U.S. stocks were set to open little changed Wednesday, as investors around the globe awaited a key European summit.
The nation's economy grew at a slower pace than previously reported in the first three months of this year, raising new concerns about economic weakness.
Indian GDP growth slides to 5.3% a clear sign that the country's slowdown is deepening and affecting all sectors of the economy.
The U.S., Japanese and Chinese economies have regained their momentum and are leading the world in growth, according to the latest report Tuesday from a global monitoring group.
U.S. stocks closed mixed Thursday, with the broader market falling for a third day, amid renewed worries about the debt crisis in Europe.
U.S. stocks were headed for a weak open Thursday, taking their cue from world markets on the final trading session of the week, as worries about the European debt crisis bubbled up.
Stocks closed in the red Wednesday as investors grew concerned about the health of the global economy.
What happened to the smiley face? It's long gone from Wal-Mart marketing after years as the corporate symbol, and its disappearance is part of a much larger story. It's hard to believe, but for decades the world's largest retailer wasn't much of a marketer. It spent little on marketing, and its efforts, epitomized by the grinning circle, could be charitably called down-home and realistically described as amateurish. Change finally began four years ago when Stephen Quinn was made chief marketing officer of Wal-Mart U.S. He exiled the smiley face to the land of e-mail emoticons and developed a new theme -- "Save money. Live better" -- that became a statement of corporate purpose. Current TV commercials actually include some wit while hammering home the message.
Economic growth was stronger than originally thought at the end of 2011 as consumers increased their spending and businesses stocked up their inventories.
Economic growth in India slowed at the end of last year, the government reported Wednesday, raising concerns about whether emerging markets will continue to be the engine of global growth.
Orders for long-lasting goods plunged in January, as businesses fiercely pulled back on buying new equipment after a special tax treatment expired.
U.S. stocks recovered from earlier losses late Tuesday to closed mixed amid an uncertain situation in Greece, where political leaders are scrambling to secure a second bailout and avoid a default.
Retail sales rose in January, but were dragged down by an unexpected decline in auto sales, according to government data released Tuesday.
Hoping to offset a disappointing holiday season, Target is relying on some tried and true designer partnerships to bring more of its core customers through the doors and testing the waters with cult favorite Apple, in an effort to attract new ones.
Stocks sputtered Thursday, but managed to close the day slightly higher.
Consumers pulled back on their spending in December despite the holiday shopping season, according to a government report released Thursday.
The income divide in the U.S. is not only evident in unemployment lines and protests outside Wall Street, but also in the way consumers shopped during the holidays.
Amazon.com, the world's largest online retailer, said its series of Kindle e-readers and tablets were the top three most-popular purchases in December.
Sears Holdings on Tuesday reported a sharp drop in holiday sales compared to a year ago, and said the results will force it to close 100 to 120 Sears and Kmart stores.
The U.S. economy was weaker than previously thought in the third quarter, according to a government report, although economists are expecting stronger growth in the final three months of the year.
The holidays aren't even over yet and shoppers are racking up returns already.
Electronics retailer Best Buy reported a large drop in quarterly earnings Tuesday, as weak sales in the months leading up to Thanksgiving cast a shadow on the all-important holiday season.
Consumers slowed the pace of their shopping in November, but that might not bode ill for the entire holiday season.
American car buyers were out in force in November, with U.S. automakers leading the way to the best month for auto sales since 2009's "Cash for Clunkers" program.
On the heels of a record Black Friday followed by a Cyber Monday that went down as the highest-grossing online shopping day in U.S. history, there's one thing retailers know for sure -- shoppers love a good deal.
India's economy grew at the slowest rate for more than two years in the second quarter, confirming the country's shift to lower growth rates of about 7 per cent.
updated: Wed Nov 30 2011 03:45:00
Mallika Kapur reports on the move to allow big retailers like Wal-Mart to open stores in India.
Even though shoppers showed up in droves and spent a record amount of money over Black Friday weekend, it's still too early to tell whether that holiday sales momentum will continue through Christmas.
The holiday shopping season reportedly got off to a strong start this past weekend. But don't expect to find a thriving U.S. economy under the Christmas tree this year.
Preliminary reports for Black Friday indicate that retailers may have seen their strongest sales ever during the all-important kick-off to the holiday shopping season.
Heading out for some shopping on Friday morning? You'll have some company.
Stocks ended in the red Tuesday, amid worries about U.S. economic growth.
Stocks were poised to dip into the red Tuesday, after a government report showed that the economy grew at a slower pace than expected in the third quarter.
Wal-Mart's same-store sales crept up in recent months, reversing last year's losses and trumping expectations, prompting the world's largest retailer to provide a sunny forecast for the holidays.
European economic growth was once again virtually nonexistent in the third quarter, further raising the risk that the continent could soon fall into a new recession.
Most major automakers reported sales gains in October, although the increases were a bit softer than hoped for ahead of Tuesday's sales reports.
Stock market investors finally broke even for 2011, after a choppy trading week.
Unemployment might be high, but the people who work continue to shop. The consumer is not dead, and the recently lower gasoline prices are certainly opening more room for discretionary spending.
The holiday season is barely underway, and retailers are already expressing a ho-hum attitude towards hiring.
Standard & Poor's Ratings Services cut Italy's sovereign credit rating late Monday, saying the nation's weakening economic growth and political uncertainty have dented its financial stability.
As officials in Europe struggle to contain the debt crisis roiling financial markets around the world, economic growth appears to be slowing significantly across the euro zone.
Stocks kept the positive momentum going Wednesday, finishing higher for a third straight session as investors cheered a rise in durable goods orders.
Gold prices dropped sharply Wednesday after a surprisingly strong report on new orders for durable goods dashed hopes of more easing from the Federal Reserve.
Strong aircraft orders in July resulted in a much stronger-than-expected reading for big ticket item orders, a rare piece of good news amid the string of disappointing economic readings in recent months.
U.S. stocks were headed for a flat open Wednesday, as investors digested a better-than-expected report on durable good orders and await Federal Reserve Chairman Ben Bernanke's speech later this week.
U.S. stocks were slammed with another wave of late-day selling on Friday as investors were faced with disappointing news from Hewlett-Packard as well lingering issues with Europe's debt crisis and the future of the U.S. economy.
Wal-Mart Stores Inc. suffered a ninth straight drop in its U.S. store sales last quarter, even as it reported earnings and sales in the period that were higher from a year earlier.
Americans boosted their shopping in July, allaying -- for now -- fears of a consumer slowdown that might stall the economy.
Despite a pick-up in growth at the end of last year, the economy has taken a hard turn for the worse in the last few months.
While China's economic growth remains far faster than that of Western nations, it eased slightly for the second quarter in a row.
America's top three automakers reported June sales gains that were largely in line with expectations, as retail demand for fuel efficient cars remains strong.
Retail sales fell in May, dragged lower by slumping auto sales and marking the first decline in 11 months, the government said Tuesday.
Chrysler Group sales bucked an industry slide last month as the automaker's redesigned models contributed to a 10% increase compared to last year.
Stocks ended higher Wednesday, thanks to a late-afternoon turnaround following President Obama's speech unveiling his plan to cut the U.S. budget deficit by $4 trillion over 12 years.
Store sales rose slightly in March, aided by a surge in furniture and home furnishings, and robust gains in electronics and gasoline sales, the government reported Wednesday.
U.S. stocks were poised for gains Wednesday after JPMorgan Chase reported solid earnings, but cautioned that mortgage losses would continue.
The video game industry came out swinging ... and won.
Despite posting decent gains during Friday's session, stocks finished a choppy week of trading lower, as investors remained on edge in the wake of a massive earthquake and tsunami in Japan that have added to concerns over conflict in North Africa and the Middle East.
U.S. stocks were set to drop at Friday's open, extending a loss from the previous session, as news of a massive earthquake and tsunami in Japan added to concerns over conflict in North Africa and the Middle East.
Rising gas prices did not keep Americans from buying large pickups and SUVs in February, according to sales results from leading automakers.
Despite aggressive price-slashing, free shipping and other gimmicks, Wal-Mart lost shoppers during the critical Christmas shopping period, resulting in a same-store sales decline in its fourth quarter.
U.S. stocks finished lower Tuesday, posting the biggest losses in more than 2 weeks, as investors digested a weaker-than-expected report on January retail sales.
Sometimes it's better to be late to a party. By the time Best Buy made a splash in China in 2006, large domestic rivals had already spread their tentacles across the nation, the Wal-Marts of the world were becoming entrenched, and massive PC malls -- a sort of messy and hyperactive physical Ebay -- had already sprouted up across the landscape like mushrooms.
By nearly all measurements, Corporate America had a stellar last three months of 2010.
In another sign of a strengthening economy, U.S. companies say they are planning to hire more workers, and expect economic growth to pick up in the first months of 2011, according to a survey released Monday.
U.S. stocks ended moderately higher Friday, as investors shrugged off lackluster economic data and shifted focus to next week's avalanche of corporate reports.
U.S. stocks ended mixed Thursday afternoon, as the dollar strengthened and investors mulled a rise in jobless claims and softer-than-expected same-store retail sales ahead of the December jobs report due Friday.
Holiday sales lost speed in December after a strong surge in the prior month, with many store chains reporting softer-than-expected monthly results Thursday.
U.S. stocks were poised to edge slightly higher Thursday, even though the morning brought a report showing a rise in jobless claims and softer-than-expected same-store retail sales. Investors remain somewhat optimistic ahead of Friday's big jobs report.
As the curtain lifts on 2011, the nation's retailers are celebrating one of the most robust holiday sales periods that they've had in years.
Retailers may have lost $1 billion of crucial post-Christmas sales because of the blizzard that struck over the holiday weekend, according to a report Wednesday.
U.S. stocks ended the day mixed Tuesday as investors mulled a disappointing report on consumer confidence and ongoing weakness in the housing market.
The blizzard that walloped the U.S. East Coast over the holiday weekend struck retailers at a pivotal time, burying their crucial post-Christmas sales under a heavy blanket of snow.
Just in time for the holiday shopping season: Americans earned and spent more money in November than they did during the previous month. They also saved less.
The U.S. economy grew at a slightly faster pace during the third quarter than previously estimated, driven by an increase in business investment, the government said Wednesday.
Best Buy's stock plunged on Tuesday after the retailer reported sales and earnings for the quarter which includes Black Friday that missed Wall Street's estimates. The company also lowered its guidance.
There's a growing sense of optimism on Wall Street about the economy, but this week's busy calendar could test the bull's resolve.
Gift cards seem to have lost their status as the perennial favorite of procrastinators this year as shoppers are showing a preference to give traditional gifts, and even cash.
U.S. stocks rallied 1% Thursday, building on the previous session's big gains, as investors cheered strong retail sales and welcomed the European Central Bank's plan to extend liquidity measures.
A full month of deals, capped off by extra-deep Black Friday discounts, gave a boost to retailers' store sales in November in a solid kickoff to the holiday season.
Like a football coach preparing for a rival, Nicki Shoulders has been seriously game-planning for Black Friday -- right down to the play sheet.
updated: Mon Nov 29 2010 18:37:00
Customers await for a Sears store in Burbank, California, to open for some holiday shopping.
If last year was the holiday to buy your wife a practical gift like a crock pot or a blender, then this is the year to buy her jewelry.
updated: Mon Nov 29 2010 09:17:00
The world's largest diamond hub opens in India. CNN's Mallika Kapur reports from Mumbai.
Preliminary reports of sales on Black Friday weekend are coming in.
After two-years of belt tightening, consumers are feeling the urge to splurge on this year's hottest holiday deals. Retailers eager to lure shoppers in are slashing prices -- even before Black Friday.
Wal-Mart Stores posted third-quarter profit of $3.4 billion and raised its full-year guidance Tuesday, in a closely watched report that could shed some light on consumer spending.
After posting gains nearly all day, U.S. stocks tumbled at the session's close Monday, as investors remain jittery during a week with a full economic calendar.
Retail sales rose for a fourth straight month in October, the government reported Monday, signaling that consumers are keeping their wallets open as the holiday shopping period approaches.
U.S. stocks were set for slight gains Monday as investors digested two economic reports: one showed strength in retail sales, but optimism was muted by a dismal manufacturing report.
Stocks closed out their worst week in three months on Friday, but it's a new week on Wall Street and investors are bracing for a slew of economic and corporate news to help set the tone.
'Twas three months before Christmas and Becky Gaar was on the hunt for a Disney Princess Magic Rise Oven for her 6-year-old granddaughter.
updated: Tue Nov 09 2010 10:25:00
Don't be one of the millions still paying for Christmas next year. Christine Romans on how you should pay this holiday.
Retailers reported strong sales results for October on Thursday despite the still-struggling economy.
Wal-Mart's CEO told analysts Wednesday that although the world's largest retailer has been losing sales to its competitors this year, he expects sales to improve in the critical holiday shopping season.
Retail sales rose in September, the government reported Friday, fueling hopes that momentum will translate into a robust holiday shopping season for retailers.
The recovery is sputtering and the outlook for the rest of the year isn't looking much brighter, according to a new survey of leading economists.
Retailers on Thursday reported strong sales results for September, as shoppers loaded up on discounted items amid the still-struggling economy.
As the holidays approach, consumers are getting back in the buying mood, but only if the price is right.
Automakers continued to spin their wheels during September, with sales struggling to match the modest levels posted the month before.
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