Topic: Erik Johnson
Midway negotiations end as one bidder drops out and Chicago Mayor Emanuel calls it quits. Also this week in the economy: unemployment falls for the wrong reasons; Beige Book reveals modest to moderate economic growth; and Yahoo! picks a new logo.
Retail sales surged 0.6 percent last month, on the strength of auto sales and building materials. Also this week, stock prices swing wildly as core wholesale prices suggest tame inflation and manufacturing slows.
The IRS is under fire for the extra scrutiny its workers gave to 'Tea Party' and 'Patriot' groups' applications for tax-exempt status. Plus, the Dow hit a milestone, jobless claims continued to drop, and other news from around the US economy this week.
Black Friday 2011 is prompting other retailers to offer lower prices on some items than Walmart does. Amazon's Black Friday 2011 deals remain a mystery.
11/21/2011 05:34 pm