January New Auto Sales Steady: It's No Longer About 'Which Car Company is Going to Survive'
New car sales in January continued to rise at a steady pace, according to TrueCar.com, continuing the auto industry's slow but stable recovery.
Federal Reserve Plans for Near Zero Rates Through 2014
Concluding a two day meeting, the Fed released it's plans for monetary policy through 2014 today. Fed plans to keep the interest rate near zero through 2014.
U.S. Mortgage Rates Slide to New Record Low of 3.88 Percent: Freddie Mac
U.S. 30-year fixed-rate mortgage rates fell to 3.88 percent in the week ending Jan. 19, according to Freddie Mac.
L.L. Bean 100-Year Anniversary Celebration and Best Products of All Time [PHOTOS]
L.L. Bean celebrated its 100-year anniversary on Tuesday with a giant mobile replica of its original boot, dubbed the Bootmobile. In honor of the 100-year anniversary, here’s a look at some of the best L.L. Bean products of all time, plus Leon Leonwood Bean's original patent sketch of the Duck Boots.
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Nikkei, Asia Markets Close Higher Friday on Smooth Europe Debt Auctions
Japan's Nikkei share average climbed to a one-week high on Friday, rising above the key threshold of its 25-moving average after smooth European debt auctions prompted buying of exporters, while the market remained on edge ahead of U.S. corporate earnings.
Apple iPhone 4S Causes Trouble in China; iPhone Sales in China Halted
Enraged Chinese shoppers pelted Apple Inc's flagship Beijing store with eggs and shoving matches with police broke out when customers were told the store would not begin sales of the popular iPhone 4S as scheduled.
Asian Shares Gain as Strong Debt Sales Ease Risk Aversion
Asian shares rose to a one-month high and the euro clung near its strongest in a week Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
U.S. Stocks Climb to 5-Month High
The S&P 500 closed at a five-month high for the third day on Thursday but had difficulty extending gains in the face of lackluster economic data and another European bond market test.
Europe's Markets Close Mixed Thursday on Weak U.S. Retail Data
Europe's markets closed mixed on Thursday after a profit warning from retail heavyweight Tesco and weak U.S. retail and labor data more than offset relief from successful Spanish and Italian debt auctions.
Europe Auctions to Lift Wall Street Despite Weak Data
Strong bond auctions in Europe set up Wall Street stocks for a slightly higher open on Thursday, though weaker-than-expected U.S. data could cap gains.
Retail Sales Post Weakest Reading in 7 Months
Retail sales rose at the weakest pace in seven months in December as consumers pulled back late in the holiday shopping season, cutting purchases at department stores and spending less on electronic gadgets.
U.S. Stock Futures up after Spain's Debt Auction
Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the economy is steadily recovering.
Stock Futures Rise after Europe Debt Auctions, Data Eyed
Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the U.S. economy is steadily recovering.
Are Traffic Lights Turning Green for World Economy?
Counting container ships plying the high seas and air cargo takeoffs is one way to track the outlook for the global economy. Both measures point to weak growth in the months ahead but no severe storms.
Eurozone's Economy Slumps at Year-End; Business Climate Warms
The Eurozone's economy deepened its downturn at the end of 2011 as retail sales fell and sentiment soured, but the first improvement in the business climate in 10 months offered hope that an expected recession may be mild.
December, Holiday Retail Sales: Macy's Among Strong Performers; Mild Weather Hurts Retailers
Retailers posted strong sales numbers in December, but at-times extreme discounts tapered good feelings, profits and earnings outlooks for the full year.
Barnes & Noble Shares Fall Briskly Following Forecast Reduction, Spinoff Talk
The New York-based retailer said it expects 2012 consolidated sales between $7.0 billion and $7.2 billion. The company expects full year losses to total $1.10 and $1.40 per share.
December Same-Store Sales Point to Strong Holidays
The first batch of December sales results suggests that people were willing and able to shop if U.S. retailers made it worth the effort with discounts.
U.S. Online Holiday Spending up 15%: comScore
U.S. online sales for the 2011 holiday season rose 15 percent to hit an all-time high, according to data firm comScore.
Paul Smith Profit up by 31 Percent Despite Economic Turmoil
Couture designer Paul Smith has reported an increase in pre-tax profits of 31 percent despite the economic downturn. As per the accounts filed in the Company House, the pre-tax profits rose from £20.9 million a year previously to a current £27.4 million.
Europe's Markets Inch Higher Tuesday at Mid-Day
European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
Online Sales Showing Sustained Momentum throughout Q4
Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.
Fed Points to Risks from Europe
The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.
Fed sees risks from Europe
The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
Fed Leaves Policy Steady, Downside Risks Remain
The Federal Reserve on Tuesday left monetary policy on hold but said financial market turbulence posed threats to economic growth, leaving the door open to further easing next year.
U.S. Futures Signal Slight Rebound
Futures pointed to a slight rebound on Wall Street on Tuesday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.41 percent and Nasdaq 100 futures up 0.34 percent at 5:28 a.m. ET.
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