May 16, 2012
JC Penney stock is currency down percent after the company reported that customer traffic is down, sales are down, and the quarterly loss was bigger than expected. The company had hired Ron Johnson, the man behind Apple Stores, to make JC Penney more fashionable.
May 15, 2012
We'll know more later this morning with the latest retail sales figures for April. The forecast is for sales to be down after mild weather pushed extra spending into the first three months of the year. But at least one segment of the retail sector has been hanging on to growth.
May 24, 2012
New York bureau chief Heidi Moore discusses why JPMorgan's loss is a warning that suggests risky practices are taking place at other Wall Street banks.
May 14, 2012
Reviewing the week's headlines on Wall Street and beyond. This week: Oh how the might have fallen -- JPMorgan's $2 billion loss.
May 11, 2012
New York bureau chief Heidi Moore discusses why JPMorgan's $2 billion blunder is affecting markets worldwide and how big a $2 billion loss really is.
May 11, 2012
Huge trading losses by America's biggest bank strengthen advocates of the Volcker Rule and tougher bank regulation.
May 24, 2012
There's a lot of hype over the upcoming Facebook IPO. We have a reality check and advice for those of you waiting impatiently for its launch.
May 24, 2012
CFA Institute President and CEO John Rogers wants to restore the public trust of the financial system. A bridge too far?
Apr 30, 2012
A small business incubator seeks to revitalize a neighborhood in Oakland through a handful of pop-up stores that have no plans to close.
Apr 24, 2012
In 2008, bankers and traders were among Obama's big donors. This year, many are now embracing Romney.
