Live Breaking News & Updates on Winter holiday shopping

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Black Friday Crowds Shrink as Cyber Shopping Strengthens Hold on U.S.

Black Friday, marking the unofficial start of the holiday shopping season, has shifted from standing in line to hunting for bargains online.

United-states , Americans , American , Winter-holiday-shopping , National-retail-federation , Deloitte , Holiday-retail , Black-friday , Thanksgiving-day , Cyber-monday , Holiday-shopping-survey

Detailed text transcripts for TV channel - MSNBC - 20121002:09:16:00

in hong kong, the hang seng was closed again for a holiday. well, stocks ended mostly in the black monday thanks to a glimmer of economic optimism. news that manufacturing growth broke a four-month roadblock sparked an upbeat mood on the street. fed chief ben bernanke renewed the central bank's pledge to keep record low interest rates to spur the economy, even after it regains momentum. analysts say winter holiday shopping will rise 4.1% this year. that's slightly lower than predictions for the past two years. jpmorgan chase is the first target of a justice department investigation into the financial crisis. a civil lawsuit alleges bear stearns, bought by jpmorgan in a fire sale, carried out billions of dollars in mortgage-backed securities fraud. american express has agreed to pay $112.5 million to settle federal charges of illegal late fees. the multibillion-dollar fraud carried out by bernard

News , Stocks , Ben-bernanke , Holiday , Optimism , Glimmer , Roadblock , Mood , Hong-kong , Black-monday , The-street , Hang-seng