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."
Fed's Lockhart Says He Still Backs Rate Hike by December
28:56 - Federal Reserve Bank of Atlanta President Dennis Lockhart speaks about the U.S. economy and the timing for the central bank's first interest rate increase since 2006. He speaks to the Society of American Business Editors and Writers in New York. McClatchy Newspapers' Kevin Hall moderates. (Source: Bloomberg)
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