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
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?
Aikman has been among the smarter of the athlete businessmen out there, so I thought that with the economic downturn it would be a good time to talk with him.
Cowed by the financial crisis, American consumers are pulling back on their spending, all but guaranteeing that the economic situation will get worse before it gets better, the New York Times reported.
Every year, friends of mine head up to Hong Kong to go shopping. Not at the swanky boutiques in Central or the funky shops in Causeway Bay. Nope, they go to the warehouse outlets on the other side of Hong Kong Island. Why?
The credit freeze, which is shifting into overdrive heading into the holiday season, is expected to hit consumers harder than corporate America.
In our story today on Puma utilizing the "World's Fastest Man" Usain Bolt (link: we put in what I thought would be a pretty pointless poll asking you who was more marketable on the world stage: Michael Phelps or Bolt.
Now, with a deal on the financial bailout expected soon, let's get back to the real economy—and the recession already in progress.
Michael Beasley's sticking to the line that he's been in adidas shoes his entire life. We're fine with that. But there's no reason to go out of the way to say you've been completely loyal if there are thousands of photos that suggest otherwise.
Not surprisingly, Americans are still down on the economy, according to the latest CNBC survey, with 93 percent of respondents describing it as poor or fair. But, in light of the Wall Street problems on the front page, there are signs that sentiment has bottomed. Nowhere is that more apparent than the huge jump in expectations that the economy will get on track in the next year.