When stocks in the social networking company Facebook finally begin trading on Friday, the company will at that moment be worth a fortune. But that value will only be justified if Facebook makes profits for many years to come; a new poll suggests that about half of Americans think Facebook is a passing fad.
We'll know more later this morning with the latest retail sales figures for April. The forecast is for sales to be down after mild weather pushed extra spending into the first three months of the year. But at least one segment of the retail sector has been hanging on to growth.