A study by Consumer Reports finds that most of us love a good deal. In fact, more than a third of those surveyed feel guilty when they pay full price. Nearly 60 percent wait for a sale to buy what they want. And 23 percent say they buy things that are on sale, even they don't need them.
AT&T (T) is no longer your grandmother's Ma Bell. The telecom giant has reportedly held talks about buying satellite-TV provider DirecTV (DTV). A deal could be worth more than $40 billion, and it would make AT&T a close second in the pay TV business to the planned tie up of Comcast (CMCSA) and Time Warner Cable (TWC).
Here on Wall Street, the Dow Jones industrial average (^DJI) gained 45 points Wednesday, to close at its first record high this year. The Standard & Poor's 500 index (^GPSC) added 5, and the Nasdaq composite (^IXIC) rose 11 points.
After tumbling in January, the Dow has jumped 900 points over the past three months.
Finally, in one of the first fallouts from the Western sanctions against Russia, a U.S. court has temporarily blocked Boeing and Lockheed Martin from dealing with a Russian supplier of rocket engines. The company is run by one of the individuals targeted by the Obama Administration.
-Produced by Drew Trachtenberg.