LABOR DAY

Tropical Storm Lee Threatens Massive Flooding in Alabama, Louisiana, Mississippi

The rain keeps falling in New Orleans and along the Gulf Coast as Tropical Storm Lee pushes closer, and it's likely only going to get worse.The slow-moving storm is expected to bring massive flooding to some areas Alabama, Louisiana and Mississippi this Labor Day weekend.Lee is spawning tornado warnings, evacuation and knocking out power in New Orleans and southern Louisiana on Saturday.

Last-Minute End-of-Summer Travel Deals

There's still a bit of summer left in 2011, so why not make the most of it and check out these end of summer travel deals for last minute vacationers (or anybody who wants one last getaway)

This Week In Petroleum - Gasoline Prices at Summer Low before Labor Day Weekend

Heading into the Labor Day holiday weekend, U.S. retail gasoline prices have fallen for three weeks in a row, currently averaging $2.68 per gallon, the lowest level of the 2010 peak summer driving season, and the second lowest price at this point in the past five summers (Figure 1). This year, prices peaked on May 10 at $2.91 per gallon. Compared to price variation experienced over recent summers, gasoline prices have moved in a narrow range during this summer's driving season (Figure 2).

Retail sales to show slump may persist

U.S. retailers probably saw sales decline again in September, signaling weak demand leading into the holiday season that will require chains to sharpen their focus on value.

What Labor Day means to Americans?

In recent years, most Americans have regarded Labor Day as a vacation day at the end of summer. However the history of Labor Day and what the day represents should not be forgotten.

Labor Day quotes

Today America is celebrating Labor Day, here are some quotes shared by the famous in the past.

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Low-price reigns in mixed retail sales reports

Lower-priced U.S. retailers posted better-than-expected sales results in August as consumers looked to save money in the key back-to-school season, leaving luxury chains struggling.
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Many U.S. retailers report lower August sales

U.S. retailers reported August sales that showed some signs that the economic downturn was easing, but a late Labor Day holiday and muted consumer enthusiasm weighed on the key back-to-school season.
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Costco and Limited beat August sales estimates

U.S. retailers reported August sales that showed some signs that the economic downturn was easing, but a late Labor Day holiday and muted consumer enthusiasm weighed on results in the key back-to-school season.
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Late Labor Day seen pulling down August sales

U.S. retailers are likely to get an incomplete mark for the key back-to-school season when they report August sales this week, as a later Labor Day is expected to pull some sales into September, pressuring August results.
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