Barnes & Noble Suffers Data Breach

On Wednesday, Barnes & Noble announced that it was the victim of data theft through tampered devices that customers used to swipe debit or credit cards in 63 stores. B&N is the largest bookseller in the...
article placeholder

Dow Falls 205 due to Weak Earnings

The market closed on a sour note Friday due to disappointing corporate earnings. The Dow Jones industrial average dropped more than 200 points to reach its worst level in four months. Three companies belonging ...
article placeholder

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...
article placeholder

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...
article placeholder

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...