Changing your mind about a purchase can be expensive—particularly if it's a big-ticket item.» Read More
Few, if any, signs of improvement here. Saks and Staples expect the U.S. economy to remain weak for the rest of 2008.
Home Depot said quarterly profit fell 66 percent as the U.S. housing meltdown hurt sales and it took a charge to close stores and curb expansion plans.
Stocks tumbled Tuesday after a measure of wholesale inflation rose more than expected, sparking worries that the Federal Reserve will start focusing on rising prices rather than slowing growth.
Futures dropped a bit as core PPI for April was a stronger than expected. Elsewhere: 1) Home Depot beat estimates, reporting earnings of $0.41 (14 percent below last year's $0.48), vs. consensus estimates of $0.37. Despite the apparent beat, the stock is down 3 percent:
Wall Street is on inflation watch Tuesday. In fact, it is beginning to be on inflation watch everyday. The producer price index, the measure of inflation at the producer level, is released at 8:30 a.m. and is the only item on the economic calendar for Tuesday.
The S&P and Dow eked out gains Monday as record oil prices boosted energy shares, but the Nasdaq slipped after a chipmaker's warning. What's the "Word on the Street?"
Stocks finished mixed as an early rally fizzled and weakness crept into techs, retail and housing.
Last week, Wal-Mart showed it can make money in the current economic environment. This week, the worry is Home Depot won't be able to deliver. Can Home Depot break ranks with rival Lowe's and improve its guidance? Sure, but don't hold your breath.
Stocks advanced Monday as an uptick in leading indicators offered investors a modest confirmation of the optimism they've been trading on.
Retailer Lowe's reported an 18 percent drop in first-quarter profit Monday as the slumping US housing market and soft economy hurt sales, and it cut its full-year profit forecast, sending its shares down as much as 3 percent.
To give investors an edge, CNBC asked the market experts where investors should be placing their bets now.
Stocks opened flat Monday as high oil prices fueled concerns about the weary consumer and there was fresh chatter that the credit crunch isn't yet over.
Is this a real bottom or not? Cramer says it doesn’t matter.
Plus, Cramer's thoughts on NASCAR advertising, why he takes his watch off during the Lightning Round and more.
While there is still debate over whether now is the right time to buy a house, there are other opportunities to make a profit in real estate.
A hedge fund manager argues in the WSJ that the housing market is bottoming. Is he right… or out of his mind?
A flood of numbers from both government and industry confronted investors through the week, making for some choppy trading and a lot of educated guesses from analysts, fund managers, and investors.
The Dow rose on Thursday as a rebound in the dollar and retreating oil prices calmed fears about inflation. What's the "Word on the Street?"
Stocks continued to rally, pushing the Dow Jones Industrial Average past 13,000.
Home Depot’s decision to close 15 stores sent shares higher on Thursday. But is it still the place to shop for more upside returns?