Stocks continued to slide lower Wednesday, with the S&P seeing its biggest loss in nearly five weeks, amid worries over the possibility of a pullback in the Federal Reserve's stimulus program following the provisional budget deal in Washington.» Read More
Stocks look mixed to weaker ahead of the opening after yesterday's Dow rise into record territory reversed course, leaving the key index flat on the day. Early focus this morning is on the European Central Bank's rate decision and then retailers' January sales reports could help drive sentiment.
More and more high-end designers are making collections at lower-price points to build their brands and profit from the public's appetite for fashion. Vera Wang, Oscar de la Renta and Isaac Mizrahi have forged deals with such major retail chains as Kohl's, Target and Macy’s.
A federal judge has granted class-action status to a lawsuit accusing Costco Wholesale of denying promotions to women.
Here we are, on the eve of the huge Consumer Electronics Show in Las Vegas. We had pretty good anecdotal data from some of the industry's biggest names that 2006 was a strong year for the business, but now we have hard data, courtesy of the Consumer Electronics Association, the group hosting this week's event in Las Vegas. And 2007 looks even stronger!
Stocks closed higher after another volatile day as gains in technology stocks and a huge drop in oil prices boosted the major averages.
Retailers reported mixed sales for December, as unusually warm weather hurt sales of winter apparel but stores with high-end or big-ticket items lured shoppers at the end of the month.
Stocks look set to open lower as concerns about the direction of interest rates hangs over the market. Yesterday's turbulent move in stock indexes came on a wave of record trading volume. Some traders are telling us the high level of intraday volatility will be a theme for 2007 after a period of relative calm.
Holiday sales may be running slow, but that’s not for a lack of discounting by retailers.
U.S. stocks surged Thursday, driving the Dow industrials to a record close on strong earnings from brokerages and other companies and an improving outlook for the U.S. economy.
The bulls made a run on Wall Street today with the Dow Jones Industrial Average making a 100-point push to set a new record close - ending the day above 12,400 for the first time. CNBC’s Melissa Lee had her “Eye on the Floor” during a busy trading day.
Shares of Costco Wholesale gave back some of today's gains after the retailer released earnings guidance below what analysts had been looking for.
Stocks closed slightly higher after giving back big gains from an early session surge.
U.S. stocks continued their year-end rally, making slight gains today as investors await tomorrow’s Fed meeting – the last of the year. While a change is not expected tomorrow, the meeting could provide hints of the Fed’s intentions for the coming year.
There will be plenty of news for investors to digest with several Dow heavyweights, including General Electric, Procter & Gamble, and Hewlett-Packard, all hosting analyst meetings this week.
Susan Decker joined Yahoo! six years ago as chief financial officer just as the tech bubble was about to burst. As she assumes a new role the company, Yahoo! faces a host of new challenges as it struggles to revive its revenue growth and compete against Google .
After being out of vogue for years, department stores are making a big comeback this holiday season.
Stocks closed mostly lower amid higher oil prices and a surprising decline in Midwest business activity.
November sales got off to a weak start because of unuseasonably warm weather, but some retailers overcame those early losses with big discounts and extended sales leading up to Black Friday.
Retailers reported mixed November same-store sales, with nearly half falling short of forecasts.