Economists view Black Friday as a litmus test for consumer confidence, which is showing signs of weakening. Whether Washington can come to terms to avert the fiscal cliff – and tax hikes – is a wild card.
Though the consensus is that forecasting of Hurricane Sandy was accurate, some criticize the way the message was conveyed. The National Hurricane Center will review decisions it made relating to this storm later this month and early next year.
Tropical-force winds, with hurricane-force gusts, could stretch from coastal Virginia to Boston by early Tuesday, latest forecasts show. Hurricane Sandy is still expected to combine with a nor'easter, into a 'Frankenstorm.'