Nordstrom stores are scrapping Michael Kors handbags

Wedbush analysts spoke with Nordstrom handbag managers and found that many are eliminating their Michael Kors handbag merchandise.

Facebook CEO Mark Zuckerberg to raze four homes with views of his house

Social media tycoon doesn’t want his neighbors in Palo Alto, Calif., peeking into his and wife Priscilla Chan’s back yard or master bedroom.

Market Snapshot

S&P 500 closes near one-month high as energy stocks rally

U.S. stocks are poised to extend gains for a second session on Wednesday, supported by energy and materials shares.

The Margin

Here’s the house Obama will live in after he moves out of the White House

Photos show the house that Obama will reportedly live in after leaving the White House

Futures Movers

Oil ends at highest since October as U.S. supplies drop

U.S. oil prices end the session at their highest level since early October after a U.S. government report showed that domestic crude supplies fell ...

Mark Hulbert

What’s next for the longest stock market correction in history?

The bull market, which reached a record high a year ago, seems to have petered out, writes Mark Hulbert.

5 things rich people do with money — that you should be doing

You can learn a lot from how rich people handle their money.

The Tell

Dennis Gartman says short sellers should ‘run for cover’

After Tuesday’s sharp stock-market reversal, investors are asking themselves one thing: Will this rally continue?

Economic Report

These are the states that are suffering while most of the U.S. booms

A measure of economic activity in each of the 50 states shows that the ones most reliant on the energy industry are suffering, while most of the U.S. is seeing solid growth.

Tiki Barber says this was his dumbest financial mistake

The three-time Pro Bowl running back also shares lessons from his biggest money mistake