No holiday hangover here. Most Americans say they have no plans to cut back on spending this year as a result of their holiday shopping, according to the results of new survey.
Heading into Thursday's batch of retail sales reports, expectations are high that retailers will report their strongest sales in four years. However, as BJ's Wholesale's report showed Wednesday, there are sure to be some misses here and there.
The McDonalds Corporation’s introduction of ancillary products, such as lattes, smoothies and oatmeal, will hurt profits in the long run, Howard Penney, a restaurant analyst at Hedgeye Risk Management, told CNBC Wednesday.
A new report from MasterCard Advisors' SpendingPulse, which estimates sales across all payment forms, shows strong sales growth in December for apparel and high-end items, including jewelry. Online sales were also very strong, perhaps helped by wet weather in West and a post-Christmas blizzard in the Northeast.
The bears will be out in the year ahead, Cramer said. So get ready to buy.
While there has been plenty of talk of a correction, it didn't materialize today. The Dow closed at a two-year high (!) I know, the breadth is terrible, but the volume is only average, indicating little selling pressure. And look carefully...
Tired of breaking your New Year's resolutions before the confetti settles? Yeah, there's an app for that. Put down that bucket of chicken and check out these 10 mobile apps to help you keep your financial resolutions.
Stocks closed mixed a day after hitting multiyear highs despite positive economic news and after word the Federal Reserve didn't believe the economy had improved enough by December to alter its economic stimulus program.
Stocks gained some strength in the final hour of trading, but remained mixed after news the Federal Reserve didn't believe the economy had improved enough by December to alter its economic stimulus program. Alcoa and Walt Disney rose, while McDonald's fell.
Stocks continued to trade mixed despite upbeat economic news from the auto sector, as General Motors reported a surge in sales, and better-than-expected factory orders. Alcoa rose, while McDonald's fell.
Investing in 2010 was even easier than it looked: All you really needed to do was own 12 stocks out of the 630 that make up the three major indices. But if you didn’t have them in your portfolio, you whiffed big time.
A team of 15 to 20 top officials at the bank, led by the chief risk officer, has been scouring thousands of documents in the event that they become public, the New York Times reports.
There is no U.S. economic data to sway markets Friday, but there will be plenty to look forward to next week, when the December employment report caps a heavy week of important numbers.
We’ve updated this post with even more trades from the Fast Money gang!
Whatthetrend.com has an interesting list of the non-tech companies that appeared most on twitter over the past year. Basically, they looked for companies appearing the most in tweets and eliminated Apple, Google, Microsoft, etc. The funny thing about the list is that I've barely heard about some of these companies.
2010 was an interesting year for investors, and for the most part, the big money was made in some of the more non-traditional places. So, what were the best investments of the year?
Stocks pared gains in the final minutes of trading but still ended at new highs in light trading Wednesday as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to trade at new highs in light trading Wednesday as the closing bell approach despite an absence of fresh economic reports, as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to reach new highs Wednesday in an absence of economic data as trading volume continued to be light. McDonald's and Chevron rose, while P&G fell.
While stocks may see a pullback in the next few weeks, investors should use the opportunity to buy because markets are ultimately positioned to rally next year, according to two strategists.