CNBC's Tyler Mathisen looks back at the week's top business and financial stories. It was a tough week on Wall Street, as the rising dollar hurt sales abroad. Apple had a blowout quarter, and economic growth slowed. Still, the Fed says it will remain patient.» Read More
Thanks so much for all of the readers who took the time to send emails during what has been a busy (and tumultuous) past week and a half. Retail seems to be one of the few bright spots this week in the middle of a tough market.
Starbucks Corp is testing $1 coffees and free refills, The Wall Street Journal reported on Wednesday, as the global coffee chain faces increasing competition from fast-food rivals.
This morning GM released its global sales for last year, and guess what, the company is still #1 in the world. But it is now in a virtual tie with Toyota for the top spot. Officially, GM sold 9.369 million vehicles worldwide.
Richemont, the world's second-largest luxury goods group, narrowly missed forecasts on Wednesday with an 8 percent rise in third-quarter sales, and said demand "slowed somewhat" in Japan and the United States in December.
But not just any stock will do. Here’s a name that should perform no matter which way the market goes.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.
Cramer's playbook for this market.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.
The consumer, spending and just where this market is headed right now are the main focus of everyone on the street. I'm down at the COMEX today watching how metals trade in reaction to the selloff we saw overnight in Asia.
Britain's fourth largest grocer William Morrison Supermarkets on Tuesday attributed strong festive sales to increased advertising, price cuts and a wider offering of fresh foods.
Target said its January sales are coming in at the low end of the range it had expected earlier this month.
I'm here in Park City at the Wasach Brew pub at the top of Main Street, where CNBC has set up a mini studio of sorts. All the d-girls and boys (that's Hollywood-speak for "development executives") are running around in their furry boots and jeans looking to find the next big director among the four films they see a day.
Personally, I don't feel that I'd be doing my job as a journalist if I didn't ask a CEO whether ongoing litigation against him will affect the business or cost shareholders money. American Apparel's CEO Dov Charney thought otherwise though (trades on the AMEX under the ticker APP).
British retail sales unexpectedly fell in December and at their fastest rate in a year, official data showed on Friday, in a sign that consumers reined in spending over the Christmas period.
Europe's major indexes closed lower across the board Thursday despite assurances from Federal Reserve Chairman Ben Bernanke that he would act agressively to counter the risks of a U.S. recession.
You might recall the whole ordeal that ensued when Cleveland Cavaliers guard LeBron James showed up at the first game of the ALDS between the Cleveland Indians and the New York Yankees in a Yankees hat.
U.S. consumer prices rose a modest 0.3 percent in December, slightly worse than expected, while industrial output was unchanged, beating forecasts.
Maria Sharapova trounced a resurgent Lindsay Davenport on Wednesday at the Australian Open. The drubbing gave Davenport only four games in a match that was deemed as an unfortunate second-round draw for the tennis world's most marketable star. Yes, folks, whether it's fair or not, Sharapova will pull in more dough off the court this year than Roger Federer will.
ICR today announced the results of its survey of the institutional investment community on the state of the consumer industry. The findings were released at the 10th annual ICR XChange Consumer/Retail Conference in Dana Point, Calif.
Higher energy and food prices may be hitting many Americans, but fears of a recession are likely to overshadow Wednesday's report on consumer prices.
Anecdotal evidence that the U.S. consumer's marathon spending spree may be slowing to a trot increases daily. By some measures, the U.S. consumer makes up about 19 percent of the world economy and 70 percent of the U.S. economy, so the health of American consumption is key.
Anemic growth is still a gain--even if the holiday season was the weakest in 5 years (up just 3 percent according to the NRF.) But try telling one of the CEOs at last night's Financo dinner that they should look on the bright side and you might get a glass of wine spilled over your head.