Will Tough Times Curb Christmas Spending?

Bloomberg's Charles Allen discusses how the global slowdown will affect Christmas retail spending. He spoke on Bloomberg Television's "City Central."
Record Iron Ore Shipments Weigh on Price
44:57 - Iron ore exports from Australia’s Port Hedland climbed to an all-time high in June as mining companies in the world’s largest shipper increased low-cost output. Prices tumbled and producers’ shares fell. Bloomberg's Paul Allen reports on "First Up." (Source: Bloomberg)
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