daily finance

In a move that indicates consumers may be worse off than the economic pundits think, Sam's Club is closing 10 U.S. locations and cutting 1,500 jobs.

This month, Facebook made a sneaky change to its privacy settings, and the new policy is generating a fierce backlash. The social network's default privacy setting now allows anyone to see a user's personal information. While users are permitted to change those settings, through an option to limit...

How much does your illness cost you and your insurer? According to a recent study by General Electric (GE) and the U.S. Department of Health's Agency for Healthcare Research and Quality, a 50-year old with diabetes will rack up more than $6,600 in medical bills over the course of a year; someone...

Macy's (M) CEO Terry Lundgren says every dollar of online sales influences almost $6 of sales inside the retailer's stores. According to Lundgren, many shoppers first see an item online and want to look at it in person before making a purchase. For example, a customer may see a piece of clothing...

Macy's (M) CEO Terry Lundgren said he's "encouraged" by the level of buying activity at the company's Herald Square store in New York City Friday. The day after Thanksgiving in the U.S. is nicknamed Black Friday because it's the day when many retailers become profitable for the year. Macy's...

Apple (AAPL) broke its silence in the advertising battle going on between AT&T (T) and Verizon (VZ). The iPhone maker launched its ad campaign this week showing an iPhone user talking on the phone while surfing the Web as a voice asks, "Can your phone and your network do that?" It's Apple's...

Two weeks ago, in a post about AT&T's spotty third generation wireless coverage, I posed a simple question: "How about an announcement telling customers how AT&T has been working with Apple to help boost the quality of its iPhone service?" Now, that seems to be exactly what is happening....

Anyone who has ever gone on a Big Mac binge in hopes of winning the $1 million prize in the McDonald's Monopoly game may be feeling a little more hopeful. Brandi Futch, of White House, Tenn., collected both Boardwalk and Park Place (the two pieces needed to win) after she ordered a McChicken...

Bears who warn the U.S. stock market has gone too far too fast -- the broad Standard & Poor's 500 index is up 18 percent year to date -- may not get much vindication anytime soon. Investors should see stocks continue to rally as long as corporate profits keep recovering, says market expert...

Why do you think Twitter matters? Why should I use Twitter? Will Twitter be around in five years? As I've become more involved using the online microblogging service this year, these are questions I'm often asked about Twitter. The answer to the first two questions is simple: because Twitter is...