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U.S. markets news

Black Friday crowds thin in subdued start to US holiday shopping
PITTSBURGH/CHICAGO Crowds were thin at U.S. stores and shopping malls in the early hours of Black Friday and on Thanksgiving evening as shoppers responded to early holiday discounts with caution and bad weather hurt turnout.
2016 candidates buy in on #BlackFriday, Cyber Monday to fundraise  CNN
Survey Estimates 99.77 Million Black Friday 2015 Shoppers  CBS Local
Financial Express  
GLOBAL MARKETS-China stocks hit hard, rest of world shrugs
(Updates with additional information, changes quotes, recasts, changes byline, dateline, previous LONDON). * China shares see biggest weekly drop in more than 3 months.
US Stocks Open Lower After China Slumps  Wall Street Journal
Black Friday for China stocks but metals not so heavy  Channel News Asia
Local spots to check out for Small Business Saturday
Consider this your way to get holiday shopping done and stick it to the man. For weeks people have skimmed Black Friday sales to map their plan of attack at big box stores.
On Black Friday (and every day): #Shopsmall and help 28 million small ...  Fox News
Small Business Saturday returns Nov. 28  Santa Monica Daily Press
Thanksgiving shopping at stores 'was a bust'
Traffic at stores declined on Thanksgiving Day and into the wee hours of Black Friday analysts say, though executives at major retailers were pleased with the turnout.
Target A Black Friday Winner, Deep Discounts At Gap: Cowen  Barron's (blog)
Target's online sales broke a record on Thanksgiving — here are the top ...  Business Insider
GDP might be lower but it might not hurt
When is slower economic growth not such a bad thing? When it's caused by lower growth in the population. If that puzzles you, you're a victim of the economists' practice of focusing on growth in gross domestic product rather than GDP per person.
EconomyUK GDP: hats off to the consumer  Financial Times
Trade poses biggest drag on UK growth on record  The Globe and Mail
4 kinds of Black Friday deals that aren't such deals
Retailers draw holiday shoppers in with promises of big savings. But not every deal is a "real deal." Before you rush out to buy that marked down blender, make sure you know the math on these four classic markdown tactics and sales pushes.
Britain's “Black Friday” better left on the shelf  Reuters Blogs (blog)
No Crowds But Online Surge on Britain's 'Black Friday'  NDTV
German shoppers' confidence 'dips' amid economic fears
Confidence among shoppers in Germany has dipped according to a survey, amid worries over Europe's largest economy. The forward-looking GfK consumer sentiment indicator fell to 9.3 points for December from 9.4 points in the previous month.
Survey Shows German Consumers Losing Confidence  New York Times
German consumer morale inches down less than expected before Christmas  Reuters
Swiss Court Convicts Ex-HSBC Employee for Leaking Bank Data
A Swiss court has convicted in absentia a former employee with international bank HSBC for economic espionage and sentenced him to five years in prison.
HSBC whistleblower jailed for five years over biggest leak in banking history  The Guardian
HSBC whistleblower Herve Falciani sentenced to five years in jail
3 Chinese Brokerages Say They Are Under Investigation
BEIJING - Three of China's biggest securities firms are under investigation in a fresh aftershock from this summer's market plunge.
Hong Kong shares fall on mainland market slump; CITIC Sec tumbles  Reuters
Three top Chinese brokerages under investigation
HSBC to close India private banking unit as competition grows
MUMBAI HSBC Holdings Plc is closing its private banking unit in India as part of its group strategy, the bank said, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest economy.
HSBC to wind up private banking business in India  Financial Express
Why is HSBC closing its India private banking business  Business Today