CNBC's Tyler Mathisen looks back at the week's top business and financial stories. A shortened trading week, this week, as Easter is on Sunday. The week ended positive after Janet Yellen reassured investors. Low rates could be around another two years, she said.» Read More
"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.
If you're an art lover and are looking for an alternative to stocks or real estate, investing in art might be the way to go. But where do you find all the investing information you need? A new Web site called MutualArt.com can help. Moti Shniberg, CEO of Mutual Art explains.
Wal-Mart is doing what none of its competitors can do to gain its share of the $106 billion in economic stimulus check rebates that Americans will be receiving over the next few weeks. The world's biggest retailer Wal-Mart will:
When I heard on Friday that Electronic Arts was going to name the retired Brett Favre as its cover athlete for Madden NFL 09, I reserved judgment until I heard from you. I put up a poll and 65 percent of you thought it was either ingenious or a good idea, while 25 percent of you thought that it wouldn't affect sales.
Enthusiasm over the 2008 presidential election is motivating some people to wear their politics on their sleeve. Literally.
Japanese retail sales rose 1.1 percent in March from a year earlier, government data showed on Monday, matching economists' median forecast.
So you probably just found out. Electronic Arts just picked RETIRED quarterback Brett Favre to be its cover athlete for Madden 09. Some will say it's stupid; some will say it's a great idea. Ingenious? Good idea? Won't affect sales? Idiotic? I'm not going to say what I think until I let you vote on it: So write in and tell me your thoughts...
So the buried David Ortiz jersey went for $175,100 today. Even after I threw out my guess of $156,000 for the "cursed" Boston Red Sox jersey buried beneath the new Yankee Stadium, most of my readers doubted me, as only 17 percent of you said it would go for more than $150,000.
What would you do with $600? If you're an American making $75,000 or less, you'll be receiving a rebate check in that amount by the end of May. Spend that payout on groceries at Kroger or Supervalu and those stores plan to give you some extra cash on top of that government money...
Amazon.com posted a higher profit that beat analysts' estimates and raised its 2008 sales outlook, but said operating income and profit margins, would be lower than previously expected.
Starbucks on Wednesday warned of weaker-than-expected earnings for the second quarter and full year due to weak U.S. consumer spending that led to a drop in sales at established stores.
Earth Day: And there is no athlete more perfect for this day for Steve Nash. The guy has endorsement deals with Arizona Power Company, Canadian Company BC Hydro (a hydroelectric utility), Energy Innovations (renewable energy) and drives a Lexus Hybrid! He also has a big endorsement deal with Nike -- which today is re-releasing Steve Nash's Trash Talk shoe in limited quantities.