CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks ended the week positive. Europe instituted a bond-buying boost. And is McDonald's poised for a comeback?» Read More
Are bonds about to lose their flight-to-quality premium? The Fed, the executive branch, the legislative branch, and now even the Bank of England (which cut its key rate a quarter point to 5.5 percent) are working to resolve credit problems. The 10-year is looking toppy here.
Despite evidence that shoppers are cutting back this holiday season, retailers are expected to report strong improvement in November sales after a weak fall.
November may have been sweeter to stores than many thought. Don't get me wrong--stores aren't going to be AHEAD of plan but it is sounding increasingly like they may NOT miss those meager plans they set for themselves at the beginning of the month. Meeting expectations COULD be a real positive for retail stocks tomorrow.
Now that the press blackout has been lifted on the Writers Guild strike talks, we're getting some insight into the ongoing haggling over offers and counteroffers. Last night the WGA released analysis of the producers association, the AMPTP's deal, saying that it would cost the companies $151 million over three years, and some studios would pay very little--MGM would pay only an additional $320,000 per year to writers.
Three out of four American consumers plan to pay off their holiday shopping debt within three months, according to a survey released Wednesday by the Financial Services Roundtable.
Home Depot is cutting 950 jobs and closing three call centers that handle orders for home installation, a spokesman said.
Everyone's been talking about how DVDs are dying, and that nobody's buying the archaic discs. But guess what, you'll probably get a whole bunch as gifts this year. There were more DVDs sold this Thanksgiving than any previous year, up 6 percent from the same weekend in 2007. Now, it's important to point out, that at the same time, the overall retail revenues from DVDs has fallen thanks to the big box retailers' deep discounting.
Green Bay Packers quarterback Brett Favre has won up SI's "Sportsman of the Year" award. It's hard to argue with Favre's resurgence. As the ironman prepares to play his remarkable 250th straight game this weekend, his team is a surprising 10-2. And while Favre has always been a top 10 jersey seller--which means more because the Packers jersey has never changed--it's interesting to consider that he's not really that relevant in the marketing world.
Heidi, Alessandra, Karolina...at least three women who generate blog responses almost as much as Wal-Mart's CEO Lee Scott. The other time I remember receiving a flood of heated responses like these were in regard to Wal-Mart's claims that it helps lower consumer prices across the country.
Jamba said it is partnering with Nestle USA to sell bottled smoothies and juice drinks at U.S. grocery stores, sending the company's shares up 28 percent.
Walgreen, one of the largest U.S. drugstore chains, Tuesday said sales rose 4.4 percent in stores open at least a year.
The world is eating more than it produces and food prices may climb for years because of expansion of farming for fuel and climate change, risking social unrest, an expert and a new report said on Tuesday.
Australian retail sales rose less than forecast in October as consumers cut back on household goods purchases after months of heavy spending, reinforcing expectations the central bank will keep rates on hold this week.
You heard me rant here on this blog about Lululemon failing to answer questions about its Vitasea line and whether or not it truly contains seaweed. They were late in issuing a press release and defending their products but finally, in his first public comments, CEO Bob Meers joined us live on CNBC to defend the athletic wear company.
Global sales of semiconductors rose by 5 percent in October from a year earlier, fueled by stronger-than-expected demand for personal computers, , the Semiconductor Industry Association said.
Post an image of scantily clad supermodels, like I'm doing here, or run a video of the same and you are virtually guaranteed to get air time. CNBC will never get tired of airing stories about Victoria's Secret and its iconic runway show.
Oh darn, the buzz in Hollywood was so optimistic when the writers and producers returned to the bargaining table on Monday. It seemed sure they'd wrap everything up by Christmas, in time for a nice Hollywood ending. But this must be the third act, things just took a dramatic turn, making it unclear how it'll all end.
Two top traders offered a mixed bag of stocks, across several sectors, to help investors prepare for market turbulence in the week ahead.
German retail sales posted their steepest decline in October since a value-added tax increase sent them plunging at the start of the year, in a sign that consumers are increasingly worried about higher energy and food prices.
British grocer Tesco could position its Fresh & Easy chain among the top 10 supermarket retailers in the United States by 2015, with U.S. sales of $10 billion, TNS Retail Forward saidin a report on Thursday.