AM
Retailers taking on an army of seasonal workers in December helped push overall holiday hiring levels to a 14-year peak this year, according to a new report.
But the better-than-expected increase of 801,100 jobs over the final three months of the year...