Three major automakers are asking California's Port of Long Beach for more storage space for their freshly imported cars. The AP's John Mone reports on why this back up is bad news. (Nov. 21)
Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. (Nov. 14)
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Gov. Arnold Schwarzenegger on Thursday proposed a temporary 1.5 percent sales tax increase to deal with California's worsening fiscal crisis, which has created an $11.2 billion deficit in this year's budget.
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The nation's retailers saw their sales plummet last month to the weakest October level since at least 1969, as the financial crisis and mounting layoffs left shoppers too scared to shop. (Nov. 6)
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Gun shops around the country say gun sales are some of the highest ever, with customers stocking up after the Democratic party sweeps to power. The worry is Democrats will enact tough new gun laws. (Nov. 7)
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November 7th Nightline Report on the reaction of gun owners to the Obama election victory and how it is driving and increase in gun sales in a sour economy
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Artists such as Il Divo and Andrea Bocelli have seen their CD sales go up whereas genre such as rock and pop are suffering in the midst of the credit crisis