Stocks rose to new highs as investors reacted to strong home-price gains and an unexpected jump in consumer confidence and outlook for the New Year.» Read More
The retail industry looms large in this week's market winners and losers, and considering it's Black Friday, no surprise there.
Despite high tax rates, states like New York and California remain alluring to the wealthy, topping the list of newly created multimillionaires.
By starting sales on Thanksgiving rather than Black Friday, and other strategies, retailers hope to dampen the dangerous frenzy of prior years.
Stocks touched on new highs today, and the earnings outlook suggests big gains are still coming, despite the slow economy, according to one guru.
Here are this week's biggest winners and losers, as seen through the lens of Executive Edge.
As broad stock indexes hit new highs, short sellers dwell on the negative, hoping Fed tapering will torpedo stocks and reverse the shorts’ big losses.
Retail shoppers are polarizing, gravitating to discounters and luxury stores. Traditional middle-class outlets like department stores could lose out.
The virtual currency has enjoyed a huge gain in value as investors have come to take it seriously, but Congress and regulators worry about misuse.
Not even $3 billion could convince Snapchat's founders to go work for Facebook's Mark Zuckerberg, but it was a better week for Amazon and Apple.
Playing defense in the Affordable Care Act battle, President Obama said people may keep health care policies that don’t meet the new standards.
The record price paid for a Francis Bacon work at Tuesday night’s Christie’s auction highlights the Fed’s failed efforts to boost the economy.
A first look at Obamacare signups, from Kentucky, shows younger women dominate and select higher quality plans.
The Fed’s low-rate policy is supposed to stimulate lending, but banks prefer minimal earnings on cash to the risk of building up consumer lending.
Despite the government shutdown, employers added a robust 204,000 jobs in October. But the labor participation rate dropped to the lowest since 1978.
With shares up more than 75 percent, Twitter’s co-founders and CEO are together worth more than $4 billion, though the firm remains deep in the red.
Demand for Twitter has lifted the likely offer price to $27, but advisors caution against the stock, citing IPO risks and social media competition.
Papers by Fed economists say rates should stay low until unemployment falls to 6 percent or lower, perhaps keeping rates below normal into the ‘20s.
Calls to raise taxes on the wealthy are growing. Some want to boost the capital gains rate, and some states consider higher rates for the wealthy.
While high unemployment allows many employers to play tough, Container Store takes the other tack, priding itself on superb employee relations.
As the open enrollment season gathers steam, many employers are blaming Obamacare for hikes in employee-paid premiums, whether it’s true or not.