It dates back to 1878, when the owner of a department store in Philadelphia did it. He called it a "white sale" because most bedding was just white at the time.
The Labor Department announced that the U.S. economy added 157,000 jobs in January. The unemployment rate inched upward by a tenth of a point, to 7.9 percent.
Regardless of who wins the presidential election, starting January 2013 some 163 million workers across the United States will be slapped with a significant tax increase.