Stocks were poised to close lower for the sixth-straight session Wednesday amid concerns over the recovery following Ben Bernanke's grim economic outlook and after the Fed's latest Beige Book stated that several regions showed signs of a slowdown.
Long-term Gap shareholders will need to be a little more patient. The nation's largest apparel retailer told investors gathered at the Piper Jaffray Consumer Conference in New York Wednesday that some of the actions it plans to take to turn around its business will be apparent by this Christmas holiday season, but most won't come until next year.
Our beloved two party political system is currently negotiating an increase to the debt ceiling, all in the name of fiscal responsibility.
Even though most consumers are just starting to work on their summer tan, retailers are already plotting how they will convince you come Black Friday that you can’t live without that must-have sweater, over-priced pair of boots or flat screen TV. With rising input costs, food inflation and continued heavy prices at the pump my prediction is The Grinch and Heat Miser will wipe the floor with the Snow Miser.
Stocks lost steam in the last few minutes of trading to close mixed Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
Stocks rebounded from earlier lows, but wavered ahead of the close Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Higher wages in China could translate into increased costs for Western retailers and trading companies and result in higher prices for American and European consumers, The New York Times reports.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
Fist fights practically break out these days if you ask traders whether the next leg in oil is higher or lower. Who's got it right?
Looks like we can raise the "all clear" sign here on Earth, though it didn't seem like the Oklahoma City Thunder got the memo when they forgot to play the first third of Saturday night's NBA playoff game. Markets try to get their groove back, the IMF looks to announce its next leader and the Treasury Department gets ready to unload some AIG. Here's what we're watching…
The "Mad Money" host reveals what he plans to watch in the days to come.
Mad Money host Jim Cramer shares his favorite stock picks, including Ralph Lauren, Toll Brothers and Costco.
Stocks ended the day sharply lower amid concerns over the restructuring of European debt issues and as retailers such as Gap offered a bleak earnings outlook.
Stocks added to losses before the close amid concerns over the restructuring of European debt issues and a weak earnings outlook offered by U.S. retailers.
Retail stocks sold off aggressively Friday, threatening to end the sector's winning streak, as worries spread that rising cotton prices would pinch profits more than some had expected.
Intrepid options investors who usually relish beaten-down stocks are setting up for more volatility in Gap Inc. shares.
Do earnings reports from Gap and others signal that higher commodity costs are starting to hit companies where it hurts - on the bottom line?
The Dow fell at the open amid poor earnings outlooks delivered by retailers and in the absence of major economic news.
Simply put: the lower end retailers are getting hit because many lowered prices to drive sales. But sales have not increased much, and costs have gone up due to inflation. Boom, a triple whammy.