The U.S. economy suffered its biggest slowdown in more than 25 years, according to last quarter's GDP figures. And with inventory piling up and consumers slow to buy new things, the outlook's not good. Mitchell Hartman reports.
It's hard to avoid Proctor and Gamble's global presence and scores of beauty products. But some of the company's brands are starting to lose out to cheaper generics. Janet Babin explores the consumers' perspective.
Even in a downtrodden economy, we could always count on a constant rise in consumer spending every year, if only a slight one. But retailers predict this year, Americans will actually consume less. Steve Henn reports.
Cell phone providers are wheeling out temporary towers to boost their networks for the Obama inauguration today. Companies expect millions more people to be on the phone or texting. Jeremy Hobson reports.
The aerospace, retail and porn industries are among the many seeking help from the bailout. With so much money being doled out, one line of reasoning goes: If we don't ask for it, someone else will. John Dimsdale reports.
The 2008 holiday shopping season was one of the worst ever. Retailers offered a lot of sales, but it didn't get people to hit up the stores. As Stacey Vanek-Smith reports, all those markdowns have created an expectation from consumers and put retailers in a bad spot.