The U.S. department store chain Macy’s, Inc. (NYSE:M) sold more winter clothing in January than December. The El Niño effect that slowed sales in the pre-Christmas season gave way to freezing temperatures. Customers started to flock to …
WASHINGTON – Nearly two years after phasing out its Donald Trump line of menswear, Macy’s stock has plummeted to its lowest levels in years. Macy’s dumped Trump merchandise in July 2015 after the then-Republican presidential …
Outside of China, the consensus among economists is overwhelming: The country’s efforts to prop up its plunging stock markets are doomed, the financial equivalent of King Canute trying to halt the incoming tide. But this being China, the …
stock ownership among U.S. adults is at its lowest level in Gallup trends since 1998, essentially unchanged from a year ago. Just over half of Americans, 52%, now say they personally, or jointly with a spouse, own stock outright or as part …
On 28 February 2017, Breitbart.com reported that big box retailer Target’s stock had “crashed,” losing a combined total of $15 billion in investor wealth, because of the chain’s announcement in 2016 that it would allow transgender customers …
Shanghai (CNN)Our mission: Reporting the wild swings of China's stock markets from "ground zero." And it didn't take long for me to sense the mixed feelings of desperation and resignation upon arrival in Shanghai, China's largest metropolis …
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Apple (AAPL) CEO Tim Cook is starting to emerge from the shadow of the company's late co-founder and visionary, Steve Jobs. That's one lesson that can be gleaned from the company's shares hitting an all-time high today of $159.75 as …
It was up 150% until June. Then it fell by nearly a third. Then it had the strongest two-day rise since the 2008 global crisis. China's rollercoaster stock market has provoked panic in recent weeks: panic on the part of small investors, who looked …
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Elon Musk is prone to making outlandish predictions: Humans will colonize Mars by 2025; maglev trains will travel between DC and New York in 29 minutes; artificial intelligence will one day rule the world. He’s never been shy about putting …
The stock market isn’t properly working in Australia, says a Credit Suisse report, and investors can benefit from a relative value spread. As Aussie corporations look to debt markets to generate capital more so than the Australia’s stock