“Fiscal cliff” spooks shoppers in last lap of holiday race
NEW YORK/WESTBURY, New York (Reuters) – Fears about imminent tax hikes and cuts in government spending are taking a toll on U. S. shoppers and could deprive retailers of a strong finish to the 2012 holiday shopping season. The acrimonious debate in Washington over how to avoid the so-called "fiscal cliff" has cast a pall over shopper sentiment as consumers head to malls on the last Saturday before Christmas – typically one of the busiest shopping days of the year. . . .
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