This week we turn the calendar page, and that change brings with it a raft of economic data. Fed Chairman Ben Bernanke will deliver his semiannual monetary policy testimony before Congress, while Wall Street waits on more earn…
Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
It was a rough (even if short) week on Wall Street. But at least the Dow ended higher after losing more than 300 points in the previous three days. Some month-end bargain-hunting also helped stem the slide. [Video]
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After a three-year search, Lou D’Ambrosio, a former technology executive, has been tapped to lead the struggling retailer.
Continue reading Why Is a Technology Executive Leading Sears?
Why Is a T…
The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart did…