CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Bernanke's comments concerned investors. There was good housing news and Apple's Tim Cook faced the Senate's music. Also, Jamie Dimon held on to his dual titles.
The growing appeal of luxury goods to men and increased confidence among affluent spenders are boosting sales and encouraging luxury brands to step up their investments in the U.S.
Rob Sechan, UBS Private Wealth Management, says investors' biggest concern is avoiding permanent loss. And is Tiffany a buy? It's been a turbulent week for the markets, as investors try to figure out the Fed and QE.
In the decade since K-Mart and Sears merged, both companies are struggling to keep customers coming back. Paul Swinand, Morningstar analyst, explains what he believes is holding them back, and where they're headed from here.
The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
Stocks are volatile on fears the Fed will pull back its stimulus effort too soon, with Jon Hilsenrath, Wall Street Journal and the FMHR crew. But Jeremy Zirin, UBS, says don't fear the end of QE.
A number of retailers are out with quarterly numbers, from the low-end to high-end, with Stacey Widlitz, S.W. Retail Advisor, and Matthew Boss, JPMorgan retail analyst.
Workers demanding a minimum wage increase have staged walkouts across the country, saying they can't survive on the money they make. Can they get anything done?
Fed Chairman Ben Bernanke said fiscal policy at the Fed level has become significantly more restrictive, with the FMHR team. Paul Richards, UBS Global FX Management Committee, weighs in.
While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
JC Penney CEO Mike Ullman told shareholders: "I have an enduring affection for J.C. Penney." They appeared to return the favor, at the company's shareholder meeting.