The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Shares of Best Buy
Best Buy is a retail anomaly because it's an enjoyable place to shop.
Step inside one of the company's stores and it's like walking into the Willy Wonka Chocolate Factory for gadget-geeks.
This is all by design.
Best Buy has worked with partners like Google and Samsung to establish small sections of the store where each can show off new products. Visit a Samsung area, for example, and you'll find the latest smartphones and tablets, virtual reality headsets and accessories.
You might then walk over to Best Buy's gaming section, which has been boosted with plenty of enthusiast accessories over the past few years, from high-end mechanical keyboards (a favorite among PC gamers) to super-accurate mice and fancy gaming headsets with surround sound audio.
Or, just walking down the aisle, you might stumble across a display of Amazon Echo units and Google Home products, each luring you into the promise of a smart home controlled by voice.
Best Buy said on its earnings call Thursday that it will continue to evaluate and optimize its store footprints, improving this sort of experience.
Best Buy also knows how important it is to continue to have an improved online experience, particularly as it continues to compete with Amazon for buyers. Best Buy's digital sales growth increased more than 22 percent, far more than Wall Street expected.
Best Buy's Rewards program offers gift certificates and early exclusive sales to returning customers. It also extends the return period a loyalty customer has on some products, allowing them to test new items in their homes, like a TV, for a longer period of time before deciding if it's worth keeping. A program for gamers lets them
Best Buy also appears to be riding the wireless wars to its own gains. The company said Thursday its
It shows that aggressive pricing in wireless is actually attracting customers into Best Buy stores where they can take advantage of the new deals. (Note, however, T-Mobile does not sell service at Best Buy, though customers can buy unlocked phones that run on T-Mobile's network.)
Best Buy faces its fair share of risks, too, with some shoppers coming into the stores to try products before buying them from other places. The company's aggressive price matching strategy has helped alleviate some of those concerns, however, providing immediate satisfaction for customers who would otherwise have to wait two days or more for a new product to be delivered from Amazon.
As tech continues to become a centerpiece of our lives, we need places where we can go to see and feel the products we're bringing into our homes, places where we can get a better idea of how they look, how they function and what they can do. Best Buy provides that and shows that it's also able to deliver online, too.
Watch: Best Buy hits all-time high