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
Oracle's strong earnings could give some tech names a bounce Thursday though markets are again being haunted by credit worries, and another Wall Street firm is set to report earnings before the bell.
Levi’s created a phenomenon that got the whole world wearing jeans. While there are sure to be more bumps and battles to come for Levi’s in this fashion world and it’s ever-changing trends, it’s truly an American Original.
Stocks staged a mini comeback Tuesday after a day that saw indexes seesaw on both sides of the unchanged line. The market once more fretted over the financial sector and could do the same on Wednesday.
It's later than you think: Today is the last day to buy online at big box.com stores like Sears, Target, Wal-Mart and Amazon in time for regular Christmas delivery. E-commerce is drawing more customers than ever before.
Arcandor posted a near ten-times jump in third-quarter operating profit Tuesday, due mainly to a contribution from newly-acquired travel company Thomas Cook and its consolidation with MyTravel, company CEO Thomas Middelhoff told “Power Lunch Europe.”
Housing starts and earnings from Goldman Sachs and Best Buy are among the headlines the stock market will care about ahead of Tuesday's open.
Eight days left until Christmas and the gift giving season is getting down to the wire. For those of you who did your shopping online this season, the odds are high that those mail-ordered gifts are working their way through shipping facilities today. More than eleven million packages are going to be sorted and pass through FedEx terminals today.
Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.
I haven't leafed through a catalog all year. In fact, catalogs go straight from my mailbox to the recycle trash bin. Take away the catalogs and the other junk mail I ignore, and I'd blissfully have nearly no mail at all.
Major European stock markets closed firmly lower Monday, as investors fretted about the anything that could derail the interest-rate easing plan in the U.S.
Swedish fashion chain Hennes & Mauritz said sales rose 14 percent in November, year-on-year, lower than expected by analysts and the latest in a series of signs that European consumers were getting wary of inflation and debt.
Swedish fashion chain Hennes & Mauritz said on Monday its sales rose 14 percent in November year-on-year, lower than expected by analysts, but aided by a collection from Italian designer Roberto Cavalli.
As we enter the final stretch of 2007, the stock market may temporarily lose some of its violent mood swings and secure gains for the month and the year.
If I hear or read another headline that calls November's retail sales results "surprising," I may scream. I am also hereby banning use of the word 'cautious.' Today the Commerce Department reconfirmed what retailers told us all last week. November sales were sweeter than expected. The consumer is still buying cold weather apparel and Christmas presents.
Holiday 2007 hasn't even happened yet but buyers and retailers are beginning to stock the shelves and clothing racks for 2008. With that in mind, I put together a list of some of the biggest questions that the retail industry is mulling over right now that will affect 2008.
Consumer inflation data is big on Friday's agenda after Thursday's producer prices showed wholesale level inflation surging at the fastest rate in 34 years.
Except for car buying, the consumer didn't show signs of holding back in November even with a big pickup in energy prices that is beginning to hit at the wholesale level. That is what today's data shows with a 1.2 percent pickup in retail sales for November, double expectations, and a big 3.2 percent in jump in producer prices, the biggest increase in that number since 1973.
It's that time of year again. That time of year to tell you what's going to happen next year in the sports business.
LIBOR rates are down today, admittedly only slightly; but it's a start. Asian markets closed down about 2 percent; Europe also down about 2 percent. Retail sales and jobless claims good, but Producer Price Index indicates wholesale inflation stronger than expected.
Lehman Bros.' fourth-quarter earnings report, producer price inflation data and November retail sales will be factors setting direction for Thursday's markets.