Prom spending is expected to fall 14 percent among teenagers after two years of sharp increases, according to new survey. Less extravagant fashion trends and gloomy winter weather may help curb teens' spending on prom, traditionally a high-priced American rite-of-passage.
The iPad Mini is here. So what kind of sales performance will the new Apple device turn in?
The Apple iPhone 5 sold well in its opening weekend, Apple announced. Still, stock opened down two percent Monday morning.
The iPhone 5 has shattered a record previously established by the iPhone 4S. Apple now says it may have trouble fulfilling pre-orders.