RadioShack Reports Larger Loss as Sales Tumble

The transcript discusses the economic situation, highlighting low gas prices and significant job gains. It then shifts to RadioShack's financial difficulties, noting its consistent losses and dwindling cash reserves. The final section covers a government spending bill aimed at preventing a shutdown, with political negotiations and disagreements over certain provisions.

What economic factors have contributed to increased consumer spending according to the Bloomberg Consumer Comfort index?

• High gas prices and low job gains

• Low gas prices and significant job gains

• Low gas prices and low job gains

• High gas prices and significant job gains

What is the main issue RadioShack is facing according to the transcript?

• Attracting mobile phone customers

• High profitability over the last eleven quarters

• Increasing sales in the third quarter

• Excessive cash reserves

How many consecutive quarters has RadioShack reported financial losses?

• Five

• Thirteen

• Eleven

• Eight

What is the purpose of the spending bill discussed in the transcript?

• To increase government spending

• To avert a government shutdown

• To increase military funding

• To reduce taxes

What is the controversial provision in the spending bill that some Democrats oppose?

• Increased funding for education

• Rollback of rules protecting taxpayers from bank losses

• Increased military spending

• Tax cuts for the wealthy