· By Peter Gumbel
The $270 billion industry thought it was recession-proof. But its growth is slowing, and anxiety is higher than a pair of Jimmy Choo pumps. more

· By John Brodie
J.Crew's CEO says that this is the worst retail environment he's seen in 40 years in the business. His strategy? Take J.Crew upscale and launch a new brand called Madewell. more

Fortune's second annual Luxury Portfolio features the moguls, merchants and master craftsmen who are defining the business of luxury. more

· By Geoff Colvin
Our easy access to plastic is about to dry up - and with it our ability to fake living the good life. more

By Colin Barr
After years of go-go growth, firms like Lehman Brothers want to shrink to safety. Can they do it before the next storm? more
The microblogging service needs to figure out how to make its popularity pay. more
-
Markets
There's good news on oil, stocks and the dollar. So why is the bond market freaking out again? more -
technology
The latest microchips have gotten so complicated that companies from Microsoft to Apple to Intel say software writers can't keep up. The result could hurt computer sales. more -
video
Fortune's managing editor talks about the special luxury issue - J. Crew's CEO, Prada's future and a hedge-fund superstar. more
-
Investing
Railroads are benefiting from the global commodities boom - and the fact that trains are more fuel-efficient than trucks. more -
alternative energy
A 909-megawatt wind deal is just the latest move by California utilities to tap Oregon's renewable energy boom. more -
global economy
How Zimbabwe's ruler ruined an entire economy - and why it will finally bring him down. more

By Michal Lev-Ram
As mobile applications turn cell phones into pocket PCs, Apple, Research in Motion and Google are battling for the allegiance of developers. more
By Jon Fortt
Dell courts Gen Y'ers - and bets on a turnaround - with a redesign of its flagship Latitude laptops. "Business pink," anyone? more
By Todd Woody
Geothermal power, not offshore oil, is the great untapped energy bonanza, according to the search giant. more
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- This time, wage slaves can't revolt more
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| Company | Price | % Change |
|---|---|---|
| Freddie Mac | 3.35 | -19.66% |
| Officemax Inc Del | 12.02 | -12.39% |
| BJ's Wholesale Club, Inc. | 37.96 | -6.69% |
| Hewlett-Packard Co. | 45.95 | 5.17% |
Aug 20 12:56pm ET †
| Index | Last | % Change |
|---|---|---|
| Dow Jones | 11,367.84 | 0.17% |
| Nasdaq | 2,383.66 | -0.03% |
| S&P 500 | 1,267.40 | 0.06% |
| 10yr | 101 20/32 | Yield: 3.80% |
Aug 20 1:06pm ET †
| Company | Price | % Change |
|---|---|---|
| Analog Devices, Inc | 30.07 | -6.44% |
| Dish Network Corp | 28.44 | -5.23% |
| Hewlett-Packard Co. | 45.97 | 5.22% |
| Nvidia Corp | 13.95 | 3.95% |
Aug 20 1:03pm ET †





