Securities and Exchange Commission (SEC) chairwoman Mary Schapiro is stepping down. She took over the agency in 2009 as it was reeling from criticism over the financial crisis and the Bernard Madoff's Ponzi scheme. Schapiro is credited as a consensus builder who restored some stability to the SEC. She is being replaced by SEC commissioner Elisse Walter.
Thanksgiving weekend spending shot up nearly 13 percent from last year, and there's more time between Thanksgiving and Christmas this year for people to shop. And if a deal to avoid the fiscal cliff comes just before Christmas, as some expect, it could brighten the economic mood of last-minute shoppers.
Each year PNC Wealth Management adds up all 364 items in the carol — the swans, the geese, the golden rings — and comes up with a price tag. This year they'd cost more than $107,000, up more than 6 percent from last year.
There are clever names for many of the holiday season's key shopping days. Today's is in honor of what's said to be the biggest online shopping day. Tuesday's aims to get people to be charitable. Maybe Wednesday's should be for when the bills come in?
It's an old saying in retail: "The customer is always right." But many companies that sell online or through catalogs have moved away from that motto — making customers pay to return merchandise. Sellers think it's a fair policy. Consumers don't see it that way, and a new study suggests that firms would be far better off in the long run footing the bill for returns.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.