Black Friday Sales Coming Earlier

ABC News Blogs

Morning Business Memo:

Black Friday sales are coming earlier than ever this year. At some big retailers the holiday shopping season starts now. Increasingly, stores are announcing specials to get shoppers in the buying mood as soon as possible. "I think we'll start to see some pre-black Friday pre-cyber Monday deals start to take place this week and next week," says James Brown, senior director of Merchant Services at PriceGrabber.com. "Everybody is racing to get to the consumer dollars as fast as possible." Toys R Us, Target and Wal-Mart are opening as early as 8 p.m. on Thanksgiving night. Brown says tablets are by far this year's hottest gift item. "They look to be the must-have product this holiday season." There are more new tablets to choose from this year. "The pricing is more competitive now where individuals can buy a tablet in the $200 price point range," as opposed to $500 and up in past years.

The man behind Windows 8 is out. Microsoft (MSFT) says Steven Sinofsky, the president of its Windows unit, is leaving the company. The announcement comes just weeks after Microsoft launched Windows 8 - which was a major overhaul of the computer operating system. Microsoft did not say why he was leaving but there have been reports of conflict between Sinofsky and Microsoft CEO Steve Ballmer.

Stock futures dropped this morning. Overseas markets fell. Oil is down and gold is down after investor disappointment about Greece. European finance ministers put off approval of an urgently needed aid payment to the Greek government. The Eurozone ministers appear to agree Greece will have more time to make needed reforms. But most financial experts do not believe Greece can ever repay the massive debt it owes.

US homeowners are paying down their debt. Credit reporting firm Trans Union says fewer homeowners are behind on their mortgage payments. The third quarter number dropped to the lowest level since the first quarter of 2009. The late payment rate though is still well above the historical average.

Don't be surprised if some of your co-workers call out sick today. Their "bug" could be caused by the release of "Call of Duty: Black Ops II," probably the biggest new video game of the year. Thousands of stores opened at midnight so gamers could get their hands on it right away. The last Call of Duty release made more than $400 million on its first day - a far bigger haul than box office receipts for the hottest Hollywood movies.

Richard Davies Business Correspondent ABC NEWS Radio ABCNews.com twitter.com/daviesabc

View Comments (44)

Recommended for You

  • Mike Pence Rally Interrupted by Protesters, a First for the VP Candidate's Campaign

    While Donald Trump has generally responded to protesters’ interruptions by bellowing to security "get 'em out," his running mate Mike Pence has a different, more subtle approach. On Friday, the Indiana governor-turned-GOP vice presidential candidate was interrupted by two protesters at a rally at…

    Good Morning America35 mins ago
  • FBI Investigating Cybertheft of Clinton Campaign Information

    The FBI is investigating the cybertheft of proprietary information collected by Hillary Clinton's presidential campaign, but the campaign says no internal computer systems were hacked. The investigation comes on the heels of two other FBI investigations into hacking of the Democratic National…

    Good Morning America
  • Suspect Charged in Fatal Shooting of San Diego Officer, Police Say

    A suspect has been charged and another potential suspect is in custody in a "gut-wrenching" shooting in San Diego that left one officer dead and another injured, police said. Jesse Michael Gomez, 52, was charged with murder and attempted in the shooting, police said. The incident happened "very…

    Good Morning America
  • Donald Trump Says Hillary Clinton 'Doesn't Know How to Win'

    Trump defended himself in an interview with ABC News’ George Stephanopoulos and blasted Clinton as dishonest and weak. “I think I have a great temperament, I have a temperament where I know how to win,” Trump said. He also accused Clinton of being dishonest about his abilities as a campaigner.

    Good Morning America
  • Zika Cases Spike in Puerto Rico as Virus Spreads 'Silently and Rapidly'

    The Zika virus is rapidly spreading though Puerto Rico, leading to more than 5,500 infections, the U.S. Centers for Disease Control and Prevention reported today. Puerto Rico has been dealing with the Zika outbreak for months, and Zika infections have spiked recently, rising from 14 percent…

    Good Morning America
  • Meryl Streep Admits she Once Thought her Career Would End at age 40

    In an interview with WSJ Magazine following the premier of her latest movie, 'Florence Foster Jenkins', Streep opened up about the age barriers for women in Hollywood that once seemed more impenetrable than now.

    Good Morning America
  • Heartbroken Family Hopes Baby’s Death From Whooping Cough Raises Awareness

    A California couple grieving the loss of their infant son from whooping cough is vowing to raise awareness of the disease.Ty'Ree Rodgers of San Diego told ABC News that his 3-week-old, Jaxon Rodgers, died July 15 from the effects of whooping cough. Rodgers and his girlfriend, Jonalyn Lema, both 24,…

    Good Morning America
  • Clinton Embarks on Bus Tour Courting Anti-Trump Republicans

    Democratic presidential candidate Hillary Clinton, fresh off her historic week in Philadelphia, kicked off the last 100 days of her campaign by embarking on a bus tour that will be part of a concerted effort by the Clinton campaign to court anti-Donald Trump Republican voters. The three-day tour…

    Good Morning America
  • Teen Battling Bone Cancer Marries High School Sweetheart in Hospital

    When Swift Myers and Abbi Myers, nee Ruicker, wed on Sunday, it was from the bed at an Oklahoma hospital where Swift Myers, 18, has spent the last month battling cancer. "I was in shock," Abbi said of the outpouring of love.

    Good Morning America
  • $536 Million Jackpot Finally Claimed by Indiana Couple who Forgot They Bought Tickets

    A couple from Hamilton County, Indiana, with two children has come forward and been confirmed as the winners of the $536 million jackpot, Indiana's Hoosier Lottery officials announced at a news conference today. The prize is the largest ever won by a single ticket holder in Mega Millions history. …

    Good Morning America
  • 4-Year-Old Whose Prosthetic Leg Was Stolen Gets New 'Ghostbusters'-Themed Limb, Free Trip to Disneyland

    A 4-year-old California boy whose prosthetic leg was was stolen at a beach this past weekend was surprised on Wednesday with a new "Ghostbusters"-themed limb. The custom-designed prosthetic was created and donated by Michael Metichecchia, owner of Essential Orthotics and Prosthetics in Palmdale,…

    Good Morning America
  • What to Know About First Local Zika Outbreak in Continental US

    For the first time in the continental U.S. the Zika virus has been spread locally through infected mosquitoes. Florida Gov. Rick Scott announced the first local Zika outbreak today, saying that four people have been infected. Here's what you need to know about the latest Zika outbreak.

    Good Morning America
  • Haitian Band Entertains Plane Passengers Delayed 6 Hours

    When a United Airlines flight in Chicago was delayed for nearly six hours earlier this month, a Haitian band on board took it upon themselves to be the in-flight entertainment. On July 23 members of Port-au-Prince-based band Lakou Mizik treated their fellow passengers to an impromptu performance. …

    Good Morning America
  • After Historic Democratic Convention, Celebrities Take to Social Media

    What's a historic night without celebrity Instagrams and tweets to follow?Hillary Clinton accepted the Democratic Party's presidential nomination Thursday night in Philadelphia, making history as the first woman nominee for a major party. As the star-studded Democratic National Convention came to a…

    Good Morning America
  • Son Replaces Family Photos With Steve Buscemi to Prank Parents

    It took five days and a really good eye for Kevin Manion’s prank to reach its full effect, but it got better with each passing day. “If you’re not expecting to see [Steve Buscemi's] face, it’ll catch you off guard,” Kevin joked. “Dad pulled me aside one day and was like, 'Alright Kevin, why is…

    Good Morning America
  • Missing London Cat Found 8 Years Later in Paris

    When Marna Gilligan's cat slipped out of her London home during a New Year's party eight years ago, she thought she'd never seen her again. That was until she got a call, saying that her cat, known as Moon Unit, had been found thanks to her microchip. Moon Unit, a domestic short-hair, had…

    Good Morning America
  • Jenna Dewan Tatum Talks the 'Balancing Act' of Motherhood

    Actress Jenna Dewan Tatum says she's still mastering the "balancing act" of motherhood and marriage. Dewan Tatum has a 3-year-old daughter, Everly, with husband Channing Tatum. Although she and her husband both appear pretty flawless most of the time, Dewan Tatum admits she has her good days and…

    Good Morning America
  • California Inmates Care for Deaf Dogs Evacuated From Shelter Due to Sand Fire

    A group of inmates at a California state prison are providing shelter, care and love for dozens of deaf dogs that were recently forced to evacuate a nearby shelter threatened by a wildfire. Nearly 50 dogs at the Deaf Dogs Rescue of America in Acton, California, were evacuated this past Sunday…

    Good Morning America
  • The Post-Convention Bounce: What to Watch for in the Race for the White House

    For decades, political conventions have marked one of the best moments to plead your case to the American electorate and generate momentum headed toward November. The convention bounce is a small -- or sometimes not-so-mall -- bump in a candidate’s support after the forceful messaging and…

    Good Morning America
  • Bear Cools Off With Dip in Backyard Pool

    A bear in California found relief from the heat in a local resident's swimming pool, as shown on a video released by a California police department."A resident shared this video with us of a bear cooling off in the family pool this morning. ...

    Good Morning America