Consumers slacked off on the final holiday shopping days, suggesting traditional retailers will just meet sales forecasts amid deep discounts.» Read More
Stocks went on another rollercoaster ride Friday, opening sharply lower before a series of ups, downs and curves, and an afternoon burst of bargain hunting that sent the Dow up more than 200 points.
Ted Parrish, portfolio manager at Henssler Equity Fund, told CNBC it's a good time to take advantage of what big-cap stocks offer.
High quality stocks are on the cheap, said Abhijit Chakrabortti, Morgan Stanley chief global equity analyst.
Facing an increasingly bleak economic picture, media giant Viacom cut its financial outlook for the first year, sending its shares, and shares of other media stocks, falling.
Investors struggled with yet another day of meaningful losses in the Dow.
As I watch the markets tumble and I hear talk not just of recession, but of depression, I have to wonder whether there's any chance 75 percent of SAG members would vote to strike, which is what it takes to get authorization.
While Wall Street and Washington were working on trying to fix our economy, one of the strongest brands in Hollywood celebrated its upcoming lineup, perhaps remembering that movie going usually booms during a recession.
The Dow had it's 5th consecutive day of triple digit moves on Friday for the first time since January 28, 2008. This was the 10th time in its history that it went five days or more with +/- 100+ point moves. Will the streak continue?
Let's face it, nearly every industry will be touched by the turmoil on Wall Street. And as I've reported many times, the already-suffering ad industry is sure to be further hit. There are a couple issues now in play.
The Dow and S&P 500 fell over 4.5% today, while the Nasdaq composite dropped 3.6%, as concerns over the health of the financial sector intensified following the decision of Lehman Brothers to file for Chapter 11.
Investors should prepare for the worst just in case it turns out that Ben Bernanke knows nothing yet again.
Plus, Cramer makes calls on Disney and the impact of hedge funds on commodity stocks.
Following are the day’s biggest winners and losers. Find out why shares of Citigroup and Disney popped while United Airlines and U.S. Steel dropped.
With gas prices down, Cedar Fair is back in play again.
The Virtual Worlds Expo is well underway in Los Angeles, companies using the event as a platform to make announcements about their companies.
You'd think the streets of Los Angeles would be constantly buzzing with movie shoots. But right now, there's only one major film shooting in the City of Angels. Compare that to the seven films shooting last August. What's to blame?
CNBC's parent company NBC Universal did quite well with the Olympics. More than 211 million Americans watched the games -- that's more than 70 percent of the country -- making them the most-watched ever, beating the 209 million viewers who watched the 1996 Atlanta games.
Automotive advertising has taken a nosedive across advertising mediums, hitting TV advertising particularly hard. And now one of the biggest nights on TV all year is losing its big auto advertiser, General Motors, which has been one of its biggest overall advertisers.
CEO Robert Iger explains why his company has been so successful, even during tough economic times.
General Motors has pulled out of its longtime sponsorship of the Academy Awards, one of the biggest annual events on broadcast television, the Wall Street Journal reported on Sunday.