Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
HTC Expects Brighter Second Quarter Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
Raiders report card: B’s across the board in 1st win since Week 4 How the Raiders performed in a victory over the Jacksonville Jaguars on Sunday at Allegiant Stadium, a win that snapped a 10-game losing streak. 12/22/2024 - 1:14 pm | View Link
US retail sales showcase economy's enduring strength U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in the economy as the ... 12/17/2024 - 3:21 am | View Link
28,000 Retail Jobs Lost In November? The Real Story Behind The Numbers Bureau of Labor Statistics reported retailers lost 28,000 workers in November. But the widely reported BLS data obscures rather than reveals seasonal retail hiring. 12/12/2024 - 2:39 am | View Link
Progressive’s Strong Financial Performance and Growth Justifies Buy Rating and Increased Price Target Analyst Joshua Shanker from Bank of America Securities reiterated a Buy rating on Progressive (PGR – Research Report) and increased the price ... 12/9/2024 - 8:45 pm | View Link
November Jobs Report Isn't as Strong as It Looks. What It Means for the Fed. Don’t be fooled by the healthy rebound in U.S. payroll growth of 227,000 in November. It’s a big number that was above expectations, but much of that was not new job growth. Rather, it was the return ... 12/6/2024 - 4:16 am | View Link
Jaymes O'Pheron is an entrepreneur who moved from Aberdeen, Washington, to Fargo, North Dakota, in 2021. Courtesy of Jaymes O'PheronJaymes O'Pheron is an entrepreneur who has lived all over the world. He and his wife moved from Washington state to Fargo, North Dakota, in 2021. O'Pheron said the Midwest locale is his favorite because of its strong community.
Russian President Vladimir Putin had called on the country's central bank to make a "balanced" decision about its key interest rate. Getty ImagesRussian interest rates on deposits and loans have risen faster than its central bank's key rate. A central-bank official said lending might have slowed too quickly in the battle to lower inflation.
After Tamara Ponzo Brattoli's son Anthony died in 2018, she continued teaching but transitioned to working at Costco. Laura McDermott/BITamara Ponzo Brattoli's retirement plans changed after her son's sudden death in 2018. Brattoli took a job at Costco to pay her bills, but she worries about her financial future. Many older Americans face financial struggles after losing loved ones, which affects their retirement.
Spain's mothers are among the oldest in Europe. Antonio Hugo Photo/Getty ImagesSpain has some of the oldest moms, with 11% of women having kids post-40, compared to 4% in the US. Financial insecurity and settling down later in life play a notable role. But Spain's accessible fertility treatments and excellent public healthcare are also factors.
iStock; Rebecca Zisser/BIHurt by higher interest rates, commercial real estate should see a modest rebound in 2025. Lingering inflation, however, could complicate the recovery by pushing up long-term interest rates. Industrial warehouses, a star of the sector, are poised to stand out in 2025. The commercial property sector has had a bruising few years as rising interest rates have pushed down values, complicated refinancing deals for hundreds of billions of dollars of expiring mortgages, and stymied investment.
Richard Gadd in "Baby Reindeer" and Michelle Keegan in "Fool Me Once."NetflixNetflix has produced some of the most captivating and divisive shows of 2024. It hooked viewers with a mystery in "Fool Me Once," and stoked controversy with "Baby Reindeer."Here are the nine most talked-about shows on Netflix in 2024.2024 has been a huge year for Netflix, with the streamer's shows sparking huge conversations.