Dec 25, 2014 7:48am

Jobs, Economy and Stocks Gain as Year Closes

Morning Money Memo… Major markets in the U.S. and Europe are closed today for Christmas. The Dow finished up just 6 points yesterday, enough to set yet another new record for the index at 18,030. Markets will end the week with good news in hand,… Read More »

Dec 24, 2014 10:35am

Stock Market Enjoys Santa Claus Rally

Morning Money Memo… The stock market is having more than a Santa Claus rally. The U.S. economy is getting stronger with new optimism about growth heading into the new year. The stock market closed yesterday at record highs after the Commerce Department said growth expanded… Read More »

Dec 17, 2014 10:01am

As Ruble Struggles, Apple (AAPL) Suspends Online Sales in Russia

Russia’s economic and financial crisis is getting even worse and threatens to spiral out of control as the value of its currency falls. Now, Apple has halted online sales of its products in Russia. “Due to extreme fluctuations in the value of the [ruble], our… Read More »

Dec 15, 2014 9:21am

Why Postal Service Officials Tossed and Turned All Night

Morning Money Memo: An over-supply of packages is today’s biggest concern for the U.S. Postal Service, which is bracing for the annual Christmas gift rush. This is expected to be its busiest day of the year, with more than 640 million cards, letters and packages… Read More »

Dec 12, 2014 8:37pm

Think You’re Scoring Great Holiday Deals? Think Twice

With nearly two weeks till Christmas and holiday shoppers starting to feel the crunch, it may feel like bargains are at every corner, but retail experts are saying “Not so fast.” “The bait is that emotional impact of seeing word ‘deal,’” said Cesar Torres, the… Read More »

Dec 9, 2014 9:53am

How Walgreen Plans to Send Doctor to You – Virtually

A top executive at America’s largest drug store chain, Walgreen, said its new telemedicine service is “all about extending convenience.” Patients will be able to see a doctor without leaving home or even visiting any of the stores’ clinics. Walgreen is partnering with MDLive to… Read More »

Dec 2, 2014 9:08am

Chrysler Uses Cheaper Gas to Rev Up SUV, Trucks Sales

Morning Money Memo…   Plunging gas prices are pushing up sales of SUVs and light trucks. Chrysler’s November were the strongest results since 2001, with Jeep sales soaring 27 percent and Ram pickups up 21 percent. Rational or not, many consumers are betting that today’s… Read More »

Dec 1, 2014 6:00am

Cyber Monday: 6 Ways to Prepare

Even if you’re still recovering from the frenzy of Black Friday shopping, you can simplify your Cyber Monday and Cyber Week shopping with these tips. Retailers often announce their Cyber Monday deals later and with less fanfare than Black Friday promotions, because they want shoppers… Read More »

Nov 29, 2014 6:24am

How Cyber Monday Is Different From Black Friday

Besides the obvious difference of shopping in the comfort of your home, Cyber Monday differs from Black Friday as a key bargain-hunting day in significant ways. Traditionally, Cyber Monday emphasized deals on electronic goods, but these days it has turned into a mammoth Cyber Week… Read More »

Nov 26, 2014 9:07am

OPEC Divided Over Plunging Price of Oil

Morning Money Memo… OPEC producers are split as the price of oil hits a four-year low. The 12-member group will meet later this week in Vienna, Austria. The recent 30 percent drop in global prices has cut the amount of money OPEC countries take in… Read More »