The weather pattern that sent snow storm after snow storm across the US is breaking down, leading to forecasts of one of the biggest snow meltdowns 'we have ever seen.'
Gas prices are near $3 a gallon, which is high for the holiday season. Retailers are nervous about the impact on consumer spending, but analysts say prices should start to come down soon.
Federal workers, for one, don't necessarily get the day after Thanksgiving off. Neither does anyone in retail, because Black Friday requires 'all hands on deck.' But getting today off is a perk for many.
Traditional back-to-school shopping is under way, and this year the average family is expected to spend $606 on back-to-school supplies.
Prices below $4 a gallon could help carmakers and back-to-school retailers.
If the decline continues, it could buoy consumers, retailers, and carmakers.