In a sign that consumer spending may be on the rebound, Visa on Wednesday reported its fiscal fourth-quarter profit jumped 51% from a year ago. But shares fell after the company released disappointing guidance for the next year…
Of course, retailers need to fight for every dollar. But the tactics they use to get customers to spend extra are clearly wearing thin. Our readers griped about nearly 350 sneaky ways stores aggravate them, especially when it c…
The Consumer Confidence Index unexpectedly ticked up 1.6 points to 50.2 in October, the Conference Board said Tuesday, as Americans became slightly more optimistic about the job market.
A Bloomberg survey had expected the index to rise to 50.0 from a…
The “new normal” coined by Pimco posits a long era of diminished earnings and stock prices as overleveraged consumers and companies cut back. But it’s not playing out that way. It seems Corporate America is growing less and les…
Fund manager Neil Hennessy believes investors should target retail stocks that are likely to thrive in slow-growth economic conditions — but which also stand to benefit when the economy picks up again. Here are some of his fav…