Report: Black Friday Online Shopping Up 10 Percent
The numbers are in for Black Friday holiday shopping, and once again web sites specializing in consumer electronics showed the biggest surge. Overall, traffic to e-commerce sites was up 10 percent over last year to 21.2 million unique visitors.

Stock futures point to higher open
NEW YORK - Stock futures rose sharply Tuesday after the Abu Dhabi Investment Authority said it will invest $7.5 billion in Citigroup Inc. — a vote of confidence for the nation’s largest bank, which has suffered losses amid the ongoing crisis in the mortgage market.

Citigroup Plans New Round Of ‘Massive’ Job Cuts
Citigroup, Wall Street’s largest financial services firms, is planning its second round of large-scale layoffs in less than a year, CNBC has learned… [P]eople with knowledge of the matter have described the pending job reductions as “massive” and “large.” The total number could reach as high as 45,000, these people estimate… In April, Citigroup cut nearly 5% of its workforce, or 17,000 employees.

Cheney on predatory lending: ‘the markets are working.’
In a new interview with Fortune magazine, Vice President Cheney says that the government shouldn’t intervene to curb predatory lending practices because it would interfere with the “working of the markets“:

Minorities hit hardest by housing crisis
In September, the Federal Reserve released a study that found 52.8 percent of African-Americans got a high-cost home loan when they refinanced in 2006, compared to 37.7 percent of Latinos and just 25.7 percent of whites in the same year. A similar study by the Association of Community Organizations for Reform Now, known by its acronym ACORN, in September found the same pattern even when income was equal.

agriculture african loanshome 80 20 loan$150,000 loan homeloan advance line cashloan american student consolidationreceivable accounts loanloans american express home100 payday approval loan Map