Black Friday 2014 Drove US Consumers To Dealerships
Black Friday deals pushed November car sales in the U.S. to highest level in more than a decade.
Christie's CEO Steven Murphy To Step Down As CEO Of International Auction House
Christie’s CEO Steven Murphy announced Tuesday he will step down as CEO of the auction house, less than three weeks after rival Sotheby’s announced a search for a new top executive.
Dow Jones Industrial Average, S&P 500 Index Rebound On Strong Auto Sales And Construction Spending
The Dow Jones Industrial Average and S&P 500 Index edged higher on Tuesday, driven by strong construction spending and auto sales.
What Plunging Oil Prices Mean For US Consumers, Petroleum Producers, Oil Service Companies
Lower crude oil prices are good for U.S. consumers and bad for oil services firms as well as some oil-producing nations.
Spansion Inc. (CODE) Stock Price Soars After $4 Billion Merger With Cypress Semiconductor Corporation
Cypress Semiconductor Corp. and Spansion announced on Monday the two companies have agreed to merge in an all-stock transaction, valued at $4 billion.
Dow Jones Industrial Average, S&P 500 Index Dip Following Japan's Credit Downgrade
The Dow Jones Industrial Average and S&P 500 Index dipped on Monday, driven by losses following Japan's credit downgrade.
Black Friday 2014: Millions of 'Black Thursday' Consumers Get Head Start On Sales
Nearly 140 million U.S. consumers are expected to shop this weekend, but millions got a head start on Thursday night, says the National Retail Federation.
Wall Street’s Week Ahead: Cyber Monday 2014 Sales, US November Jobs Report
“Consumers today want more than just the discounts they've been showered with since the start of the recession."
Thanksgiving 2014: Retail Employees Have Mixed Feelings About Working On Thanksgiving
As more retailers open their doors on Thanksgiving, workers have mixed feelings.
OPEC Meeting Preview: Will Slump In Oil Prices Push OPEC To Slash Production?
OPEC may be forced to pull back on production to keep oil prices from sinking lower.
S&P 500 Index Hits Record On Strong US GDP Growth, But Dow Dips After Weak Consumer Confidence
"Consumers were somewhat less positive about current business conditions and the present state of the job market."
Black Friday 2014 Sales Jump Across The Pond To The UK
“Black Friday is a phenomenon in the U.K., but we don’t see it in the rest of Europe.”
Dow Jones Industrial Average, S&P 500 Rise To New Record Highs Despite Trio Of Weak Data
“Clouds are gathering over the global economic outlook, presenting the darkest picture seen since the global financial crisis."
China's Rate Cut, Coupled With ECB Stimulus And Lower Oil Prices, Could Boost Global Growth In 2015
Any real benefit to China's economy will probably be the result of factors outside the country.
Wall Street’s Week Ahead: Will Black Friday 2014 Sales, Low Gas Prices Boost Consumer Spending?
Black Friday officially kicks off the holiday shopping season next week and economists predict a boost in spending due to a drop in gas prices.
Dow Jones Industrial Average Soars Over 160 Points After China Cuts Interest Rates
The Dow soared over 160 points Friday after China announced a surprise rate cut and Europe stepped up stimulus measures.
Consumer Inflation Unchanged In October As Gas Prices Fall
A key gauge the Fed uses to measure inflation remained unchanged in October, as gasoline fell for the fourth month in a row.
Dow Jones Industrial Average, S&P 500 Mixed Ahead Of Minutes From FOMC's October Meeting
The Federal Reserve is scheduled to release the latest minutes from the FOMC's October meeting on Wednesday at 2 p.m. EST.
Black Friday 2014: Why Most Americans Won’t Shop On Black Friday Or Cyber Monday
Only one in four Americans anticipate making an online purchase on Cyber Monday in 2014, according to a new report from Bankrate.com.
Dow Jones Industrial Average, S&P 500 Close At Record Highs Ahead Of BOJ Meeting
The Dow, S&P 500 hit record closing highs Tuesday ahead of the Bank of Japan's monetary policy statement.
Japan's Recession Will Raise Some Prices In US, But It Could Hurt China Even More
Japan’s recession will affect how much Americans pay for Japanese technology products and automobiles, but it could hurt China more.
Unusual Quirk Tied To Strong Rise In US Wholesale Inflation
Wholesale costs in the U.S. unexpectedly rose last month, but the surprise jump could be tied to an unusual quirk.
Japan Recession 2014: How A Graying Population Impacts Asian Economies
An aging population could be part of the reason monetary stimulus has been so ineffective in Japan.
S&P 500 Hits Intraday Record As Producer Price Index Unexpectedly Jumps In October
Data released Tuesday showed an unexpected rise in producer prices last month, propelled by a rise in prices in the services sector.
Allergan Inc. (AGN) Stock Jumps After Actavis Buys Botox Maker For $66B
Irish pharmaceutical firm Actavis has agreed to buy Botox maker Allergan for $66 billion, creating one of the top 10 global pharmaceutical companies by sales revenue.
Halliburton Company (HAL) Stock Price Falls Following Plans To Buy Rival Baker Hughes For $34.6B
Halliburton's plan to pay $34.6 billion for Baker Hughes will combine the second and third largest global players in oil field services.
Top Five Most Affordable US Metropolitan Cities To Live In
Out of the 25 largest U.S. metropolitan areas, Minneapolis was named the most affordable city in 2014, while San Francisco came in last.
Wall Street's Week Ahead: Economists Eye FOMC Minutes, Target Corporation Q3 Earnings
Economists expect cheaper gas prices will likely put more money back into U.S. consumers’ pockets heading into the holiday shopping season.
Home Ownership Unaffordable For Most Americans As Wage Growth Stagnates: Report
Stagnant wage growth continues to weigh on U.S. consumers, with home ownership still unaffordable for most Americans.
Dow Jones Industrial Average Hits New Record High Following Strong Wal-Mart Earnings
Investors shook off mixed data out of Asia and Europe Thursday to cheer on strong results from retail giant Wal-Mart.