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Providing further evidence of a slowing U.S. economy and a more cautious consumer, Wal-Mart Stores and other retailers reported one of the weakest months of retail sales in years.
U.S. stocks wavered Thursday as reports on January retail sales and jobless claims stirred recessionary fears. Tech stocks were under pressure after Cisco said consumers have become increasingly cautious both in the U.S. and Europe.
I've noted that when you are in this kind of uncertain market, everyone becomes a technician. There's a lot of attention now focused on tech stocks, now that both the NASDAQ and NASDAQ 100 have broken to 52-week lows.
Discounts and gift cards helped many U.S. retailers rebound in January from a dreary December, according to data released Wednesday, but analysts suspected post-holiday sales were stunted by the weaker economy.
Who will be the winners and losers as media and metals report earnings this week. Also what's the trade as retailers release sales figures, Thursday?
With the big game just around the corner, here are even more companies that are primed for big business on the back of Super Sunday...
What can Doritos do to save the economy? Cheesy nachos, 600 LCD TVs and $99 workout systems are all part of Wal-Mart's economic stimulus plan unveiled today to coincide with President Bush's push of his own tax rebate and economic stimulus package.
Wal-Mart Stores has a Super Bowl blitz of its own: the world's biggest retailer said it is slashing prices of thousands of items that football fans might want ahead of the hotly-awaited Giants-Patriots game.
An unprecedented late-day rally reversed morning losses and sent the Dow higher by 300 points - all thanks to the banks and brokers. Could this move mean a bottom or is it nothing more an oversold rally?
The show was over, but Cramer kept going. Don't miss his in-depth answers to audience questions about Merck, Target and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Target said its January sales are coming in at the low end of the range it had expected earlier this month.
You can always count on Fast Money for smart plays on the top stories of the day. We try hard to bring you winners but nobody can be right all the time. Following are the traders' best and worst calls.
Strong evidence is emerging that consumer spending, a bulwark against recession over the last year even as energy prices surged and the housing market sputtered, has begun to slow sharply at every level of the American economy, from the working class to the wealthy.
U.S. chain stores, reeling from the slowest holiday shopping season in five years, got some more bad news Sunday: 2008 will not be any better and could see changes that may shift the retail playing field forever.
The American consumer is cutting back--even at the most important (and typically extravagant) spending times of the year. That's the one clear headline from all the recent retail numbers. Markdowns ate profits, that's also clear. But figuring out just what's going on with the consumer involves a few shades of gray...
Big box retailers like Wal-Mart and Costco saw sales that exceeded expectations, but most niche retailers saw their sales drop or saw sales grow less than expected.
Discount retailer Target said December sales at its stores open at least a year rose 0.6 percent, adjusted for a calendar shift, compared with analysts' expectation for a gain of 0.2 percent.
In a long-expected move, discount retailer Target said Wednesday that Chairman and Chief Executive Bob Ulrich will retire May 1 and be replaced by President Gregg Steinhafel.
Some electronics retailers had huge success in 2007, but the year left others bruised. A CES retail panel featured executives from both kinds of companies.
U.S. stocks ended the day flat but there was plenty of action as oil passed through par, gold hit a new high and Bed Bath & Beyond put up "beyond" bad numbers. All that and more in the "Word on the Street."