Free Republic

WASHINGTON (Reuters) - U.S. consumer spending rose 0.2 percent in October, as expected, driving the personal saving rate into negative territory for the fifth straight month, a government report showed on Thursday. Personal income also rose in October, by 0.4 percent - slightly less than the 0.5 percent increase forecast by Wall Street, the Commerce Department said. That followed an outsized 1.7 percent rise in income in September, which was driven by insurance payments in the wake of hurricanes Katrina and Rita. The department's inflation measure - closely watched by policy-makers at the Federal Reserve - rose just 0.1 percent...

NEW YORK (CNN/Money) - Someone may have let the cat out of Wal-Mart's Black Friday bag early -- and it looks like the No. 1 retailer is ready to aggressively battle on prices in the weeks ahead by going very low on some hot products.And here's what to expect: A Hewlett-Packard Pavilion ze2308wm notebook computer for $398; an HP Photosmart E317 digital camera for $98.88; a Lexmark all-in-one printer, scanner and copier for $39.88; and a 12-cup coffeemaker, food chopper or 2 qt. slow cooker for just $4.24.Typically Wal-Mart (Research) and other retailers debut the eagerly awaited day-after-Thanksgiving specials a...