Every Friday, we scan the weekly ads, deal sites and retailer marketing emails to find the best deals available for the coming week. Here are a few of the best freebies and limited-time offers we found.
FedEx says the global economy is worsening and it's again cutting its forecast for the fiscal year ending in May. The package delivery company also expects net income for the current quarter ending in November to fall well below last year's quarter.
Apple has finally introduced the iPhone 5. Smartphone fans and Apple investors are naturally excited: The very nature of the shiny new handset and the bar-raising nature of some of its features will send out ripples far beyond Cupertino.
On Monday, FedEx delivered some rough news to its employees: With profits down and cargo volume dropping, the company is going to tighten its belt and jettison some crewmen. Viewed in isolation, this might not seem like big news. But in context, it's a bad sign for for the U.S. economy.
On Monday, the stock market will take the day off to shake the confetti out of its hair. But on Tuesday, it'll be back to business as usual on Wall Street. Here are some of the items that will shape the first trading week of 2012.
Thirty large American corporations -- all of them profitable -- spent more money on lobbying than they paid in federal taxes from 2008 to 2010, according to a report from the nonpartisan reform group Public Campaign.
Amazon's holidays are off to a great start, but with its stock trading north of 100 times earnings, AMZN shares could be the one thing you don't want to buy from the online retailer. Instead, consider these companies that are riding on the coattails of the online shopping boom.
The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume. The cuts are part of $3 billion in reductions aimed at helping the agency avert bankruptcy next year.
If the USPS went into bankruptcy, would anyone care? Not according to former UPS board member Gary MacDougal, who argued in a scathing attack last week that "the rapid growth of email, online bill paying," and private parcel delivery firms like UPS and FedEx has made the Post Office obsolete. Statistics suggest he's right.
FedEx cut its earnings expectations for the fiscal year ending in May due to slowing global economic growth. The outlook from the world's second biggest package delivery company may add to growing investor concern about the strength of the worldwide economy.
As the U.S. Postal Service works feverishly to close its budget gap, UPS is taking advantage of the turmoil to highlight how much more innovative its brown-clad couriers can be, compared to their blue-suited cousins.
On Tuesday, Postmaster General Patrick Donahoe went before the Senate Homeland Security and Governmental Affairs Committee to plead for a government bailout. USPS is losing $9.2 billion a year and is currently on track to lose $20 billion annually by 2015. How can it be saved?
The U.S. Postal Service released a list of nearly 3,700 post offices that it will consider shuttering. The USPS lost more than $2.2 billion last quarter, and has warned that it will run out of money in September, so such closures are probably inevitable.
Would the U.S. ever consider selling the Hoover Dam, all the gold in Fort Knox, or the naming rights to the Grand Canyon? That may depend on how desperate it is to balance the budget. It certainly wouldn't be the first time a nation has considered selling its national treasures. Our partner, 24/7 Wall St, examined nine U.S. assets whose auction could take a bite out of the deficit.
Expect to pay more this year for many consumer goods -- from diapers to toothpaste to Big Macs. Just as the typical American family will finally have a few more dollars to spend, inflation will take a chunk of that extra cash.