retail

Apple logo

Apple Watch for $49 at Best Buy

Apple Inc. (NASDAQ: AAPL) is not only having trouble selling iPhones in China, U.S. buyers are not very enthusiastic either. And if anything, enthusiasm for the Apple Watch is even ...
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Amazon.com logo

Why Is Amazon Cutting Prices Up to 75%?

Retailers have to move inventory at a good clip in order not to get stuck with a bunch of stuff they can't sell because it has passed its sell-by date ...
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Alibaba

Alibaba Reports SEC Investigation

In its annual report filing on Tuesday, Alibaba Group Holding Ltd. (NYSE: BABA) revealed that it is the subject of a U.S. Securities and Exchange Commission (SEC) investigation into possible ...
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crash

What Would Make US GDP Go to Zero?

The 0.5% improvement in first-quarter gross domestic product (GDP) is not far from zero. It would not take many factors to push growth down to zero or even below. Several ...
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Photovoltaic

4 Companies That Punished Shareholders Last Week

As earnings season is almost over, the analysts that were expecting earnings disappointments for this season appear to be correct as many companies have fallen flat in the past few ...
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Jeff Bezos

Can Amazon’s Market Value Hit Half A Trillion Dollars?

At least one Wall St. analyst believes the value of Amazon's (NASDAQ: AMZN) share prices will reach $1,000, up from $709. Its market value is currently $335 billion. Is half ...
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Inflation Ahead

Retail Sales Rise Along With Wholesale Inflationary Data

It is no secret that the Federal Reserve has had its hands tied on its desire to raise interest rates. Now data has come out that was marginally positive on ...
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Retail

April Retail Sales Rise 1.3%

The U.S. Census Bureau released advance estimates of retail and food services sales for April on Friday morning. Seasonally adjusted sales rose by 1.3% to $453.4 billion, compared with March ...
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Alibaba

How Analysts See Alibaba After Earnings

Alibaba Group Holding Ltd. (NYSE: BABA) reported results last Thursday that included higher-than-expected revenues and lower-than-expected profits. A revenue jump of nearly 40% was the primary driver for a stock ...
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VR

Best Buy to Unveil Oculus Rift VR Headsets

About two years ago, Facebook Inc. (NASDAQ: FB) paid a reported $2 billion to acquire virtual reality (VR) headset maker Oculus Rift. And despite delays getting the product out the ...
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cash register

Jefferies Sees 4 Great Undervalued Opportunities in Consumer Growth Sector

If the U.S. gross domestic product is so heavily dominated by consumer spending, it should be no mystery why so much effort revolves around that spending. The research team at Jefferies ...
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e-reader

Why Did Amazon Cut Kindle Prices by 25%

Mother's Day is next Sunday, May 8th, and Amazon.com Inc. (NASDAQ: AMZN) is offering a 6-inch Kindle e-reader with a glare-free touchscreen display and WiFi connectivity for $59.99, a discount ...
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Online Shopping

Amazon Offers 50% Off on Some Items

Retailers have to move inventory at a good clip in order not to get stuck with a bunch of stuff they can't sell because it has passed its sell-by date ...
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Inflation Ahead

Slow Wholesale Inflation and Retail Sales Likely to Dampen Fed Rate Hike Expectations

Perhaps the increase in China's exports sounds good for the global growth story, but there is more direct observation in U.S. economic data showing why Janet Yellen and the Federal ...
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VW Golf TDI engine

Dealers Sue Volkswagen Over Diesel Emissions Cheating

Volkswagen had hoped that its meeting with U.S. dealers last week would allow the company to sidestep reparations payments to dealers who lost sales following the diesel-emissions scandal that has ...
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