Author: TheStreet News

For most of the summer, investors pulled money out of chipmakers and data center names and moved it into health care, banks, and retailers.  The AI infrastructure trade led the market for two years. This summer, it underperformed. Jim Cramer says that phase is over. On CNBC’s “Mad Money,” the …

Home improvement and hardware store chains have battled lower sales in the last year as a sluggish housing market and consumers’ reluctance to spend on renovation projects in uncertain times affects their business. Smaller hardware chains also face fierce competition from big-box stores, like Home …

Intel Corp. (INTC) priced an upsized $20 billion stock offering at $95 a share on Tuesday, Aug. 11, raising $5 billion more than the $15 billion plan it announced just one trading day earlier. Wall Street treated this as breaking news. It wasn’t. Intel’s own finance chief told investors this could …

Everyone is familiar with the ironic saying, “You have to prove you don’t need money to get a loan.” But what happens when you have no money, no credit, and need a refrigerator today?  That’s when rent-to-own (RTO) or lease-to-own (LTO) businesses step in. Traditional banking wasn’t built on …

After two Chapter 11 bankruptcies and hundreds of store closures nationwide, a longtime mall staple is revamping one of the most recognizable parts of its business as it works to attract a new generation of customers. Changing consumer habits, an uncertain economy, and growing competition have …

Anyone watching late-night television has heard those ads that urge people to sell the rights to a structured settlement won in a lawsuit to get cash now. “If you agree to take your award or settlement as a structured settlement, instead of receiving one large amount from the plaintiff…