Walmart is getting into aspirational retail — and it says a lot about the American economy. In recent months, Walmart has purchased several trendy, online retailers, including the hip fashion brand ModCloth, outdoor gear retailer Moosejaw, and shoe store ShoeBuy. ModCloth's dresses can cost between $60 and $150, whereas Walmart's dresses are usually priced between $10 and $25.
What makes a car a classic? A unique cultural formula of factors, according to vehicle valuation specialists at market research group Black Book — and if they all come together the right way, you could be making big bucks selling vehicles that were once commonplace. There’s just one catch. Well, two. It would be better if you bought it in, say, 1971. And it really helps if the car in question is still in mint condition. Some cars once sold for the manufacturer’s relatively affordable suggested retail prices have years later been marked up thousands, sometimes tens of thousands of percent. The 1971 Plymouth Barracuda, for example, was once purchased for an asking price of $4,296 and is now worth
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed: Teva Pharmaceutical: "I don't really care for that industry. Remember, Allergan's got a big slug of Teva. Let's stay away from that. Let's not pull the trigger there. I saw that, by the way, Abbott offered a lot of Mylan [stock] and Mylan didn't hold up today. Let's stay away." Sirius XM Holdings: "Somebody downgraded that this week and I felt like, what, are you kidding me? That is a great long term situation. Sirius Satellite is terrific. I still think Apple should buy them, but I know that … it's more likely that Apple Hospitality should buy them than Apple."