Retailers reported dismal December same-store sales reports after one of the worst holiday seasons in decades, but some teen retailers managed to escape the gloom with positive results.

Summary of December same-store sales results for apparel category store chains, with percentage increase or decrease over the same month last year.

After a weak holiday, the day after Christmas may have been the busiest shopping day of the season, allowing retailers to clear out old inventory, an analyst said Monday.

Looking for a holiday bargain? You may only have to ask. With sales shaping up to be the lowest in years, retailers say they're taking consumers' demands for good deals seriously.

As the debt-laden U.S. consumer grows more and more reluctant to spend and Europeans are cutting down on consumption, the world looks to China for salvation. But experts interviewed by CNBC explain why China will not save the global economy from recession.

Oil prices plummeted Friday as concerns increased over energy demand in the slowing global economy. Experts tell CNBC the commodity could fall to $10 a barrel.

Further economic data out of China showed the country was at risk of falling into a deflationary period. Chinese consumer price inflation fell to a 22-month low of 2.4 percent in November, sparking a fresh commitment from the government to take steps to reinvigorate the economy. Experts tell CNBC the country still has attractive prospects.

A tentative deal has been reached between the White House and congressional Democrats regarding a $15 billion proposal for bailing out the U.S. automakers. But CNBC's experts are skeptical on the measures and reckon the markets' positive reaction to the news will be unsustainable.

Oil prices were steady Tuesday, following a 7 percent rally the previous day, on further economic fears as Japan slipped into a deeper recession. GDP data showed the country's economy contracted at an even faster pace than originally estimated during the third quarter. CNBC's experts weigh in on the economic woes.

Global stocks surged Monday with investors taking heart from a likely rescue plan for U.S. automakers and more government stimulus packages to reverse an economic decline. But experts tell CNBC that the slowdown is far from over.

NEW YORK (AP) — Shares of apparel retailers fell on Wednesday, a day before many are scheduled to report December same-store sales, which are expected to be weak.

U.S. employers axed payrolls by a shocking 533,000 in November for the weakest performance in 34 years. Experts tell CNBC that the outlook for the economy is grim.

November retail sales figures will be released later on Thursday. But as analysts revise their forecasts down on concerns of slowing consumer spending due to recessionary woes, experts predict further troubles for the retail sector.

Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.

U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.