Archive for December 1st, 2014

LATimes: Black Friday weekend sales slump amid holiday bargain marathon


Total spending during the Black Friday shopping weekend was forecasted to drop to $50.9 billion, down from $57.4 billion last year.

By Shan Li and Javier Panzar
November 30, 2014

Holiday promotions that debuted as early as October led to a sharp decrease in Black Friday weekend sales, as some consumers took a breather from buying, according to industry data released Sunday.

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Pension Reform

By Ed Mendel
Monday, December 1, 2014

What happens when a bankrupt city does not cut its largest debt, pensions, is getting its first test in Vallejo, which has higher average pensions and higher CalPERS rates than the two larger cities still in bankruptcy, Stockton and San Bernardino.

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National Journal

By Billy House and Sarah Mimms
November 30, 2014

Lawmakers reconvene Monday for the final two weeks of the 113th Congress, with some Republicans clamoring to use the power of the purse to block President Obama’s executive action on immigration and Democrats warning that such a strategy could lead to another government shutdown.

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