. Energy News .




.
POLITICAL ECONOMY
US Cyber Monday spending hits new high
by Staff Writers
San Francisco (AFP) Nov 30, 2011


US online shopping hit a record high on Cyber Monday with people racking up $1.25 billion worth of purchases on the Internet, according to comScore.

Sales at US e-commerce sites topped last year's Cyber Monday figures by 22 percent, the industry tracker reported.

"It was just the second billion-dollar spending day on record," said comScore chairman Gian Fulgoni, noting that last year's Cyber Monday was the first time that threshold was breached.

"It will be interesting to watch the next couple of weeks to see if any future individual days in 2011 manage to leapfrog this year's highest day-to-date," he added.

The year-end holiday shopping season was starting off strong online, with US Internet shops seeing $15 billion in sales between the start of November and Cyber Monday, according to comScore.

Cyber Monday was launched in 2005 by a US national retail association to bring online shopping into the mainstream.

As lifestyles increasingly revolve around the Internet, people are growing more comfortable with making purchases online.

Related Links
The Economy




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
Outside View: Be wary of U.S. treasuries
College Park, Md. (UPI) Nov 29, 2011
The supercommittee's failure to compromise on $1.2 trillion in budget savings won't much affect the deficit and U.S. credit ratings - or the interest rates and prices of U.S. treasuries. Still investors should limit holdings of those securities - the long-term outlook isn't good. Although the supercommittee didn't reach consensus on a combination of spending cuts and tax hikes, the Bu ... read more


POLITICAL ECONOMY
LISA Pathfinder takes major step in hunt for gravity waves

Gravitational waves that are 'sounds of universe'

Microgravity Science Glovebox Team Celebrates 10,000 Hours of Glovebox Operation

Squeezed laser will bring gravitational waves to the light of day

POLITICAL ECONOMY
Philippine solar light bottles offer hope

China's solar industry rejects US anti-dumping probe

Eclipsall Integrates Selective Emitter Technology to Solar Panel Production

Carbon Emissions Trading to Spur Solar Demand

POLITICAL ECONOMY
Wind power to account for half of Danish energy use in 2020

Vestas receives order for Michigan wind-power project

Britain's Prince Philip blasts 'useless' wind farms

Backers: Offshore wind investments to jump

POLITICAL ECONOMY
Banks lent 232 bln euros for coal plants: climate groups

China to raise industrial power prices: Xinhua

A how-to guide to slashing California's greenhouse gas emissions by 2050

The shadows in a city reveal its energy flow

POLITICAL ECONOMY
Brazil boosts naval power to protect oil bonanza

Environmentalists attack Pacific pipeline plan

EU split over slapping oil sanctions on Iran

Canadian firm bids to commercialize fusion reactor

POLITICAL ECONOMY
Habitable Does not Mean 'Earth-Like'

Exo planet count tops 700

Giant planet ejected from the solar system

Three New Planets and a Mystery Object Discovered Outside Our Solar System

POLITICAL ECONOMY
China's first aircraft carrier starts second trial

Bluefin to Provide UUVs for US Navy's LCS Mine Countermeasure

Chile to take delivery of French warship

China navy to carry out Pacific exercises

POLITICAL ECONOMY
Mars Science Laboratory Lifts Off Protected by Lockheed Martin-Built Aeroshell

NASA Launches Most Capable and Robust Rover to Mars

Did US climate weapon knock-out Russian probe

Russia's Medvedev evokes Stalin ahead of elections


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement