CNBC's Dominic Chu reports on Skechers' strong quarterly beat.» Read More
The New York Jets lost the game Sunday in overtime to the Oakland Raiders. But they apparently won against those who didn't think they could raise $25,000 per personal seat license for the best seats in their new stadium, in these hard economic times. The top two PSL prices from yesterday were $65,100 (each for two seats) and $61,100 (each for four seats) for first-row 40-yard line seats.
Do you have what it takes to tackle the Credit Free Holiday challenge? Sure you do!
I just received the top selling NFL jersey stats from Joanna Hunter at the NFL and the Cowboys have four players in the top 10. Here are the selling jerseys on NFLShop.com from April 1-Oct. 15:
Now that the US consumer has finally hit the wall, there’s growing speculation that the Federal Reserve will push its interest-rate pedal to the floor.
AIG's former CEO said the company has “more than enough” assets to cover the $85 billion loan it received from the U.S. government, while inflation numbers took an unexpected turn for the worse and retail sales slumped again in September. Following are today's top videos:
EBay reversed last year's loss and beat analysts' expectations, but a weak outlook disappointed investors.
Global credit markets continued to show signs of thawing, but worries about a world-wide recession loomed over markets.
Analysts say a lot of consumers have cut way back on spending -- and if the latest retail numbers are any indication, it's looking like a blue, blue Christmas for retailers. Tell us what you think.
A growing body of statistical and anecdotal evidence suggests that demand for televisions, computers, cameras and other electronics is falling sharply, say the New York Times.
Inflation took an unexpected turn for the worse, while retail sales slumped again in September, complicating the Fed's interest rate policy in the coming months.
Retailers may be dreaming of a green Christmas — as in, lots of greenbacks in the register — but at this rate, it's going to be a blue, blue Christmas.
Federal Reserve chairman Ben Bernanke comments on the government's plan to solve the financial crisis, while this year's economics Nobel Prize winner gives his insight on the economy. Following are today's top videos:
I've been trying to figure out how the economic downturn is affecting the sales of sports tickets. The problem is that the only league that is really operating at full strength right now is the NFL and most of those tickets are sold out.
Tired of being spooked by the economy? Well, you’re not alone and that could be good news for retailers.
Stocks closed lower after swinging wildly all day as a coordinated global rate cut failed to reassure investors.
When New England Patriots wide receiver Randy Moss takes the field against the San Diego Chargers this weekend, he will be stepping into shoes that I wore first. No need to check your eyes there. I didn't think I'd ever write that sentence either.
Due to the Yom Kippur holiday tomorrow, a number of retailers are reporting September same store sales a day early. In general, discounters (ex-Target) outperformed, so Wal-Mart, Costco BJ, and Fred's all did fairly well.
U.S. stock index futures turned positive after coordinated action to cut rates across the globe to fight the danger of the world economy being hit by a depression.
Halloween is not just for the tykes anymore. An estimated 51.8 million adults plan to sport some sort of costume for the big night.
I had a conversation with a high-profile owner and asked him what his greatest concern in these tough economic times was. He told me exactly what I thought I'd hear. With the lack of liquidity in the market, he said, how hard is it going to be to sell a team for the so-called appraised value?