With an abundance of sales happening early on this holiday season, some retailers may fare better than others.» Read More
As the news came in that Timothy Geithner would be Obama's pick for Treasury Secretary the market made a sharp move upward fueled in part by short covering.
Stocks rallied Friday, with the Dow soaring nearly 500 points, following news that Obama has picked Geithner as Treasury Secretary. Friday's gains helped offset much of the week's losses, pushing the Dow back above 8,000.
Stocks woke up Friday following news that President-Elect Barack Obama is expected to announce two key cabinet posts.
Citigroup’s board will likely convene today to discuss many of these alternatives. This comes after the stock has lost half of its value this week, as it closed below $5 yesterday
Stocks plunged yet again on Thursday, sending the S&P 500 to its lowest level since 1997 – and completely erasing more than a decade of stock market gains.
In this Web Extra find out how the traders are playing Dell, the Gap and much more!
Holiday advertising from a lengthening list of retailers will reflect the cautious mood among consumers as data indicate spending is slowing and store revenue is falling, the New York Times reports.
Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.
The most important fact about the economic and earnings data in the past couple weeks is that it has generally been worse than the already lowered numbers predicted. We have seen this again this morning, with the exception of the Productivity number.
U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.
Stocks bounced higher on Tuesday, with the Dow surging almost 11 percent to close back above 9,000...
Stocks clawed back from five-year lows on Thursday, led by a bounce in energy and health-care stocks...
The situation is so bad Cramer's suggesting we turn malls into bowling alleys.
Teens across the nation have spent their summer vacations battling high gas prices, competing for jobs in a weak part-time employment market, and making do with smaller contributions from cost-conscious parents, said Portfolio.com
The Dow rose on Thursday after a late day report suggested that Bank of America is in talks to buy embattled investment bank Lehman Brothers.
Commodities continue to drop, as they have for 7 of the last 8 trading sessions. With futures weak again here, we are very close to breaking the recent closing low of July 15 of 1,214.
With the Treasury ready to pump $100 billion into Fannie & Freddie, how can you capitalize on the government’s next big move?
Following are the day’s biggest winners and losers. Find out why shares of American Eagle and Chico’s popped while Caterpillar and American Express dropped.
Yesterday, Kohl's and JC Penney reported August same store sales slightly better than expected. Today Wal-Mart, Target, Gap, American Eagle (reaffirms third quarter guidance), Pacific Sunwear all reported sales above expectations. However, department stores did not fare as well.
Retail should be getting slammed by a weak back-to-school season. So, how come shares are up?