Wall Street Journal What's News

The Thanksgiving shopping weekend brought out more shoppers than last year, but average spending per customer declined ... Iran announced plans to build 10 more uranium-enrichment facilities ... and the UAE's central bank said it would pump liquidity ...

Stocks tumble in reaction to Dubai credit crunch; retailers open early to welcome Black Friday bargain hunters; and GM's Saab looking for a buyer.

Discounters have reported an upswing from Black Friday shopping, while the effect for high-end retailers appears more subdued. The Dubai debt crisis has been weighing-on various markets. Several parties have expressed interest in GM's Saab unit.

Top European officials will press China to allow its currency to rise against the Euro, retailers are cranking up promotions and General Motors indicates that it will keep all four of its factories in Germany

Stocks finished higher ahead of the holiday, Connecticut's State Attorney General is planning to sue ratings agencies, head of GE is working to secure Vivendi's stake in NBC Universal and bankruptcies soar over the past year.

New-home sales unexpectedly climbed 6.2% in October. Durable-goods orders were lower, signaling the recovery will be sluggish.

The White House is considering a bipartisan commission to tackle the nation's deficit ... the brother of Galleon hedge-fund manager Raj Rajaratnam also drew scrutiny ... and AIG's chief executive gave indications that he's committed to staying at the ...

Stocks dip as investors lack confidence; GM's deal for Saab falls through; and Facebook lays the groundwork for as possible IPO.

GDP growth was revised down to 2.8% amid a wider trade deficit and lower consumer spending. Consumer confidence rebounded slightly.

The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23% ... some federal officials are pressing the U.S. pay czar to ease up on AIG compensation curbs for 2010 ... and preseason trends ...

Stocks rise on a surge in existing home sales ; new research shows evidence that viox significantly raised the risk of heart attacks three years before it was pulled from the market; and a CPSC study links high levels toxic fumes to Chinese made drywall.

Sales of existing single-family homes rose by 10.1 percent in October, a larger-than-expected increase. A survey of business economists shows many anticipate an increase in job creation in the quarter of 2010.

The White House is lukewarm about proposals by congressional Democrats to introduce broad legislation to create jobs ... stock-market investors are retreating, worrying that the end of the year could bring challenging trading conditions ... and Chrysler ...

A late rally attempt fizzles as a strengthening dollar continues to hamper stocks; Europe's Central Bank begins to unwind stimulus measures; and Morgan Stanley hands over the keys of a failed real estate venture to its lenders.

Goldman Sachs shareholders want the firm to reduce the size of its bonus pool; weak earnings from Dell pull tech stocks ...and the rest of the market...lower; and 29 states saw rising unemployment in October.

Some of Goldman's largest shareholders have urged the firm to reduce the size of its bonus pool ... political frustration over Wall Street's rescue and high unemployment erupted in Congress ... and Dell's profit dropped 54% despite recent signs of ...

Stocks slide as a downgrade of the semiconductor sector makes waves with investors; AOL plans to cut up to a third of its workforce, and the economy is growing, though at a slow pace.

Weekly jobless claims were flat. AOL announced plans for major job cuts. Federal energy regulators are forecasting lower home heating oil costs this winter.

A showdown on health care will take place in Washington over the next few days ... Birds Eye Foods is expected to be acquired by Blackstone's Pinnacle Brands for $1.3 billion ... and a defendant accused of exchanging a case of cash for inside information ...