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Stocks rallied in the final hour of trading to close at their highest levels Friday, with all three major indexes logging a 10-week high, amid optimism the euro zone would find a solution to its debt crisis.
Citigroup and Deutsche Bank analysts issued reports on Tuesday, highlighting how some better back-to-school results may be a prelude to a stronger holiday shopping season at some retailer chains.
Amid slumping consumer confidence, shoppers remained resilient, but retailers were reporting mixed results for September.
Thank you, Steve Jobs! You changed my life and millions of others.
Holiday retail sales are expected to rise 2.8 percent to $465.6 billion, the National Retail Federation predicts. This growth, while far slower than last year’s 5.2 percent gain, is slightly higher than the 10-year average holiday sales gain of 2.6%, the group said.
What would have to happen for 2011 to look like 2008? Cramer runs down the list.
Despite the headwinds facing companies, the bottom line for C-suite executives and small businesses is that the show must go on. You just can't sit still in times of crisis or uncertainty.
U.S. retailers may see more moderate sales gains this holiday season as persistently high unemployment and steeper gasoline and grocery prices prompt shoppers to think twice about spending, according to early forecasts.
ICircular will start appearing Monday in the mobile phone applications of the participating newspapers. It's the pilot phase of a project announced nearly a year ago by the AP, a not-for-profit cooperative owned by newspapers.
Cramer takes a look at this newly public company to determine whether Francesca’s Holdings is a buy.
Stocks closed sharply higher for a fourth-consecutive session Thursday following news that major central banks across the world agreed to lend U.S. dollars to European banks, taking pressure off funding issues across European banks.
Cramer certainly thinks so.
It is not just New York’s big shopping night out. London is buzzing today in anticipation of late night shopping combined with champagne, give-aways and celebrity sightings.
Although 68 percent of retailers plan to keep holiday hiring at roughly the same level as last year, a quarter expect to trim hiring plans for seasonal workers.
Stocks kicked off September with a weak start, finishing near session lows in volatile trading, following a handful of mixed economic news and as investors waited for the government's monthly jobs report on Friday.
The U.S. August ISM figure is out at 10 a.m. Consensus is about 48, anything below 50 indicates contraction. Watch what happens if the figure is weaker than consensus—say, 44 or below. If the market rises, that's a sign of gaming the Fed—traders expecting another round of quantitative easing.
Nordstrom is going the free shipping route.
Stocks staged a late-day rally in light, choppy trading Tuesday, following the latest Fed meeting minutes, which showed officials debated a third round of asset purchases to stimulate the economy and after investors shrugged off a disappointing consumer confidence report.
A good day for a gold series! Gold rose again this morning, partly on our CNBC interview with Charles Evans, president of the Chicago Federal Reserve.
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