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Thursday, November 15, 2012

Personal Finance Daily: Malls will roll out red carpet on Black Friday

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MarketWatch
Personal Finance Daily
NOVEMBER 15, 2012

Thursday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

Reserved parking spots, free refreshments and stations that will hold people's packages are just some of the perks that malls are trying out this year to make Black Friday a more enjoyable experience. It's an effort to get more customers into the malls on the shopping day, instead of making holiday purchases from the comfort of their personal computers. Read Kelli Grant's story today for more on the trend.

Plus, learn why Target shareholders are giving the company grief about being open on Thanksgiving Day, and read the latest on foreclosure activity in today's Personal Finance Daily.

Amy Hoak , assistant editor

Black Friday gets the VIP treatment

More malls this year are rolling out the red carpet for loyal shoppers, offering not just a place to sit down but also snacks, goodie bags and valet parking.
Black Friday gets the VIP treatment.


Target faces backlash over 'Black Thursday'

Customers aren't the only people upset with the big box retailer's decision to open on Thanksgiving.
Target faces backlash over 'Black Thursday.'


The best and worst holiday jobs

Each year, people hoping to boost their gift-giving budgets throw themselves into the part-time holiday-employment pool. But there's a fine line between Santa's workshop and his sweatshop.
The best and worst holiday jobs.


Foreclosure activity rises 3% in October

Foreclosure activity went up by 3% in October, compared with the month before, according to a report released on Thursday by RealtyTrac.
Foreclosure activity rises 3% in October.


Mortgage delinquencies, foreclosures drop

Both mortgage delinquencies and foreclosures on U.S. homes decreased during the third quarter, the Mortgage Bankers Association reported on Thursday.
Mortgage delinquencies, foreclosures drop.


Whole Foods at half price?

Co-CEO Walter Robb says the chain has slashed prices without butchering its brand.
Whole Foods at half price?


Year-end tax planning for the fiscal cliffhanger

These moves could help middle-income taxpayers no matter what Congress does in the next six weeks.
Year-end tax planning for the fiscal cliffhanger.


The decline and fall of the text message

Wireless carriers have little to LOL about as cellphone users shift from texts to Internet messaging.
The decline and fall of the text message.


ECONOMY AND POLITICS

Jobless claims soar after Hurricane Sandy

The number of Americans who sought unemployment benefits last week jumped to an 18-month high, largely a side-effect of the superstorm that battered parts of the East Coast.
Jobless claims soar after Hurricane Sandy.


Obama's urge for 'big deal' on taxes is misguided

Obama appears to see tax reform as a way to finally achieve that elusive, and probably chimerical, dream of being the president who can unify the country in a grand bipartisan deal, writes Darrell Delamaide.
Obama's urge for 'big deal' on taxes is misguided.


Negative November Philly, New York factory gauges

Hurricane Sandy contributed to negative readings for both Philadelphia- and New York-area manufacturing gauges in November, demonstrating the disruption the storm took on economic activity in the Northeast.
Negative November Philly, New York factory gauges.


China unveils its new leaders

China unveiled the make-up of its top Communist Party leadership body Thursday, elevating Vice President Xi Jinping, as expected, though some analysts worried about whether the new team would be able to guide the economy smoothly.
China unveils its new leaders.


U.S. consumer prices inch up in October

U.S. consumers paid somewhat higher prices for food, rent and housing in October, offsetting a decline in the price of gasoline at the pump. For the most part, consumer inflation remained relatively tame.
U.S. consumer prices inch up in October.


Euro zone double dips back into recession

The long-running European debt crisis drags the 17-nation euro zone back into recession in the third quarter, with Austria and the Netherlands joining the hard-hit periphery in contraction territory.
Euro zone double dips back into recession.


Top forecaster Cooper sees bright future for U.S.

From her vantage point across the border in Toronto, economist Sherry Cooper — the winner of MarketWatch's October Forecaster of the Month award — sees a bright future for America.
Top forecaster Cooper sees bright future for U.S.


INVESTING

5 investing classics to make you a better trader

If you're new to the stock market, you may want to know what books you should own to get started as a trader. Michael Sincere offers five favorites that belong on every trader's bookshelf.
5 investing classics to make you a better trader,


Energy stocks you may be thankful to own

While oil-and-gas stocks have suffered setbacks recently, analysts see several bargains that deserve a second look.
Energy stocks you may be thankful to own.


Santa and Sandy will drive fourth-quarter spending

Father Christmas, meet Mother Nature.
Santa and Sandy will drive fourth-quarter spending.


Tech startups target fashionistas

A new wave of tech startups are focusing on the fashion industry in an odd confluence of geeks meeting the fashion-conscious, where social shopping has become an oft-repeated buzz word.
Tech startups target fashionistas.


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