To say “Call of Duty: Modern Warfare 2” is a hit is akin to calling the Atlantic Ocean a bit humid. The video game has shattered sales records throughout the entertainment industry – besting other games, films and books.

Stocks snapped a three-day losing streak Monday after an encouraging report on existing-home sales and a pullback in the dollar.

Stocks rallied Monday after an encouraging report on existing-home sales and a pullback in the dollar.

Stocks opened higher Monday as the dollar pullled back and gold hit a new record above $1,170 an ounce. The Dow was up more than 100 points at the open and continued higher after a report showed a sharp jump in existing-home sales.

A holiday-shortened trading week begun with all signs pointing to a higher open for Wall Street on Monday, with the dollar weakening and gold hitting a new record high above $1,167 an ounce.

Shares of Activision Blizzard were inexpensive despite record sales of a video game and the company buying back nearly $300 million in stock in the third quarter, Barron's said on Sunday.

The television industry has known for years that video games are a threat to viewership, but a new pilot program might finally give some insight into exactly how big that threat is.

Sales of Activision Blizzard's latest game is breaking gaming records and giving Hollywood a run for its money, literally.

With a crucial holiday approaching for video game makers, Reggie Fils-Aime, President and COO of Nintendo America, said he expects the close release dates of big-name titles "Call of Duty" and "Super Mario Bros. Wii," out Sunday, to revive the industry from its sales lag.

Shares of Nordstrom Inc. dropped after the upscale department store said it had increased its provision for credit losses and issued a guidance that assumes continued "stagnant" consumer spending, at least one analyst said, perhaps disappointing investors hoping for a strong recovery in sales.

The sharp decline in U.S. video game sales the NPD Group reported Thursday were not surprising, and analysts widely expect sales to pick up in November.

Sales of video game equipment and software in the United States tumbled 19 percent in October to $1.07 billion, research group NPD said on Thursday, troubling figures as the industry heads into the most important selling weeks of the year.

Sales of video game equipment and software in the United States tumbled 19 percent in October to $1.07 billion, research group NPD said on Thursday, troubling figures as the industry heads into the most important selling weeks of the year.

After a brief sales increase in September, video game sales took another nosedive in October — but the bad news may finally be over.

While the sales numbers don’t do a good job of reflecting it, 2009 has actually been a pretty good year for video game releases. As developers become more familiar with the current game systems, the level of quality in titles has increased dramatically.