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.

The new active Wii video games from Nintendo may be creating a healthier generation of couch potato, according to a new study.

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.

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.

On the surface, a video game opening a virtual pet store doesn’t sound like something investors should care too much about. But when that game is “World of Warcraft,” the stakes change.

EA posted earnings on Monday that declined compared with last year, but profit topped analysts' forecasts. The company also announced layoffs of 1,500 positions in another round of restructuring and shares rose in extended trading.

Analysts expect the game could sell 4.5 to 5 million copies globally on its first day. That would shatter the 3.6 million record currently held by Take Two Interactive Software's "Grand Theft Auto IV" — and it would mean revenues of $270 million to $300 million for Activision.