February 28, 2005 |
Investors will look this week to the Chicago purchasing managers index and the February payroll report to assess the economy's health, strategists and traders said. Tensions in the Middle East also will get renewed attention on Wall Street in the wake of a fatal bombing outside a Tel Aviv nightclub that shattered a de facto truce by militants, which had raised hopes for peace.
January 12, 2006 |
China's booming trade surplus in 2005 more than tripled to $101.9 billion, a record amount that is likely to stoke protectionist sentiment in the United States and Europe and renew pressure on Beijing to further revalue its currency. A breakdown of Chinese exports and imports by industry and country won't be available until later, but the U.S. is widely expected to show a record $200-billion trade deficit with China for 2005.
June 19, 2006 |
When Matt Rubel took over as chief executive of Payless ShoeSource Inc. last summer, he inherited a company a little down at the heels. With more than 4,600 stores, Payless is the largest specialty shoe retailer in the country. But years of conservative management had left it in the worst place for a seller of fashion -- out of date.
September 15, 2002 |
Cynthia Soriano knows the value of a dollar, which is why she shops at a big discount chain where she can pick up a pair of imported shoes for her 6-year-old daughter for $13.99. She doesn't know that $2 or $3 of that bargain-basement price supports a tariff system that critics say falls hardest on poor U.S. consumers and on developing countries that produce labor-intensive goods. Those tariffs, designed to protect U.S.