Despite a rally that has sent the S&P 500 up a gaudy 5 percent, Goldman is sticking to its fairly pessimistic call for the full year.
"We're not going to be a highly leveraged retailer because those movies never turn out well. We've seen that before," Terry Lundgren says.
Macy's CEO Terry Lundgren sat down with CNBC for an exclusive conversation on what's ahead for the U.S. retailer.
Improving economic data, wider market volume and Trump administration policy expectations are pushing stocks, Mohamed El-Erian says.
The "FANG" stocks could outperform the market by more than 30 percent this year, forecasts the well-known market watcher.
Trump has been confronted with a series of administrative crises while struggling to move the ball on key policy priorities, NBC News reports.
Analysts had expected the low-price chain to earn $1.29 a share on $131.2 billion in revenue.
Home Depot's comparable sales also topped Wall Street estimates.
A SEPTA train in Philadelphia derailed on Tuesday morning, NBC10 reports.
Oppenheimer cites how December quarter sales results at Columbia Sportswear, Under Armour and Vista Outdoor missed Wall Street expectations.
More airlines are unbundling their prices so they can offer lower fares. That means more fees on "extras" like seat assignments and snacks.
Neel Kashkari is president and CEO of the Federal Reserve Bank of Minneapolis and a voting member of the Fed's policy-setting committee.
Used wisely, Roth IRAs and other Roth accounts are powerful tax-planning tools. Here is a look at some often overlooked aspects of Roths.
Restaurant Brands International on Tuesday announced plans to acquire Popeyes Louisiana Kitchen in a deal the companies valued at $1.8 billion.
Chinese businesses and individuals have submitted at least 65 applications to Beijing to use "Ivanka" as a trademark, the SCMP reports.
"Hygge" is a Danish word that means something like "cozy contentment."
In the week before U.S. Vice President Mike Pence visited Brussels, White House chief strategist Steve Bannon met with a German diplomat and delivered a different message.
OPEC countries are aiming to boost compliance with agreed oil output curbs further from January's high levels, OPEC secretary general says.
A CIA analyst who had worked at the U.S. intelligence agency since 2006 has quit, citing an inability to serve the Trump administration.