Marissa Webb will become the Gap-owned brand's creative director and executive vice president of design, effective April 28.» Read More
It's buy the rumor on the stimulus package, the Geithner package, and hopes that mark-to-market will be modified.
Many retailers saw weak sales as consumer spending largely dried up after the holiday season.
The BoE got a step closer by cutting 50 bps to 1% as expected, The ECB has decided to sit the race out by keeping rates unchanged at 2%.
Sometimes a stock is hot and other times it just burns. Following are trades that didn't end so well...
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Following are the day’s biggest winners and losers. Find out why shares of Sears and Gamestop popped while Saks and Abercrombie & Fitch dropped.
The market is pouring over a dismal set of numbers from the retail sector. And retail analyst Howard Davidowitz sees a trade!
Futures dropped 5 points on disappointing guidance from Wal-Mart. We were expecting a poor December retail sales report, and for the most part it did not disappoint.
In this Web Extra, find out how the traders are gaming the latest retail sales numbers, jobless claims, Obama's economic speech and more!
Call this one Reality Check Part Two: a weaker than expected ADP report, along with disappointing earnings guidance from Time Warner and Intel, a big restructuring from Alcoa, and an 11 percent pullback in oil which pulled commodities and commodity stocks down all weighed on the markets today.
The Dow started the new year with a big jump on Friday as investors looked beyond grim economic data on hopes that a recovery is on the horizon after a disastrous 2008.
The Dow rose in a holiday shortened session on Wednesday after a barrage of economic data signaled the economy was weak, but not as bad as feared...
So you're short on cash this holiday season, but you're not the knitting type. Hey, you don't have to cancel Christmas! DIY isn't just for knit scarves and tins of sugar-dusted prunes, you know. There are thousands of great gifts you can make right from your computer. How about a video scrapbook or an origami peacock? Here are a few ideas to get you clickin' this Christmas.
Brent Wilsey says it's time to go shopping -- for retail stocks. The president of Wilsey Asset Management even has a shopping list. "What's happening is that a lot of estimates have come down a lot from 90 days ago, so people think they're going to come down further," he told CNBC. "A lot of this is built into the stock price already."
Citi's Kimberly Greenberger is looking for a turnaround in retail stocks sometime in the second half of next year. In the meantime, even the best of retailers are struggling.
If you're an avid online shopper, your email inbox is likely stuffed with discount offers as online retailers gear up for what will likely be the busiest shopping day of the holiday season.
As the debt-laden U.S. consumer grows more and more reluctant to spend and Europeans are cutting down on consumption, the world looks to China for salvation. But experts interviewed by CNBC explain why China will not save the global economy from recession.
Oil prices plummeted Friday as concerns increased over energy demand in the slowing global economy. Experts tell CNBC the commodity could fall to $10 a barrel.
Further economic data out of China showed the country was at risk of falling into a deflationary period. Chinese consumer price inflation fell to a 22-month low of 2.4 percent in November, sparking a fresh commitment from the government to take steps to reinvigorate the economy. Experts tell CNBC the country still has attractive prospects.
A tentative deal has been reached between the White House and congressional Democrats regarding a $15 billion proposal for bailing out the U.S. automakers. But CNBC's experts are skeptical on the measures and reckon the markets' positive reaction to the news will be unsustainable.