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Saturday, Dec 29, 2018 at 01:31 PM EST

US Retailers Hope Higher Pay Will Buy More Efficient Workers

US Retailers Hope Higher Pay Will Buy More Efficient Workers

America's retailers, struggling to fill jobs, have been raising pay to try to keep and attract enough employees. Now, some stores want something in return: A more efficient worker. To that end, retailers, fast...

Saturday, Dec 29, 2018 at 12:46 AM EST

Wall Street Faces Annual Losses Despite Solid Gains for Week

Wall Street Faces Annual Losses Despite Solid Gains for Week

Wall Street capped a week of volatile trading Friday with an uneven finish and the market's first weekly gain since November. Losses in technology, energy and industrial stocks outweighed gains in retailers and...

Friday, Dec 28, 2018 at 08:31 PM EST

Trump and China Loom Over a Tumultuous Year in Asia

Trump and China Loom Over a Tumultuous Year in Asia

To judge by the stream of extraordinary images on the Korean Peninsula, you might think 2018 marked the beginning of an elusive peace in one of the world's last vestiges of the Cold War. Just months after a...

Friday, Dec 28, 2018 at 09:16 PM EST

Sears Chairman Makes Last-Minute Bid on Company

Sears Chairman Makes Last-Minute Bid on Company

Department store chain Sears won a reprieve from liquidating Friday after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to buy the retailer and keep it alive. Lampert's hedge fund, ESL...

Friday, Dec 28, 2018 at 03:57 AM EST

Trade War, Profits, Marijuana: Markets Saw It All in 2018

Trade War, Profits, Marijuana: Markets Saw It All in 2018

Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. It isn't ending that way. U.S. stocks climbed to new highs early, shook off a sudden, steep drop by spring and rode a wave of...

Friday, Dec 28, 2018 at 07:02 AM EST

Sears May Be Down to Last 24 Hours If No Bid Comes Friday

Sears May Be Down to Last 24 Hours If No Bid Comes Friday

Sears, the 125-year-old icon, has 24 hours to survive. The employer of more than 68,000 filed for bankruptcy in October. Its last shot at survival is a $4.6 billion proposal put forward by its chairman,...

Thursday, Dec 27, 2018 at 12:03 PM EST

Elon Musk's Lawyers Try to Dismiss Cave Diver's Lawsuit

Elon Musk's Lawyers Try to Dismiss Cave Diver's Lawsuit

Lawyers for Elon Musk on Wednesday filed a motion to dismiss a lawsuit against him related to tweets calling a British rescue diver a "pedo guy," saying the comments were exaggerated and Twitter itself is...

Thursday, Dec 27, 2018 at 10:56 AM EST

'Shark Tank' Star: Paying Debt Is Best New Year's Resolution

'Shark Tank' Star: Paying Debt Is Best New Year's Resolution

The start of a new year is more than just an opportunity to pop some bubbly. It also serves as a fresh slate; a time to set new goals and create a game plan to execute them. But there’s one aspect of your life...

Thursday, Dec 27, 2018 at 05:04 PM EST

US Stocks Stage Big Rally, Erase 600 Point Drop in Dow

US Stocks Stage Big Rally, Erase 600 Point Drop in Dow

Wall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile week with a gain. The comeback reversed a 611...

Wednesday, Dec 26, 2018 at 10:47 AM EST

Holiday Return Policies: Some Naughty, Some Nice

Holiday Return Policies: Some Naughty, Some Nice

U.S. retailers expect to handle about $72 billion worth of holiday returns this year, according to estimates from the National Retail Federation. That’s 10 percent of their total holiday sales. An analysis...

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