Good News | featured news

U.S. Retailers Outperform Forecasts

Retailers

Retailers’ midnight openings last week brought in customers, most big chains said they were pleased with their Black Friday sales, and the November revenue increases at stores open at least a year came in just where analysts had expected, reports showed Thursday.

 

Dow ends best day since March 2009

The Dow closed up 490.05 points, or 4.2%, to 12,045.68. It was the largest point and percentage advance since March 23, 2009, when the index shot up 497 points, or 6.8% -- just as the latest bull market was beginning.

 

Private Sector Job Growth Accelerates, Report Shows

The ADP report showed private employers added 206,000 jobs this month, prompting economists to raise their forecasts for the U.S. labor report on Friday.

 

World's central banks act to ease market strains

World Central Banks

Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system, saying they would make it easier for banks to get dollars if they need them. Stock markets and the euro rose sharply on the move.

 

Number of kids with health insurance on rise

Kids

Many states have expanded eligibility for, and simplified access to, the children's Medicaid program. This has helped shrink the number of uninsured children from 6.9 million in 2008 to 5.9 million in 2010. Experts say the Affordable Care Act, the federal health care overhaul that requires states to maintain income eligibility levels and discourages other barriers to coverage, has played a key role in the improvement.

 

Consumer confidence rebounded in November

U.S. consumer confidence bounced back from a 2-1/2 year low in November as apprehension about job and income prospects eased, according to a private sector report released Tuesday.

 

Big sales jump for 'Cyber Monday'

Cyber Monday Sales

After years of being more hype than highlight, Cyber Monday appears on its way to its biggest outing ever. Last year, the Monday after Thanksgiving saw an estimated $1 billion spent online in the United States, making it the biggest e-sales day ever. And analysts said Monday that this year's "holiday" -- the online answer to the annual Black Friday bargain rush on stores -- is on pace to be bigger still.

 

Shoppers spent more cash over Thanksgiving weekend: NRF

Shoppers spent more cash over Thanksgiving weekend: NRF

More people headed to stores and websites over the Thanksgiving holiday weekend, and average spending per person rose 9.1 percent as bargain-hunting shoppers scooped up discounts on everything from gadgets to hoodies, a National Retail Federation survey on Sunday showed.

 

Online Sales Jumped on Black Friday

Online sales rose 24.3% this Black Friday, reflecting heavy investment by mainline retailers to get more traction on the Web.

 

NBA players, owners reach tentative agreement to end lockout

NBA players, owners reach tentative agreement to end lockout

After 15 hours of negotiating that began on Friday, the two sides have 'reached a tentative understanding' early Saturday morning, Commissioner David Stern says. It took 149 days and countless hours of hand-wringing, but the NBA lockout finally appears to be over.

Senh: Finally, we still have half a season left. Time to order NBA League Pass, hopefully, the cable companies will only charge us half price.

 

Subscribe to this RSS topic: Syndicate content