10/09/09 – the Grio & CNBC Market Wrap Up

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TheGrio and CNBC team up to deliver a weekly preview of money matters and market updates for our community.

CNBC’s Shartia Brantley reports that the economic recovery is underway. In the service sector, the ISM non-manufacturing report showed improvements in September, posting a reading of 50.9%. Consumers continue to pay down debt. The National Retail Federation projects retail sales will decline by 1% and Amazon.com cut the price of its Kindle by 13% due to growing competition.

Watch the video, exclusively from theGrio.com.