China is transitioning away from being the world's discount manufacturer. But it will have to loosen its currency even more to avoid the pitfalls of development.
2011 should have been the perfect year for hedge funds to thrive. What happened?
Kmart and Sears closing will effect 120 stores nationwide. But these Sears closings might not save the company, says one analyst.
Sears closings intended to shore up company's profits. Sears closings will affect Kmart stores, too, but not word on layoffs.
Best Buy sees turnaround from disappointing 2010 Black Friday sales by opening at midnight, focusing on low TV prices. Beyond Best Buy, Macy's and Walmart also score well in holiday sales weekend.