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Edward S. Lampert, billionaire and hedge fund manager, arrived at the Recession about six months late. The chairman of zombie…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper…
There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving…
"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London…
Baby has got to have new shoes. For those who can’t afford the nice ones, there is always Wal-Mart (NSYE:…
ChangeWave looked at consumer spending habits between February 18 and February 25. They polled 3,773 people on their spending plans…
Several brands which were extremely powerful during the last few decades are about to disappear. Many of them no longer…
According to Reuters, the NABE semiannual Economic Policy Survey show that the subprime crisis and heavy debt are still the…
Sears (SHLD) spent all of its money on stock buy-backs, which leaves it low on cash. Sears reported net income…
Sears Holdings Corp. (NASDAQ: SHLD) is set to report earnings on Thursday morning. First Call has estimates pegged at $3.10…
Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that…
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won’t be satisfied to complete the merger; stock trading…
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together…
Sears (SHLD) has begun to hire some heavy hitters to run its online operations. Since the company does not do…
Our top personal finance-related articles today. Your wallet will thank you later.