Bloomberg Montblanc, the penmaker that began making Swiss watches two decades ago, is shoring up its credentials as it expands with sports models near the price range where Rolex Group and Breitling AG timepieces start. The brand, owned by Geneva-based luxury-goods maker Richemont, is introducing a line of Timewalker sports watches with a mountain-climbing theme this year after entering the …

Bloomberg The final numbers are in, and the past holiday season was indeed one of the best since the last recession—even if everyone didn’t partake in the good fortune. Sales rose 5.5 percent to $691.9 billion during November and December, the National Retail Federation said. The results exclude spending on cars, gas and restaurants. E-commerce and other sales that occur …

Bloomberg The New Year’s rally has pushed the S&P 500 Index to its best start since the administration of George W. Bush. Now it’s bumping against speed barriers that marked the upper limits of bull markets for decades. Up eight times in the first nine days of 2018, the S&P 500 has broken away from a trend line, its 200-day …