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tonight. ratings agency fitch says theyre going to downgrade americas outlook from stable. stocks soared on wall street. because the markets closed before that action happened. the dow was up by nearly 300 points. the reason was a wow weekend for the american economy. retail sales surged. thats a fair word. they were up 16%. accord together national retail federation. it was the best kickoff to the holiday shopping season ever. topping off, today the federal reserve said household debt...

im erin burnett. outfront tonight, ratings agency fitch affirms of the united states aaa credit rating but says guess what, were going to downgrade your outlook to negative from stable. this happened after the markets closed. obviously, something negative and all relate the to the lack of action and the failure of the supercommittee, still stocks is soared on wall street. because the markets closed before that action happened. the dow up by nearly 300 points. the reason was a wow weeke...

ill ask frank ridge why he says theres something prize sproo izing that barack obama and john f. kennedy have in common. the nbas come home for christmas. are the fans getting stiffed? shaquille oneal on the end of the lockout and his extraordinary 19-year career. >> 19 years, baby. >> and the player so good he could only be called magic. the one and only magic johnson on the game he still loves and the causes closest to his heart. this is "piers morgan tonight." good evening. well g...