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    Last year Chinese consumers bought $9 billion of luxury items, the 2nd highest in the world.  Overall, retail sales there soared 18 percent and firms like Apple and YUM generated billions in revenue.  Nike earned around $800 million in profits there in 2010 on nearly $2 billion in revenue.

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    The Barbie concept store in Shanghai Mattel’s decision to shut its flagship store in Shanghai follows failures by other U.S. retailers in China including Home Depot and Best Buy. The FT reports.

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    It's a big week for big media companies — Wall Street analysts are heading down to Florida for two high-profile conferences — Deutsche Bank and Credit Suisse's.

  • America is the land of free enterprise, and home of the world’s largest economy, at least for now. China recently surpassed Japan for the number two spot in the global rankings and many economists are calling for China to overtake the US sooner rather than later. Not so, say Fast Money Traders, who see opportunities for growth and global industry leaders right here on American soil.All last week, the Fast Money team identified US companies that will help America grow and keep the number one spot

    Many economists are calling for China to overtake the US sooner rather than later. Not so, say Fast Money Traders, who see opportunities for growth and global industry leaders right here on American soil.

  • Comcast is making a big push to expand the Spanish language programming on its video-on-demand platform.

  • Stocks extended losses amid volatility in oil prices, and as technology stocks slumped.  Disney and Alcoa fell, while Exxon rose.

  • Bejeweled

    Investors looking for a chance to get a piece of the fast-growing social network gaming and mobile gaming spaces could have the opportunity by year’s end.

  • Bejeweled

    Investors looking for a chance to get a piece of the fast-growing social network gaming and mobile gaming spaces could have the opportunity by year’s end.

  • All this week Fast Money is profiling U.S. companies that will help keep America on top.

  • Stocks closed February on a strong note, leading to three consecutive months of gains, as all the major indices gained in the final minutes of trading. J&J and Verizon rose, while Intel fell.

  • Oscar Awards

    With no suspense, predictable winners, and an awkward pairing of hosts, the Oscars' preliminary ratings sank 7 percent from last year. The show fared better in younger viewers than older ones — ratings slipped just 2 percent in the 18 to 48 year-old age group. More detailed ratings of that younger demographic are due out later today.

  • Since 1940, the Dow has started the year with gains in both January and February only 26 times. How does the market tend perform for the rest of the year when this happens?

  • There are three types of issues that are going to produce some “major headwinds” in the markets going forward, said David Dietze, president and chief investment strategist at Point View Financial Services.

  • Oscar Awards

    There will be plenty of ties in office Oscar pools this year: The Academy Awards were just as predictable as they possibly could have been.

  • Blake Griffin from the L.A. Clippers in the All-Star Dunk Contest.

    As I talked about yesterday Blake Griffin's dunk over a Kia in the All-Star Slam Dunk contest was great product placement for the official car of the league. Now, the marketers at Kia are about to make the association a bit more formal.

  • Togetherville

    Today it announced that it's buying 'Togetherville' a social network for kids 10 and under. Togetherville is as squeaky clean as its name implies — it's designed to avoid all the bad stuff that open adult social networks bring, with careful monitoring of content, and parental supervision controls.

  • Stocks tumbled as the unrest in Libya—and the cut-off in Libyan oil supplies—sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and JPMorgan fell, while Kraft gained.

  • Stocks held steep losses into the close as the unrest in Libya sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and Bank of America fell, hwile Kraft rose.

  • Gavel

    A former executive assistant at Disney who schemed with her boyfriend to sell secrets about the company's finances has been sentenced to four months of home confinement.

  • Stocks could continue rallying this year as long as the Middle East crisis doesn’t hinder the markets today, said Michael McGervey, president of McGervey Wealth Management and David Hefty, CEO of Hefty Wealth Partners.