According to Reuters, authorities do not think Madoff could have acted alone. Reuters show that the US is sinking deeper into recession. Reuters reports that the SEC defended it response to the…
According to Reuters, a survey of 22 countries show three-quarters of households cutting spending and a sharp drop of confidence in emerging economies. Reuters writes that the US sold record debt and…
According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes that Bush said the auto…
One piece of data does not a trend make. The University of Michigan Consumer Sentiment Poll shows a little uptick last week. But, coming in the holidays, people’s spirits many be brightening.…
Wal-Mart (WMT) reported strong same-store numbers for its most recently reported period. New data from MasterCard (MA) indicates that almost every other retailer in the country was bloodied during the early part…
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial shares, some of the smart money is willing to gamble that the…
According to Reuters, the House will vote on the auto bailout as early as this week. Reuters writes that Rio Tinto (RTP) will cut 14,000 jobs. Reuters reports that AIG (AIG) owes…
Today 24/7 Wall St.named its annual CEO of the Year James A. Skinner of McDonald’s (MCD). He was picked from a field of ten executives which we profiled over the last ten…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
After Costco (COST) posted poor numbers for last month and almost every other large retailer in the US said that the early parts of the fourth quarter were bad and the future…
The retailers who were supposed to do OK during the recession were the ones with the really, really good goods which were being sold at the really, really low prices. Wal-Mart (WMT)…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
Forget how Wal-Mart (WMT) is doing. Sears (SHLD) is the real face of retail. Between its Sears and K-Mart stores, it has 3,000 outlets and 330,000 employees. And, it is dying a…
The new Wal-Mart (WMT) super-store in Columbia, Kentucky is longer than the aircraft carrier USS Enterprise which is docked on the West Side of Manhattan. The retail outlet’s ceilings are taller than…
Douglas A. McIntyre Some figures picked up in the media from research house ShopperTrak showed retail sales on Black Friday up 3%, which was much better than the most gloomy forecasts. The level of consumer…
