Business & Economy
Associated Press/Photo by Christopher Dolan/The Times-Tribune

Pandemic brings saner Black Friday

by Rachel Lynn Aldrich
Posted 11/27/20, 05:01 pm

Just a trickle of shoppers wandered through Macy’s on Herald Square in New York an hour after it opened. Many stores reported—or planned for—smaller crowds on Black Friday, reflecting concerns about further spread of the coronavirus. It will still likely prove the busiest shopping day of the year.

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Associated Press/Photo by Jeff Chiu

Retail trade group expects strong season

by Kent Covington
Posted 11/25/20, 04:03 pm

Spending over the holidays could increase by roughly 3.5 percent over last year, according to the National Retail Federation—despite an economy still limping from COVID-19 lockdowns. Last month’s consumer spending increased by 0.5 percent—the weakest rise since April, according to the Commerce Department.

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Associated Press/Photo by Paul Sancya (file)

GM to recall millions of vehicles

by Kyle Ziemnick
Posted 11/23/20, 05:30 pm

General Motors said Monday it would recall more than 7 million vehicles, including pickup trucks and SUVs from Chevrolet, Cadillac, and GMC, because of an issue with air bag inflators from Japanese manufacturer Takata. The National Highway Traffic Safety Administration (NHTSA) since 2016 has recalled more than 60 million cars from around 20 companies because the Takata bags run a risk of exploding on deployment and have killed 27 people worldwide, including 18 Americans.

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