Study: Retirement savers make costly 401(k) mistakes Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.
China's April inflation rises to 8.5 percent China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday.
Wall Street looks to US consumers for direction With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent - and this week's data could help investors gauge the mind-set of the average consumer.
Retailers likely to post grim 1st-quarter results After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week.
Gas prices knock bicycle sales, repairs into higher gear Four-dollar-a-gallon gas is good for business - if you run a bike shop. Commuters around the country are dusting off their old two-wheelers - or buying new ones - to cope with rising fuel prices, bicycle dealers say.
Circuit City allows Blockbuster, Icahn to review books In this July 23, 2008 file photo, customers enter a Blockbuster video store in Dallas. Circuit City Stores says it received a letter Friday, May 9, 2008, stating Blockbuster's largest shareholder Carl Icahn is prepared to buy the company if Blockbuster does not receive the appropriate financing or shareholder approval. (AP Photo/Ron Heflin, File)