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
U.S. stocks wavered Thursday as reports on January retail sales and jobless claims stirred recessionary fears. Tech stocks were under pressure after Cisco said consumers have become increasingly cautious. Retailers jumped.
Providing further evidence of a slowing U.S. economy and a more cautious consumer, Wal-Mart Stores and other retailers reported one of the weakest months of retail sales in years.
U.S. stocks wavered Thursday as reports on January retail sales and jobless claims stirred recessionary fears. Tech stocks were under pressure after Cisco said consumers have become increasingly cautious both in the U.S. and Europe.
I've noted that when you are in this kind of uncertain market, everyone becomes a technician. There's a lot of attention now focused on tech stocks, now that both the NASDAQ and NASDAQ 100 have broken to 52-week lows.
This morning IAC/InterActive Corp posted its earnings, and while they were messy, Chief Executive Barry Diller seemed quite satisfied. IAC swung to a fourth-quarter net loss of $369.9 million, from a net income of $15.3 million a year earlier. But this actually was good news for Diller.
Thursday’s January retail sales figures could be the worst since 1969 as Macy’s already reported a 7% plunge in its sales for the month. But not all retail is dead money, Jeff Macke said.
For my one-hour TV special on Nike (next Tuesday at 10 pm and 1 am ET), I sat down with Nike president Charlie Denson and talked to him about a variety of topics.
What global slowdown? Billed as the biggest luxury store in the world, the 46,000 square foot Gucci flagship store is a daring statement in the midst of zigzagging stock prices and a shaky economy. Then again, Gucci has never been shy.
Discounts and gift cards helped many U.S. retailers rebound in January from a dreary December, according to data released Wednesday, but analysts suspected post-holiday sales were stunted by the weaker economy.
U.S. retailer Macy's said Wednesday that sales at its stores open at least one full fiscal year fell 7.1 percent in January, and announced restructuring plans to cut costs.
A month ago, I wrote a blog stating that if the New England Patriots won it all, Wes Welker would be the greatest beneficiary in terms of autograph deals. Why? Because you don't think of Welker as an immediate star, but he became such an integral part of the Patriots this year that no team helmet would be complete without him.
Those people who watch CNBC every day might have noticed that I spent most of the month of December off the air. The reason for this? I was taking trips like this: New York-Frankfurt-Singapore-Vietnam-Hong Kong-Los Angeles-Portland-New York. It was all for an hour documentary I am doing on Nike.
It used to be that when the U.S. sneezed, they caught a cold. Not so anymore.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Eli Manning: He's going to get a shot at becoming a big-time endorser. Can he do it? What companies will try to sign him? He's now put himself in the position to get deals. The 1972 Dolphins: The Reebok ad wasn't their last hurrah after all. The revenue stream that comes every year to the likes of Bob Griese, Larry Czonka and Mercury Morris is still alive and well.
Yes, it's true, after nearly four months and seemingly endless picket lines, the writers and the producers are close to a deal. After the Directors Guild renegotiated its contract, the Writers Guild leadership sat down with the Alliance of Motion Picture and Television Producers (AMPTP) -- and this time, Walt Disney Co. Chief Executive Bob Iger and Fox's Peter Chernin were leading those negotiations.
Lady Liberty may want to switch out her Greecian gown for a button down shirt. Phillips Van-Heusen, the world's largest shirt and necktie company, is donating one million dollars to the Save Ellis Island fund.
With the hard-core media here in Arizona for the entire week, plenty of great questions have been asked. But there's one that hasn't been: "Will Bill Belichick Wear His Hoodie On Game Day?" Your initial reply might be, "Of course not. It's in Arizona."
German retail sales fell 1.8 percent in the fourth quarter of 2007, indicating household spending was a drag on overall economic growth, data showed on Thursday.
Swedish clothing giant Hennes & Mauritz posted fourth-quarter pretax profit short of analysts' expectations on Thursday and said its December sales in stores open more than a year fell 1 percent.
Robust European sales and a stronger euro helped Esprit Holdings slightly beat expectations with a 37 percent rise in first-half earnings, but the world's No. 5 fashion chain faces a potential hit to global consumer spending this year.