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Retail bosses survey darkening skies

The deteriorating outlook for the world economy, and what retailers can do to cope, are likely to be the dominant themes at the annual World Retail Congress in Berlin this week.

New Amazon Tablet: 5 Things to Know

Amazon appears ready to release its new tablet, hailed by some observers as a legitimate threat to Apple's global-leading iPad. Amazon's PR firm sent an invitation to journalists Friday afternoon announcing a press conference in New York City on Sept. 28, when the company is expected to reveal its new consumer tech weapon -- the Kindle tablet. But while the tablet hasn't been revealed publicly yet, it is apparently quite real -- seen by one tech journalist already with other strong hint...
Silver bars

Gold Falls Hard; Silver Falls Harder

Gold prices plummeted Friday, at one point tumbling to 15 percent below the level of three weeks ago, as investors started buying stocks and, to a lesser extent, euros. Silver is now down 25 percent from its mid-week level.
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Holiday retail sales seen tepid

Retailers may face more moderate sales gains this holiday season as persistently high unemployment and higher gas and grocery prices prompt shoppers to think twice about spending.
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Holiday retail sales expected to be tepid

Retailers may face more moderate sales gains this holiday season as persistently high unemployment and higher gas and grocery prices prompt shoppers to think twice about spending.
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California rebound held back by inland areas

California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.
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California's Rebound Seen Held Back by Inland Areas

California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.
U.S. Gas Prices

Gas Prices: Finally, Some Relief at the Pump for U.S. Motorists

Finally, there's some good news for U.S. motorists. Gas prices, down about 10 cents per gallon in the past month to an average of $3.60 per gallon for regular unleaded, are likely to continue to decline, assuming no oil disruptions from major oil producers or a large storm in the Gulf of Mexico.
Kweku Adoboli

Kweku Adoboli’s UBS Trading Losses Strengthen Push for Split Banking

Regulators are still trying to figure out how 31-year-old trader Kweku Adoboli caused $2 billion in bad bets over three tears. But as the probe continues analysts and politicians say UBS trading losses has strengthened the case for separating retail banks from their investment arm, according to The Associated Press.

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