Have Americans Become Too Poor to Shop?

Tony Sagami | |

“The poorest Americans have stopped shopping, except for necessities.”

Dollar Tree Buys Family Dollar for $8.5 Billion

Jacob Harper | |

It was an interesting day in the markets for companies with the word “dollar” in their name, as dollar store giant Dollar Tree (DLTR) purchased rival company Family Dollar (FDO) for

Discount Retailers: Is The Middle-Class Consumer Still Getting Squeezed?

Michael Teague | |

For a term that has such a broad and flexible definition, “middle-class” is an expression that is constantly heard in discussions about the economy and politics. In terms of investing,

Broad Losses for Wall Street as Investors Succumb to Fears of QE Drawdown

Michael Teague | |

Wall Street began Wednesday under pressure from the ongoing free fall in Japanese markets, and was further hampered by underwhelming domestic economic data throughout the day as stocks were hit

Wall Street Starts Monday on the Wrong Foot, as Eurogroup Head has His in His Mouth

Michael Teague | |

A last minute agreement on a bailout plan between Cyprus and the European Union initially led Wall Street higher on Monday, as the S&P 500 came within a half point of its all-time high in

How Credit Card Companies Are Making Plastic Obsolete

Heaven Stubblefield | |

Credit cards have become convenience replacements for checks, cash, and other bulky payment methods. No matter how simplistic they may be though, they are still too bulky for the future. Indeed,

Equities Sector Coverage: Why Stocks Traded Higher

Sector Recap | |

The Dow Jones Industrial Average rebounded to 13,306.57 then consolidated staying above its 50-day and 200-day simple moving average at 13,137.50 and 13,000.99. The Nasdaq rallied from 3003.82

Equities Sector Coverage: Stocks Close Lower on No Progress for Fiscal Cliff

Sector Recap | |

The S&P Case/Shiller 20-City Home Price Index rose 0.3% month over month in September, the sixth consecutive monthly rise, and rose 3.0% year over year. The index is up 9.0% from its March

Equities Sector Coverage: Wall Street Inches Up As Investors Watch Europe

Sector Recap | |

The Nonmanufacturing ISM index came in at 53.7 in May, above expectations, but the employment component fell to 50.8 questioning job creation. The Dow Jones Industrial Average traded down to

Equities Sector Coverage: Wall Street Edges Higher to End Rough Week

Sector Recap | |

New Home Sales for February fell 1.6% to an annual rate of 313,000. The inventory of new homes remains at a record low of 150,000 units. The Dow Jones Industrial Average traded down to a morning

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