Economy, Profit | featured news

Target Corp posted lower quarterly profit on Wednesday, as sales of food and value-priced items only partially mitigated some weakness it saw when holiday shoppers held back from discretionary spending in an uncertain economy.

The nation's largest mortgage lender said revenue from mortgage banking jumped almost 80% and consumers borrowed more on their credit cards. But it called the economic recovery uneven.

The Green Bay Packers haven't been sacked by the recession despite a rough season on the field and significant financial challenges off it, but officials remain wary of the future.