CNBC's Susan Li looks back at the week's top business and financial stories. Good news for the economy this week, as the Dow reached 18,000 for the first time. Sony released "The Interview." And Walmart announced wage hikes.» Read More
Ahead of same-store sales Thursday, discover 3 stocks being watched closely by options trader Jon Najarian!
A bright but brief relief to retailers will come tomorrow in same store sales figures. The International Council of Shopping Centers is predicting the strongest performance since February. But don’t get too excited--it's all relative.
The Walt Disney Company reported another stellar quarter, with earnings of 58 cents per share, blowing away Wall Street's consensus earnings estimate of 51 cents per share, while revenue came in at $8.71 billion, also beating analyst expectations, and up 10 percent over last year.
When Kobe Bryant was accused of sexual assault almost five years ago, the pitchman in Bryant fell off the face of the earth. Coke, which was using him for Sprite, shelved his ads and replaced him with Lebron James when his contract expired. McDonald's didn't renew him, neither did Nutella and Spalding.
Big US retailers are expected to show a slight improvement in April sales on Wednesday, but Wall Street still expects signs of weakness.
There are an increasing number of job seekers out there, many looking for positions that pay by the hour. But how do the job seekers find the job? On SnagAJob.com, of course.
I'm a movie junkie and I'm so happy the summer movie season is underway. You'll probably find me at a theater every weekend between now and the end of July--when the movie premiers finally slow down.
Australia's trade deficit narrowed by more than expected in March as mineral exports rebounded from supply disruptions, while a coming price bonanza could mean a long-awaited return to surpluses is not far away.
It is fitting that Sears' annual shareholders' meeting is being held around the same time as the Berkshire Hathaway gathering. Eddie Lampert, Chairman of Sears, not only says that Warren Buffett inspired his investing sensibilities. Lampert is also compared to the "Oracle of Omaha."
A private measure of Australian inflation hit new highs in April as households paid more for health, fuel and rent, keeping upward pressure on interest rates just a day before a central bank policy meeting.
So I click over to Maria Sharapova's web site today and find this as the top story. "I want all my fans to know that the WTA Tour is forcing me and several of the other top players to do a 4 hour commercial shoot for WTA Tour marketing materials...
"Iron Man" from Marvel and Paramount opens today, kicking off the summer movie season. With the box office expected to top $85 million opening weekend, Hollywood's pretty excited, and for good reason. The economic downturn is squeezing consumer spending, but there's one corner of the consumer pocketbook that'll emerge unscathed from the "r" word.
Australian retail sales rose more than expected in March, sending the local dollar higher, but much of the rise was due to consumers having to pay more for food and was not taken as a revival in consumption.
With Only Cisco and retailers remaining, how should you trade what’s left of this earnings season?
Apple Inc. is making news today by offering to sell movies on iTunes the same day the DVD of the film hits store shelves, as a way fans can take the movie home with them as soon as possible. Now, Disney-Pixar is coming up with a way fans will be able to take a piece of the upcoming animated film "WALL-E" with them as well.
It shouldn’t be a surprise to anyone that Home Depot is closing stores. The home improvement retailer has been suffering from the same illness as the housing market. In fact, Wall Street had a positive view on the news that HD spaceris closing 15 stores and canceling plans to open 50 new locations.
I don’t need to be a savant to figure out that it’s not going to be a record breaking year for NFL rookie jersey sales. With so many lineman and defensive players being picked in the NFL draft (the first round yielded two QBs, five RBs and no wideouts), I'm sure the folks at Reebok aren’t expecting jerseys to fly off the shelves.
Today in Time Warner's post-earnings conference call CEO Jeff Bewkes announced some interesting news about the company's new strategy about distributing home video. Warner Bros. will offer its DVD film titles on video-on-demand the same day they release the DVDs--what they call a "day and date" release in Hollywood.
Wednesday holds the first-quarter GDP report as well as the Fed's interest rate decision. Find out what to expect from both.