CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks ended the week positive. Europe instituted a bond-buying boost. And is McDonald's poised for a comeback?» Read More
Hardeep Walia, Motif Investing CEO, looks at how the lower income consumer benefiting from drop in oil prices impacts discount stocks.
Department-store operator J.C. Penney is bringing back its hefty print catalog five years after ditching it to focus on the web.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks were hit this week but recovered a bit on Friday. Oil continued its slide and oil services company Schlumberger announced it would be laying off workers.
Home Depot announced that it has elected CEO and president Craig Menear as chairman, effective February 2, succeeding Frank Blake.
The multiyear losing streak by the video game industry finally came to an end in 2014, though any celebrations may be muted.
Best Buy said it expects flat to negative same-store sales growth in the first two quarters of its fiscal year starting February.
Discussing the pressure being put on Best Buy by retailers like Amazon and Wal-Mart, with Henry Blodget, Business Insider editor-in-chief & CEO, and the "Squawk Alley" crew.
Discussing whether drivers diverted savings from the gas pump into retail, with CNBC's Courtney Reagan and Monica Metha, Seventh Capital.
Discussing today's weak retail sales data and Obamacare's impact on the overall economy, with Kim Caughey Forrest, Fort Pitt Capital Group; Keith Fitz-Gerald, Money Map Press; Kenny Polcari, O'Neil Securities; and CNBC's Steve Liesman.
Mandy Drury announces the winner of a retail bet between CNBC's Courtney Reagan and Steve Liesman.
WASHINGTON, Jan 14- U.S. retail sales recorded their largest decline in 11 months in December as demand fell almost across the board, tempering expectations for a sharp acceleration in consumer spending in the fourth quarter. "Faulty seasonal adjustments from shifts in holiday spending patterns are probably more to blame for the December decline," said Steve...
CNBC's Bob Pisani discusses the stunning market volatility and what's concerning to the global and U.S. growth stories.
CHICAGO, Jan 14- Strong online buying, an improved job market and falling gas prices boosted 2014 U.S. holiday sales to their highest rate of growth since 2011, according to data released Wednesday by an industry group. The National Retail Federation, which had forecast retail sales to rise 4.1 percent this holiday season, estimated total sales rose 4 percent to...
CNBC's Steve Liesman reports CNBC's Rapid Update shows fourth quarter GDP tracking at 3.2 percent.
CNBC's Rick Santelli looks at the effect of the drop in gas prices on retail, and the action in the Treasury market.
A 6.5-percent monthly decline in gas station receipts accounts for much of the drop in December retail sales.
NEW YORK— Stocks are falling and bond prices are rising following some discouraging news on the U.S. economy and a weaker forecast of global growth. The World Bank forecast that that global economic growth this year won't be as high as previously thought. The U.S. Commerce Department reported a drop in retail sales last month.
*Retail sales fall 0.9 percent in December. WASHINGTON, Jan 14- U.S. retail sales recorded their largest decline in 11 months in December as demand fell almost across the board, which could temper expectations for a sharp acceleration in consumer spending in the fourth quarter. The Commerce Department said on Wednesday retail sales fell 0.9 percent last month...
The NRF is reporting holiday sales grew 4.0 percent year-over-year. CNBC's Jim Cramer provides perspective.
WASHINGTON— With the job market on a roll and gas prices falling, consumers are spending away, right? Americans actually cut back last month after ramping up spending in November, perplexing analysts who had expected strong retail sales in December in light of rising job growth and sinking gas prices. Sales fell a seasonally adjusted 0.9 percent from November to...