CNBC's Courtney Reagan reports on the expansion of off-price retailers.» Read More
While the slow economic recovery is bad news for retailers, it may be good news for consumers, as retailers find themselves with elevated inventories and a fast approaching end to the holiday season. I expect discounting could become very aggressive.
Here in this season of holiness, I'm bombarded with more than the usual quotient of stories about...sex.
Traders at banks and hedge funds get paid once a year, at the very end. Since most traders on Wall Street did not get paid much, if anything, last year, this years’ profits are even more near to their hearts.
By bringing together views from Google, Shell, Ericsson, General Mills along with those from leading academics and governments from around the world, The Future Agenda program has already highlighted 20 key insights on the world in 2020: To date 155 countries are involved.
Last year it was the Chia Obama craze. This year, it's Prez BaRock, a new take on the old pet rock--one of the most disturbing and unfathomable must-have gifts of the 1970s.
It may be against the law in many states to talk on a cellphone or text while driving, but I don't see any law anywhere that says you can't work on a computer while at the wheel!
So this week we learned that Tiger Woods is human, after all. And for traders, well, his situation is an excellent reminder about proper risk management.
In order to experience the madness of the holiday shopping season, one author wanted to experience for himself what it's like to see the American consumer in action when greed sometimes replaces need - so he got a job at Target as a floor walker.
The Cognito PR group has done it again. Last year, to add a little levity to the miserable doldrums of Wall Street, Cognito came up with some special cocktails for its holiday party with names like the CosmoPaulson and the TARPatini.
The age-old belief that greed moves the markets is just plain wrong. There is only one thing that moves the market: fear. Whether it’s a fear of losing money or a fear of missing out on making money, the simple fact is that fear is the main driver.
Entrepreneurs cannot singlehandedly save the American economy, but recovery won’t come without them.
No one reads newspapers anymore, everyone speeds through commercials on their DVRs, and people generally have the attention span of a gnat. What's an advertiser to do to get your attention? Where can marketers hold you captive?
Wanna smell like Elvis? Joan Crawford? Nixon? I mean, smell like them when they were alive?
From "Balloon Boy" hoaxes to beauty queens who make their own sex tapes, we are a nation of goofballs. So much funny business—like two experienced pilots who miss their destination and don't realize they're out of contact with controllers for over an hour...because they were trying to figure out the new scheduling program.
There are 3 reasons I believe this week’s trader temperature is risk averse.
The American Consumer Institute just released a study that examines the perception and the facts as to whether Wal-Mart is the low-priced retailer for consumer electronics products.
You'd be hard pressed to find an industry harder hit the last decade than the record biz. Like mothers warning their daughters for centuries, people stopped buying the cow when they could get the milk for free. As free music became the norm, many wondered who would survive.
There are two things I love most in life: trading and baseball. Historically, peak performance in baseball involved finding something that gave players an edge over their opponent. Some players used amphetamines. Others thought steroids gave them the edge.
The Funny Business Product of the Week! An idea that ensures no one will ever want you to buy them a gift again.
Anyone looking to last Tuesday’s elections as the harbinger of things to come can draw several lessons from the bipartisan results across the Eastern seaboard. Quite simply, Tuesday was the sequel to the 2008 “Change” election – and elected officials in Washington would do well to pay attention to voters in New York, New Jersey and Virginia, whose message resonated loud and clear.