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tonight. ratings agency fitch says they're going to downgrade america's 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. that's 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 in this country fell $60 billion. the outfront strike team called this optimism, 85% of them sai...

i'll ask frank ridge why he says there's something prize sproo izing that barack obama and john f. kennedy have in common. the nba's come home for christmas. are the fans getting stiffed? shaquille o'neal 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. we'll get to my interviews with shaquille o'neal and magic johnson later in the show. i'll ask them wh...