Gray Thursday may become the new Black Friday. Many big retailers have moved up the beginning of their shopping season, traditionally the Friday after Thanksgiving, to Thursday evening.
Brick-and-mortar retailers are feeling pressure from online retailers, which have given consumers an earlier shopping option.
"In the past, online retailers have had Thanksgiving Day all to themselves," says Marshal Cohen, retail analyst with the NPD Group. "And what that means is by the time Black Friday comes around, a lot of consumers have already spent a bunch of money."
Senate Minority Leader Mitch McConnell, R-Ky., prepares to announce a debt ceiling deal in July 2011. That deal laid the foundation for the across-the-board spending cuts set to take effect on New Year's Day, 2013.
New Year's Day typically inspires hope and new beginnings. But this next one may be cause for trepidation. Tax cuts for all income levels expire on Jan. 1, 2013, and most federal programs will face a 10 percent haircut — because Congress failed to agree on a deficit-reduction plan.
A Palm Beach County election worker counts ballots in Riviera Beach, Fla., on Nov. 9. Rep. Allen West contested the results of the election in Florida's 18th District for two weeks before conceding. Since 2000, the number of contested elections has more than doubled.
After two weeks of dispute with St. Lucie County elections officials, Florida Rep. Allen West conceded the race for Florida's 18th Congressional District to Democrat Patrick Murphy on Tuesday.
Allen's post-election battle was the most high-profile this year, but the phenomenon is by no means unusual. In today's political climate, candidates don't like to concede, even after the votes have been counted. Increasingly, they are taking their cases to the courts, says Joshua Douglas, an assistant professor of law at the University of Kentucky.