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Sales draw U.S. shoppers as Asian economies stumble
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Contributed by World News
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By Lewis Krauskopf U.S. shoppers awoke early for post-Thanksgiving sales on Friday in a key test of the country's ability to withstand economic turmoil as sharp production declines in Asia gave fresh evidence of the global crisis. Fighting wore on in India's commercial capital, Mumbai, where Islamist militants launched attacks on Wednesday, while unrest in Thailand also underlined the political risks facing emerging markets already grappling with economic disarray. U.S. retailers opened early and offered steep discounts on the day after Thanksgiving known as "Black Friday," hoping for a strong start to a holiday shopping season that experts predict may be the worst... Read more at: |