Penney CEO Mike Ullman decided to do away with Stewart's home-goods line after they didn't sell well, The Post reported.
However contentious the debt ceiling talks might be, we can be virtually assured there will be no sequestration sequel.
Two Wall Street financiers locked horns and bid each other up in a face-to-face auction for an overgrown 1,885-foot-long strip of land, just 1 foot wide. NBC reports.
This could be a sign that the student loan bubble is starting to burst.
Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.
Pimco's Bill Gross sees an increasingly constrained investing environment, where the unwinding of central bank stimulus is creating an "unstable field" of choices.
Financial markets can handle higher yields as long as they're for the "right reasons," Drew Matus, senior U.S. economist and managing director at UBS, told CNBC.
Many U.S. retailers reported stronger-than-expected August sales on Thursday, but they had to use steep discounts to woo back-to-school shoppers.
Investors are still buying into promises of juiced up returns. The largest hedge fund firms in the Americas kept adding assets in the first half of the year.
The pace of growth in the services sector accelerated to its fastest pace in almost eight years. A separate report showed that new orders for US factory goods dropped in July.
The private sector added 176,000 jobs in August while weekly jobless claims continued their decline, indicative of slow but steady gains.
The jobless rate for older workers is far below the national average. But if an older worker loses a job, the duration that person will stay unemployed is typically much longer.
Labor costs were flat in the second quarter, a sign of minimal inflationary pressures in the U.S. economy.
The number of planned layoffs surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed.
The two sides were trading blame, rather than blood vials, over hGH. The banned substance is far harder to detect than steroids.
Russia and China warned on Thursday that the end of the U.S. Federal Reserve's bond-buying program could have a profound impact on the global economy and urged caution.
The Friday jobs report is seen by some traders as make or break for the Fed's decision later this month on whether to taper back its $85 billion monthly bond purchases.
The struggling handset maker is now aiming to quickly auction itself off, possibly as soon as November, according to a report.
Finished lot prices are up an average of 40% nationwide, and in the hottest markets they've nearly doubled. USA Today reports.
The Senate foreign-relations committee approved a resolution authorizing the use of military force in Syria, clearing the path for a full Senate vote.