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A Buyer's Market: The Balance Of Power In Retail

Shopping apps and retail websites give consumers the power to compare prices, read reviews and shop on the go. Stephanie Clifford, business reporter at The New York Times and market researcher Paco Underhill discuss how many brick-and-mortar stores are altering pricing strategies.

Car Sales, Factory Orders Both Make Gains

Automakers report having their best month in about four years, as buyers went in search of smaller vehicles. At the current pace, sales may be back to where they were in 2007 — before the most recent recession.

Michigan Mulls Taking Over Detroit's Finances

The city of Detroit is rapidly running out of cash. Michigan's governor wants the state to either help run the city's finances or impose an emergency manager with total authority over budgetary matters. A final decision will be made this week.

N.H. Parents On Their Own In Abuse, Neglect Cases

New Hampshire has eliminated funding for representation of indigent parents charged with abuse or neglect of their child — leaving many such parents to navigate the legal system on their own. Child advocates fear that ongoing budget pressures will push other states to follow suit.

Construction Spending Dips, But Manufacturing Expands

Home construction remained flat, but spending on public projects dipped. Meanwhile, the factory sector continues to expand.

Key Economic Questions Are Unresolved

Later this week, the Labor Department will release data indicating how many jobs the U.S. economy gained or lost in March. Recent months have seen more robust job gains, but there have been a lot of concern lately over whether those gains can last.

Oil Scare Turns FedEx On To Energy Efficiency

When Fred Smith started FedEx in 1971, the company nearly didn't make it because of the spike in fuel costs related to the Arab oil embargo. That experience led Smith to turn FedEx into one of the leaders in looking for alternatives to power its vans, trucks and jets.