Black Friday is considered to be most significant event for the US retail sector. The day is now becoming an important one for US workers as well.
Airline shares are soaring and energy stocks are tanking in pre-market trading in response to plunging oil prices following OPEC's decsion yesterday not to cut production amid an oil glut.
The eurozone's inflation rate fell to 0.3% in November, from 0.4% in October, suggesting that deflation remains a threat for the 18-nation bloc.
WASHINGTON - The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.
NEW DELHI�India's economic expansion slowed last quarter, weighed down by weak industrial demand, sparking concern that the budding recovery of Asia's third-largest economy already may be losing momentum.