Business
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NEW YORK — Even as Washington tries to rein in Wall Street pay, bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during the financial meltdown.
First it was books. Now it's DVDs. Wal-Mart Stores Inc. started another price war Thursday, trimming the online preorder prices of some upcoming DVDs following its price cut on books last month. And, once again, competitors Amazon.com and Target scrambled to match the prices.
The nation's unemployment rate jumped to an unexpected 10.2 percent in October, throwing 190,000 more Americans out of work, raising questions about whether the budding economic recovery will endure, and confronting President Barack Obama with a politically explosive new challenge.
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