Worst holiday season in 5 years; post-Christmas sales loom
CBS News
Transcript
[Music] if you thought the discounts have been good this season just wait until December 26th retailers are expected to offer doorbuster sales starting as early as 500 a.m. at some stores retailers are busy slashing prices to try and make their sales goals and Salvage one of the worst holiday shopping seasons in 5 years online shopping has been a bit of a disappointment internet sales are up 19% but that's still the slope Pace ever during the holiday season the countdown is on for Medicare beneficiaries New Year's Eve is the deadline to either enroll or change your health plan coverage for 2008 experts say sign up as soon as possible to ensure a smooth transition in the new year it is a half day for Wall Street the stock market closes at 1 p.m. eastern time today it reopens for a full session Wednesday on Friday Traders enjoyed a Santa Claus rally when the Dow shot up 205 points to ndaq rallied 51 the CEO of Goldman Sachs is seeing lots of green this Christmas Lloyd blank fine will take home nearly $68 million in stock options and cash making it the largest bonus ever given to a Wall Street CEO unlike some of its Rivals which have suffered billions of dollars in losses because of the mortgage mess Goldman Sachs has proved unshakable the firm is rewarding blank fine by making him one of the few Wall Street CEOs to collect a bonus this year and that's your money watch watch click on cbsnews.com for more in New York I'm Alexis christopherus