If high-end shoppers stay away, it is unwelcome news for Nordstrom, says Wall Street. Travel, leisure and home appliance spending may be detracting from luxury retail.

The trading panel dived into assessing Michael Kors Holding and other retailers, as well as addressing energy and where oil is headed.

Michael Silverstein, author of The $10 Trillion Prize, says investors should bet on Chinese and Indian consumers opening their wallets in the coming years.

Innovative hotels are offering hourly rates with beds and showers -- sometimes within airport terminals.

You may not see many millionaires in line for food stamps, but the recession has brought more frugality.

We stumbled ... we lost share ... we lost momentum," said CEO Pat Gelsinger.

Personal spending fell most than expected in December, according to data from the Fed's preferred inflation gauge, helping price pressure ease over the final month of the year.

The philanthropist and Microsoft co-founder discusses China's rise and its role in the world.

...it's actually good-looking.