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The latest CNBC Holiday Central survey shows most expect holiday spending to grow 1% to 3% this year, the the smallest annual increase since 2002.
With that in mind, CNBC asked the experts for their outlooks. Here is a sampling:
Blue Christmas... or Green?
Howard Davidowitz, chairman of Davidowitz & Associates, warns that "the consumer is sinking," and the consumer's "balance sheet...and psyche is gone." But Bill Martin, co-founder of ShopperTrak, is a "little more optimistic": he says consumers remain "resilient" and determined to buy. With CNBC's Dylan Ratigan.
Holiday Central Survey
CNBC's Steve Liesman breaks down the survey results -- and what it might reflect in real spending terms.
Must-Have Gadgets
Microsoft's newly released Halo 3 videogame may zap Nintendo and Sony this holiday season, says Brian Cooley, editor-at-large at CNET.com. With CNBC's Carl Quintanilla and Tech Check blogger Jim Goldman.
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- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
- Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
- A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.
Data is a real-time snapshot *Data is delayed at least 15 minutes