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Financial

Accessories News

Financial

Under Armour’s Speedform Gemini 2 smart shoes

Under Armour Cuts Outlook as Sports Authority Declares Bankruptcy

Under Armour cut its outlook as it adjusts to the liquidation plan for Sports Authority.

Macy's Store

Mixed Emotions, Latest Reading of Consumer Confidence Falls

The Conference Board’s Consumer Confidence Index fell in May, providing counterbalance to other bullish readings of shopper sentiment.

New York Stock Exchange traders.

Stocks Up Modestly as Consumer Spending Rises

Stocks are up modestly following a strong consumer spending report.

Chinese Stocks Surge on Index Speculation

The influential MSCI benchmark index might add Mainland stocks, so-called A-shares, to its roster.

Europe’s Markets Edge Down in Midmorning Trading

Retail and luxury stocks were mostly down.

European Markets Mixed

Fashion, luxury and retail stocks were also choppy in morning trading on Monday.

Tokyo Shares Gain

Japanese shares advanced following remarks from Federal Reserve Chairwoman Janet Yellen suggesting that an interest rate hike would be appropriate. Meanwhile, the yen weakened against the dollar and Japan looks set to postpone a controversial sales hike slated for next year.

China Fixes Yuan at Lowest Rate in Five Years

The move is considered a response to Fed Chair Janet Yellen’s recent comments indicating that an interest rate rise could be on its way in the coming months.

Online shoppers.

Consumer Sentiment Jumps as Fashion Flounders

The University of Michigan’s Index of Consumer Sentiment showed a much more buoyant shopper in May.