For the first time this week, the stock market is seeing some volatility. The key averages have been lower since the opening bell. Wall Street has a three-day weekend ahead.
- Even with depressed consumer confidence, retail spending has been stronger in recent months. Retail chains today reported a rise in August numbers. And that came after the Commerce Department said July spending was the strongest in five months.
- Freddie Mac says mortgage interest rates fell this week, now slightly above record lows reached earlier this year. The average for 30-year mortgages fell to 3.59 percent.
- The Carlyle Group says it is buying DuPont's performance coatings business for $4.9 billion in cash. Carlyle's investments in the automotive and industrial segments already include Allison Transmission, PQ Corp. and Hertz.
- Amazon.com says its Kindle fire is "sold out". That sets the stage for its news conference next week, at which it is widely expected to unveil a new model of the tablet computer.
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