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Latest news from around the web, updated 10 minutes ago.

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- BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
  
  1 month ago
  
  from Getty Images
- Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
  
  1 month ago
  
  from Reuters Pictures by Reuters
- A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
  
  2 months ago
  
  from Reuters Pictures by REUTERS
- BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
  
  2 months ago
  
  from Getty Images
Hot off the wire
- Major League Baseball commissioner Bud Selig speaks at a press conference following a meeting Thursday, Nov. 20, 2008, in New York.
  
  1 hour ago
  
  from AP Photo by Louis Lanzano
- Calgary Stampeders quarterback Henry Burris playfully poses with the Grey Cup during the team lunch in Montreal, November 20, 2008. The Stampeders will play the Montreal Alouettes in the CFL's 96th Grey Cup football game on Sunday.
  
  25 mins ago
  
  from Reuters Pictures by REUTERS
- A handout picture released by the Lebanese photo agency Dalati and Nohra shows Lebanese President Michel Sleiman (L) meeting with French Prime Minister Francois Fillon (R) at the presidential palace of Baabda, east of Beirut, on November 20, 2008. Fillon arrived in Lebanon today for a two-day visit set to focus largely on economic issues.
  
  6 hours ago
  
  from Getty Images by AFP/Getty Images
Recently starred
- A woman who had an arrest warrant for possession of crack cocaine is handcuffed in South Los Angeles, November 12, 2008. Many in the area believe that Obama's historic victory as the first black U.S. president could bring about positive change. Picture taken November 12, 2008.
  
  5 days ago
  
  from Reuters Pictures by REUTERS
- A female US soldier is seen on watch during a Peace Concert at the Zawrak Park in central Baghdad on November 07, 2008. Al-Qaeda in Iraq today has urged US president-elect Barack Obama to adopt a policy of neutrality in the war-torn country and to withdraw US troops from there and other Muslim countries.
  
  1 week ago
  
  from Getty Images by AFP/Getty Images
- An Indian boy flies a kite against the backdrop of a sunset near the Indo-Bangladesh border village Raimura near Agartala, capital of Indian northeastern state Tripura on July 26, 2008. India plans to fence its eastern frontier with Bangladesh to prevent illegal infiltration and cross border movement of insurgents. Tripura has a total of 856 km open border with Bangladesh, allegedly from where the militants operate.
  
  3 months ago
  
  from Getty Images by AFP/Getty Images
- Partizan Belgrade's Nikola Pekovic (L) vies for the ball with Andrew Betts (R) of DKV Joventut Badalona, during their basketball group B Euroleague match at the Pionir Arena in Belgrade, 03 January 2007. AFP PHOTO / ANDREJ ISAKOVIC
  
  22 months ago
  
  from Getty Images by AFP/Getty Images

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Measure of Retail Sales Shows a Steep Decline in SeptemberStory

Measure of Retail Sales Shows a Steep Decline in September

The back-to-school shopping season is about to receive a dismal report card. MasterCard SpendingPulse, which measures national retail sales, said a steep drop-off in consumer spending sent its specialty retail sales index plunging 7.7 percent...

1 month ago from The New York Times

More-articles

September consumer sales drop sharply: MasterCard

NEW YORK (Reuters) - U.S. shoppers worried by shrinking bank and retirement accounts tamped down spending across the board in September as the country's financial crisis worsened, MasterCard Advisors said in a report on...

1 month ago from Reuters

Sept. Consumer Sales Drop Sharply: Mastercard

NEW YORK (Reuters) - U.S. shoppers worried by shrinking bank and retirement accounts tamped down spending across the board in September as the country's financial crisis worsened, MasterCard Advisors said in a report on Tuesday. Not one...

1 month ago from CNBC

Connections

Quoted

The turmoil on...

People will save...

It is the...

The turmoil on Wall Street had an immediate impact on consumer confidence ... Uncertainty around the financial markets naturally forces people to scale back their own spending.

Kamalesh Rao said this in:

Sept. Consumer Sales Drop Sharply: Mastercard

1 month ago from CNBC