Click through to see some of retail's biggest gaffes over the years.» Read More
Here is a breakdown of where the jobs are right now by sector. See what companies are hiring what types of jobs and in which states. Click through to see all major sectors.
Market pros say their early signals of recovery are flashing and even the mainstream, celebrity-chasing media has started talking about the financial crisis — a sure sign things are about to turn. Here are some other signs you may have missed this week.
Following are the week’s biggest winners and losers. Find out why shares of IBM and Sears popped while WellPoint and Merck dropped.
Stocks tumbled Friday and the S&P hit a 12-year low as news of the government's stake in Citigroup and General Electric slashing its dividend stirred worry in the market.
Hedge fund manager Eddie Lampert, who is chairman of Sears, issued a a 15-page annual letter to Sears stockholders blasting short sellers and more...
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Stocks rallied on Thursday on hopes that the government's plan to shore up the financial system could quickly spark lending.
On Friday, the US markets managed to close in positive territory for the day, however, they turned in their second-down-week in a row losing almost 3% or greater across the board, led by the S&P 500 Index.
Sears Holdings will keep providing a layaway option at its namesake stores as shoppers dealing with the recession look for more options to help pay for their purchases.
Retailers may be licking their wounds but if you’re a shark you could make a killing. Following are some stocks you might short!
Following are the week’s biggest winners and losers. Find out why shares of Sears and Palm popped while Wells Fargo and Coach dropped.
The December jobs report has been hanging over the markets like a dark cloud all week. Its importance has grown larger by the day as economists ratcheted up their expectations for job losses.
Following are the day’s biggest winners and losers. Find out why shares of Sears and Gamestop popped while Saks and Abercrombie & Fitch dropped.
Stocks ended mixed as dismal December retail sales — notably from discount giant Wal-Mart — offset strength in techs, led by Microsoft.
Stocks took a hit from weak December retail sales — even from some of the biggest discount names — but trimmed losses arround midday as strength from Microsoft helped push the Nasdaq into positive territory.
Weaker-than-expected December numbers from Wal-Mart sent stock futures sharply lower as retailers overall painted a bleak picture of holiday sales.
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Dylan and Karen start Tuesday's show by agreeing that it looks like "anything goes" with the current market, as the Dow spacer snapped its recent rally to end the day almost 3% down. This drop was not a surprise to those who are in the business and watch for such things -- Dylan says it was "anticipatable" and is just "the market behaving as markets do."
So now we know. We are in the 12th month of a nasty recession, we have lost billions in net worth, and we have lost at least a couple million jobs in 2008.
As the US economy "officially" enters recession, the markets slide about 2% for the week, but staged a comeback on Friday after absorbing the worst job loss since 1974. The Dow traded in an almost 570 point range.