The Federal Reserve, on Friday, issued a requirement demanding that American banks hold enough long term debt so bank failure chaos will be avoided in the future.
Antitrust lawmakers question Walgreens-Rite Aid deal
The drug store chains’ merger is under scrutiny from key U.S. Senators.
NY Business Fined $700,000 For Making $10 Million in Used Clothing Scam
A Yonkers, New York, company, Thrift Land USA, was fined $700,000 on Thursday for claiming the used clothes in their clothing donation bins were going to charity and to those who needed the clothing. Instead, New York prosecutors said, they took the clothes and sold them around the world and made at least $10 million before […]
GDP Plunges for Third Quarter; Growth Fueled by Consumers, Not Businesses
The economy grew at an extremely anemic 1.5% the Commerce Department reported on Thursday. Any growth and recovery is currently being fueled by citizens as businesses continue to sit back and evaluate.
Seven years after the financial crisis, are more scandals looming?
Retirees could be at risk from the unregulated market in credit default swaps.
Walgreens Agrees to Purchase Rite-Aid Pharmacies for $17.2 Billion
The pharmacy industry continues to consolidate and just got smaller as Walgreen’s buys out Rite-Aid for a record amount.
Outdoor retailer tells employees to have fun outdoors this Black Friday
REI employees will have a paid day off on the Friday after Thanksgiving.
Durable Goods Sales Down as Businesses Slow to Shed Inventories
Durable goods sales fell dramatically in September leading many to think the global economic slowdown has finally reached America.
New Home Sales the Lowest They Have Been in a Year as Volatility Continues
New home sales plunged in September and are the lowest in a year. Experts agree that this is just a hiccup as the future for housing, they say, continues to look strong.
Krispy Kreme stocks plummet but CEO assures new success
Fairly new Krispy Kreme CEO has announced a new direction for the company after their shares dropped another 12 percent on Thursday
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