Business news for Mon, 31 Dec 2007 & with word spending. 6 news.

eMarketer is forecasting U.S. online ad spending to reach almost $28 billion in 2008--with the market buoyed by the presidential election and the Beijing Olympics, among other factors. That's up nearly 29% from this year.

Sales in the US by online retailers rise 19% between 1 November and 27 December, comScore says.

This is the year consumer technology holiday sales went flat.

It's going to be a tough year for the Sacramento economy, with real estate prices slipping, retail sales slowing and state spending getting squeezed.

The Army Corps of Engineers came to the District in the late 1990s on an expensive mission: launch a massive overhaul of decrepit school buildings, which eventually included spending $80 million to replace ancient heating systems with brand-new boilers to last 25 years or more.

Australia will review its air-combat spending program, which includes a $5.8 billion deal for 24 F/A-18 Super Hornet fighter bombers from...