Be it grocery shopping, housekeeping, or the hunt for shoes, full-time workers are willing to spend more on outsourcing errands, so they can work longer. According to the International Concierge and Lifestyle Management Association, spending on personal assistant or errand services is no longer reserved for the uber-wealthy — it's gone mainstream. Read More
Within the Dow, McDonald's is the top performing stock since May 2008, up 65 percent, followed by Home Depot, up 56.5 percent. Bank of America is the worst performing stock, down 78 percent. Read More
After falling far short of fourth quarter earnings' estimates on Thursday, Capital One's high expenses were exposed. Robert Napoli, financial services analyst for William Blair, says this hurdle is not likely to dissapear anytime soon. Read More
Private antitrust litigation pitting some five million retailers against several large banks has slipped under the radar of many analysts and investors who follow those companies, but the case may deliver a multibillion-dollar shock to bank bulls in the coming months, TheStreet.com reports. Read More
Citigroup expects relative outperformance in the card and payments sector although headwinds are forming, said the company’s analysts in a research report released Monday. Citi also raised its price target for American Express, MasterCard and Visa. Read More