At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- U.S. retailers kicked off the holiday shopping season with a record start -- pulling in $52.4 billion, up 16% from a year ago. That's welcome news for investors.
- What retailers can expect from today's Cyber Monday action.
has set aside $4 billion to cover part of the breakup fee it will owe T-Mobile if its attempted merger with the mobile company falls through. (NYSE: T)
Fool contributor Tamara Rutter owns shares of Apple. Connect with her on Twitter, where she goes by the handle @TamaraRutter. The Motley Fool owns shares of IBM, Apple, Wal-Mart, and Best Buy. Motley Fool newsletter services have recommended buying shares of Amazon.com, Apple, and Wal-Mart, creating a bull call spread position in Apple, writing covered calls in Best Buy, and creating a diagonal call position in Wal-Mart. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insightsmakes us better investors. The Motley Fool has a disclosure policy.