CNBC's Mandy Drury looks back at the week's top business and financial stories. The Lumber Liquidator CEO resigns. LA agrees to raise its minimum wage, and egg prices have nearly tripled because of the bird flu.» Read More
The rally continues. Bulls are arguing this morning that today's data supports the current rally.
Two experts, Neil Hennessy, portfolio manager at Hennessy Funds and Kevin Caron, market strategist at Stifel Nicolaus, discussed the market rally’s sustainability and the best places to invest.
As we get better economic news, stocks set the bar higher. I noted this morning that "less bad" was no longer good enough to move stocks forward, the new standard is "much less bad," and even that may not last long.
Retailers once sold sundresses in February and wool sweaters in August. Now, Americans are buying only what they need today.
Shares of Crocs rocketed nearly 42 percent with heavy options activity and rose even further in after-hours trading ahead of the company's earnings report Thursday.
Consumers fell further behind on their credit card bills in March even as lenders worked to reduce their exposure to delinquency and default, a top credit bureau executive told Reuters.
The worst economic scenario is now off the table, said Jeffrey Kleintop, chief market strategist at LPL Financial.
There are some “mustard seeds” out there for investors, Tom Lydon of ETFTrends.com told CNBC.
As the global economic slowdown digs its heels in and consumers tighten their belts and fret about jobs, the Alternative Arts organization hosted its annual Alternative Fashion Week in Spitalfields market, London, a platform for young, new designers.
Sports Business Journal reported this week that not one potential first round NFL draft pick has signed a shoe deal. And while those quoted cited the economy or a lack of star power, it actually has more to do with the fact that the economy has made companies like Nike and Adidas realize that most of the deals they've signed in the past just didn't make sense.
The Dow advanced Wednesday, boosted by an encouraging "beige-book" report from the Federal Reserve, a better-than-expected manufacturing report from the New York Fed and as Procter & Gamble raised its dividend. Techs remained underwater as Intel's lack of guidance rattled the sector.
Stocks opened lower Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks and a warning from Wal-Mart hit the broader indexes.
Intel: are PC sales really bottoming? After the close intel reported earnings that beat expectations, and while they gave cautious revenue guidance trading desks are focused on Otellini's comment that PC sales had bottomed out in the first quarter.
Stock futures indicated a mixed open Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
Stocks weakened shortly after 1 PM ET after Goldman Sachs broke decisively below $123, which was the price of its secondary.
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.
Stock futures retreated Tuesday after a report showed retail sales unexpectedly dropped -- and dropped sharply in March.
In the week's last Web Extra, the traders give their take on Wimm-Bill-Dann Foods, Wal-Mart, Target and Varian Medical Systems. Buy or sell?
Wal-Mart stores says U.S. same-store sales rose 1.4 percent in March as consumers continued to hunt for bargains and bought necessities, such as groceries. But the results are below Wall Street expectations.