Stocks are moving sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs.
JC Penney took a different approach to Black Friday than other major retailers like Target, Wal-Mart and Toys ‘R’ Us, which opened Thanksgiving evening.
Watch and fashion accessories maker Fossil Inc. has reported third-quarter revenue that fell short of Wall Street expectations.
There was a moment in the debate that will be discussed in the days ahead that everyone missed until yesterday. A review of the debate tape reveals that, apparently, Mitt Romney needed a cheat sheet to keep the lies straight.
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
Romney is dragging his own campaign and every Republican down. Republican operatives and House and Senate candidates have conceded as much throughout the month of September.
Occupy Wall Street made the world aware of Wall Street’s nearly-obscene inequities. But, unfortunately, that has been about it. How much has really changed because of the 12-month-old movement?
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Pier 1 Imports has forecast its fiscal second-quarter adjusted earnings and revenue at levels above Wall Street’s expectations.
One closely watched stock, Facebook, fell again Tuesday to just over half its initial public offer price. After rising on Monday, the social network’s stock dipped 85 cents, closing at $19.16.
On Monday, Apple’s surging stock propelled the company’s value to $624 billion, the world’s highest, ever.
The hype surrounding Facebook continued on the second day of trading. After closing only $0.23 above the IPO price on its debut, the stock dropped 11 percent on day two, down $4.20 cents.