Fiona Li

10 Flips | 2 Magazines | @FionaLi16nu | Keep up with Fiona Li on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Fiona Li”

U.S. jobless claims rise above 300,000 last week

WASHINGTON (Reuters) - U.S. consumer spending rose modestly in October and a measure of business spending plans fell for a second straight month, suggesting some slowing in the pace of economic growth.<p>Matt Giardina carries his purchase, a HDTV, at a Best Buy store on the shopping day dubbed "Black …

Consumer spending rose 0.2% in October

A flurry of economic reports Wednesday herald a solid holiday shopping season, with Americans' incomes rising modestly and plunging gasoline prices brightening their moods and providing extra spending money.<p>Consumption increased 0.2% after being unchanged in September, the Commerce Department said …

U.S. economy is improving, just in time for the holiday shopping season

For Christmas this year, the U.S. might finally be given the sort of recovery we’ve all been waiting for.<p>Economists expect that following recessions, …

Labor Group Plans Strike of Walmart Stores on Black Friday

Employees at Walmart stores in at least six states and Washington, D.C., plan to strike on one of the busiest shopping days of the year to protest …

OPEC Meets As Its Control Of Oil Slips Away

Eight weeks ago, when the oil price was around $92 a barrel, I asked whether the Organization of Petroleum Exporting Countries could survive much longer. Today, with oil at $74/bbl, the answer seems to be no. OPEC really is approaching its expiry date.<p>Whether that forecast is correct will become a …

Walmart workers vow big Black Friday protests

Some aggrieved Walmart workers and their advocates have a slew of grievances. And for the third year in a row, they will air them on one of the busiest shopping days: Black Friday.<p>Protesters are expected to gather outside 1,600 Walmart (WMT) stores across the country as the retailer launches …

Apple to donate portion of Black Friday and Cyber Monday sales to Global Fund to Fight AIDS

Apple has just announced a significant campaign to support World AIDS Day 2014 as part of its long-running (RED) program. The company will donate to the Global Fund to fight AIDS based on proceeds from its new Apps for (RED) section on the App Store, as well as a portion of online and retail sales …