The sector continues to confound the billionaire investor and partner Charlie Munger. They have bemoaned their bad luck for years.
One market strategist thinks the shopping malaise could contribute to a 'shallow US recession' early next year. Others disagree.
There were enough negatives last quarter to shake hopes that Americans would resume shopping after the long, tough winter.
The company is shrinking its massive stores and selling more gas and booze. It's also revving up its online operations.
The custom of eating 3 meals a day has given way to 6 or more small snacks. 'We're in changing times,' General Mills' CEO says.
The entry-level iPhone 5c will cost $29, according to reports. The next version of the phone is expected in September.
Sales are lagging as shoppers develop a taste for home cooking and fresher items at the grocery store.
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But the fact that the guilty bankers are still free and not even on the run is the real outrage here, a travesty that should never be forgotten.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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