Farewell, KB Toys, Circuit City, Mervyn’s, and Linens ‘n Things.Each retailer, now defunct, offered good prices, but that’s not enough in a recession. Quality and brand strength cou

The route was certainly circuitous but stocks ultimately staged a modest rebound from Friday’s ugly action. Ford’s (F) $997 million profit hoard, a three year high in manufacturing,

“The big-picture perspective is that things have improved. The question is, how sustainable is this growth going forward?”-- Jan Hatzius, chief US economist at Goldman Sachs (GS), on the

Absent an eve of Halloween horror show, stocks will avoid a red October after snapping a recent slide in emphatic fashion on GDP figures which showed the worst recession since the Second World War is

Stocks slipped after disappointing data blew in from the Windy City via a weaker than expected Chicago PMI report. See also Chicago PMI Freezes the Bulls. Maybe markets simply needed to CIT (CIT

Minyan Morning Memo One to Watch: Time Warner (TWX) today reported Q2 earnings which exceeded estimates even as its revenue fell short.The media conglomerate benefited from cost cuts, strength i

Pollster Scott Rasmussen says President-Elect Barack Obama won by running on Ronald Reagan’s themes of tax cuts, easing economic anxiety, setting foreign policy right and delivering on America&

I recently heard last month’s stock market collapse referred to as Black October. I’d rather call last month the Great Reckoning. The bill for past deeds was finally served. Beyond the fi

The downbeat economy may be good for auto parts retailers, as more drivers do basic repairs themselves in order to save money. AutoZone (AZO) says fourth-quarter sales increased 10.4% from the same p

The Securities and Exchange Commission may require some US companies to switch to international accounting rules by 2014. The SEC says the change will make American companies more competitive in the