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US Economy Grows 2 Percent

Economic growth in the United States was better than the estimate for the third quarter and it was due to the increase in consumer spending, homebuilding and defense outlays. The gross domestic product, which i...

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...
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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 ...
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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...

Report: Mini iPad to be Unveiled

Apple, Inc. has announced it will have a special event on October 23. The tech giant is expected to unveil its mini version of the hugely popular iPad. The smaller version of the iPad has been dubbed the “mini”...
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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...