Black Friday has lost its luster, thanks to a deflationary spiral that's turned 40 percent off promotions into just another day at the mall.» Read More
Times are tough. Everyone is looking for an edge. So maybe companies will start to do what discount retailer T.J. Maxx is doing: Hire lookalikes!
Stocks opened slightly higher Thursday after a report showed jobless claims fell last week but the gains were offset by the retail surprise: three-quarters of retailers reporting chain-store sales this morning missed their targets.
Stocks opened slightly higher Thursday after a report showed jobless claims fell last week.
With same-store sales numbers hitting the Street on Thursday, is there fast money to be made in retail?
Auto makers are posting May sales that are the best for 2009; Ford's economists are estimating that May vehicles sales were roughly 10.4 million; if true that is well above the consensus of 9.4 million.
Stocks ended a rocky session mixed as a banks rally fizzled and an unexpected drop in housing starts left investors a little shaky. Still, a gauge of fear dropped below a key level.
Regional banks like Zions and Huntington Bancshares have been weak all day. Regional banks continue to suffer from concerns about loan losses.
Stocks bounced back Tuesday as banks rallied and a gauge of fear in the market dropped significantly.
Futures dropped as housing starts for April came in at 458,000, well below expectations of 520,000, and permits came in at 494,000, also well below expectations of 530,000. However, most of the drop is attributable to lower multifamily construction; single family starts and permits rose, though they are still low.
Consumers enticed by warmer weather and glimmers of hope for the economy bought a few more items in April, helping discounter Wal-Mart Stores and many mall clothing chains post better results for the month than expected.
The rally continues. Bulls are arguing this morning that today's data supports the current rally.
Stocks declined Wednesday as a late warning from President Obama about stricter oversight for Wall Street knocked major indexes off their highs for the day.
TJX said Wednesday that its fiscal fourth-quarter profit fell 17 percent partly because of the stronger dollar, but adjusted results still managed to top analysts' estimates.
Bernanke bounce or an Obama tumble? That was the question on the minds of traders about markets Wednesday, another day in which Fed Chairman Ben Bernanke testifies before a Congressional committee and after President Obama's Tuesday night speech on the state of the nation.
Call this one Reality Check Part Two: a weaker than expected ADP report, along with disappointing earnings guidance from Time Warner and Intel, a big restructuring from Alcoa, and an 11 percent pullback in oil which pulled commodities and commodity stocks down all weighed on the markets today.
After a year-long hangover in 2008, the real estate industry is hoping for some strong, black coffee in the new year.
The Dow climbed along with oil prices, while General Motors rose after its financing arm qualified for government funds, helping it stave off potential bankruptcy...
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Folks weren't kidding when they said they were going to make a budget this holiday season. A recent survey by BIGResearch found more than half of Americans sticking to their budget this holiday season.
Cramer makes the call on viewers' favorite stocks.