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Citigroup Big Winner among US Banks

Citigroup emerged as the big winner among US banks Monday with its shares increasing 5.5 percent to close at $36.66. All indexes increased 1 percent after the US Department of Commerce announced that retail sal...
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Romney Calls for Big Tax Cuts

Republican Mitt Romney wanted big tax cuts since the start of his presidential campaign. But at present, he seemed to have changed his mind and warned middle class families not to get their hopes too high. Duri...
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Fed’s Evans Want More Easing

Federal Reserve Bank of Chicago President Charles Evans said that policy makers must not be passive when it comes to the high unemployment rate in the United States. He fired back at the critics of the Fed’s de...

Sears (SHLD) to Close Over 100 Locations

Apparently, it wasn't such a white Christmas for Sears (SHLD), as they announced last week that they will be closing more than 100 stores across the country in the next year, including Kmart locations due t...