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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...

As a former president of the Federal Reserve Bank of St. Louis, William Poole has a highly informed view of the Fed and the kinds of problems it has to grapple with. Right now, Poole says, the biggest challenge facing the U.S. economy is the "too-big-to-fail' issue." The government has taken on an...

Ryan Jacob was arguably the most popular mutual fund manager a decade ago when, while still in his 20s, he ran one of the few funds focused on internet stocks. Kinetics Asset Management's Internet Fund was the best performing U.S. equity fund in 1998, enjoying a 198 percent return. It rose over 500...

AT&T should be worried if, indeed, Apple is talking to Verizon about distributing iPhones. Last week AT&T (T) said it sold 1.6 million iPhones in the first three months of 2009 and there were reports that it was talking to Apple (AAPL) about extending its exclusive agreement to sell the...

From zero to a billion in nine months: iTunes customers have now downloaded one billion applications from its App Store, Apple said Friday in a press release. How did we live without our Apple (AAPL) iPhone apps 10 months ago? At first naysayers said, Who needs 'em? Now it's, How many do we...

Can Apple carry the technology group on its back, and maybe move it higher even after its shares have rallied 44 percent this year? Is Steve Jobs coming back? Did he ever leave? How is he feeling? Will he make a surprise appearance on the company's earnings conference call? Here are seven items to...