Christina Cheddar Berk is assistant managing editor of Enterprise coverage at CNBC Digital. Before joining CNBC, she was a special writer at Dow Jones Newswires and a guest columnist for the Wall Street Journal. Cheddar Berk was part of a team of reporters who received a Society of American Business Editors and Writers award for breaking news coverage. She also has worked as an associate editor for "The World Almanac" and an assistant editor for "Funk & Wagnalls New Encyclopedia."
Gift cards are still at the top of everyone's wish list this holiday season, but growth is expected to slow dramatically from last year.
Balmy temperatures meant a few more weeks of summer, but the warm weather likely put a chill on retail sales.
Third-quarter profits are expected to be the weakest in five years, but much of the slowdown may be confined to the financial sector.
As earnings season kicks off Tuesday with Alcoa's results, analysts have been lowering their already bearish forecasts.