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  • Starbury Sneakers

    The New York Post reported this morning that New York Knicks guard Stephon Marbury, who popularized low cost basketball shoes with his "Starbury" brand at retailer Steve & Barry's, spent Wednesday in Seattle signing a deal with Amazon to sell the sneakers on their web site.

  • Indexes Eke Out Gains After Wild Session Thursday, 10 Jul 2008 | 4:57 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers and oil prices surged more than $5 a barrel. Still, all three major indexes eked out gains by the closing bell.

  • Stocks Reel as Oil Surges, Financials Get Hit Thursday, 10 Jul 2008 | 3:37 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers, overshadowing any positive news the market had to offer.

  • Stocks Flail as Freddie, Lehman Get Pummeled Thursday, 10 Jul 2008 | 2:44 PM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Retailers Post Strong Sales, Discounters Lead The Way Thursday, 10 Jul 2008 | 2:18 PM ET
    Red shopping Carts in a row.

    Retailers, including Wal-Mart Stores, are posting solid same-store sales growth in June, as expected, as seasonal weather and tax rebate checks helped get consumers to the store.

  • Did Brett Favre Tip His "Retirement" Hand To Collectors? Thursday, 10 Jul 2008 | 11:54 AM ET
    Favre Coin Set

    For a guy that was one of the most popular players to ever play in the NFL, and certainly among the most collectible, you'd think retirement tribute items would be flowing right now.

  • M&S Shareholders' Anger Targets Bras, Dresses Thursday, 10 Jul 2008 | 11:47 AM ET

    Marks & Spencer's top dog Stuart Rose faced the wrath of investors at the company's AGM yesterday – but not necessarily for merging the roles of chairman and CEO or for profit warnings.

  • Stocks Swing Wildly; Financials Get Slammed Thursday, 10 Jul 2008 | 11:26 AM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Stocks Finish in Bear-Market Territory Wednesday, 9 Jul 2008 | 5:21 PM ET

    Stocks ended a tumultuous session with a late selloff that left all three major indexes in bear-market territory.  Financials fell sharply amid worries about more shoes to drop and techs took a hit after Cisco's chief said customers don't see a recovery until next year.

  • Stocks Slide as Oil Climbs, Techs Retreat Wednesday, 9 Jul 2008 | 3:19 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil climbed in a choppy session after falling more than $9 abarrel in the past two sessions.

  • Steve & Barry's Files for Chapter 11 Bankruptcy Wednesday, 9 Jul 2008 | 1:41 PM ET

    U.S. apparel chain Steve & Barry's on Wednesday filed for Chapter 11 bankruptcy protection, joining a lengthening list of retailers to seek protection from creditors in a slow economy.

  • Stocks Chop Around; Techs Pull Back Wednesday, 9 Jul 2008 | 12:36 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.

  • Stocks Slide As Crude Supply Shrinks Wednesday, 9 Jul 2008 | 10:49 AM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.

  • Weather, Tax Rebates Seen Aiding June Retail Sales Tuesday, 8 Jul 2008 | 2:55 PM ET
    Shoppers in a toy aisle at a Target store.

    U.S. retailers, led by the discounters, are expected to post slightly better June same- store sales this week, thanks to seasonal weather and rebate checks that have made their way to cash registers, mostly for basic items such as gasoline and food.

  • Stocks Land Lower to Close Wild Trading Day Monday, 7 Jul 2008 | 4:08 PM ET

    Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.

  • Wall Street Beats Back Bears; Yahoo Gains 10% Monday, 7 Jul 2008 | 10:12 AM ET

    Stocks moved out of bear territory Monday as oil retreated more than $4 a barrel, easing inflation fears, and technology got a boost from two of its largest companies.

  • Even the Wealthy Are Being Prudent Monday, 7 Jul 2008 | 5:24 AM ET
    Bang_Olufsen.jpg

    The music doesn't sound so sweet over at high-end audio-visual equipment maker Bang & Olufsen. The Danish company announced a downgrade on profit expectations for the year this morning.

  • On the Bright Side, Shopping Bargains Abound Friday, 4 Jul 2008 | 4:04 AM ET
    clothing_sale.jpg

    Anyone who has managed to forget about fuel prices long enough to enjoy a little retail therapy knows some steep discounts are available these days, the New York Times reported.

  • Steve & Barry’s, the miracle retailer that sold everything new at bargain basement prices, is contemplating filing for bankruptcy. And while making that move would not necessarily mean the end to the business, which grew to more than 250 stores and might now have to shut some of them, it does mean that anyone who hasn’t gotten paid isn’t too happy right now.

  • Nike “Air McFlys” Finally Hit Store Shelves Wednesday, 2 Jul 2008 | 10:23 AM ET
    Nike Hyperdunk sneaker

    The “Back to the Future” movie franchise, which produced three movies from 1985 to 1990, generated an impressive $935 million in gross box office receipts. Nike will be releasing their new Hyperdunk in a teal version to make it look like the “Air McFlys.” Shoe collector shop Undefeated in Santa Monica will get first dibs as they’ll sell less than 100 pairs today.