U.S. stocks rose, extending yesterday’s gain that marked the Standard & Poor’s 500 Index’s biggest rally in almost two months, as initial jobless claims fell and pending home sales unexpectedly increased.
If you think the economy is going to bounce back from the current slowdown before next spring, as I do, then the natural question is which stocks will lead the market recovery.
I recommended both Home Depot and Lowe's Companies in the January issue of Money magazine. Since then, both do-it-yourself retailers have reported earnings declines, and analysts expect results for the current year to be up only slightly - or even down.
Home improvement is one of the fastest-growing segments of e-commerce. But the consequences of a bad decision when it comes to finding a contractor or remodeling products online are far worse than buying the wrong paperback.
Chris Meek put his motorcycle in storage in Wilmington, North Carolina, to protect it from Hurricane Earl as the Category 4 hurricane headed toward the North Carolina coast.
Masai Ujiri, the Denver Nuggets new GM hire, just walked into basketball operations hell. Relentless fire and brimstone, doomsday talk has enveloped the franchise with 2011 free agency’s crown jewel. Carmelo Anthony wants out, multiple reports suggest, and the Nuggets must weigh trading him now versus losing him for nothing when the market opens.