Economy
Retail Sales 3.5% Above Last Year
Online and non-online retail sales increased 3.5% year to year, according to SpendingPulse. This compares to ShopperTrak's statement that foot traffic was down by 21% for retail stores during...
Target Brands, Inc. – Potential Data Breach on Black Friday
KrebsOnSecurity broke the story that Target Brands, Inc. is investigating possible credit and debit card record theft that may have occurred between Black Friday until December 6. Target has...
Big Ticket Items Drive Economy in November
Despite Cyber Monday falling in December, November retail sales rose 0.7% over the previous month. This increase was mainly driven higher by big ticket items. A year-to-year gain of...
Budget Deal Reached
A two-year bipartisan U.S. budget deal has been reached today. Senate Budget Committee Chairman Patty Murray (D) and House Budget Committee Chairman Paul Ryan (R) spoke about the details...
General Motors Co names Mary Barra as new CEO
General Motors Co on Tuesday named Mary Barra the next CEO. She will also join the GM board. Mary Barra is the company's current global product development chief.
Reuters is...
November Jobs Report: Unemployment Down to Seven Percent
The U.S. Bureau of Labor Statistics reported a drop in unemployment from 7.3% to 7.0%. According to BLS:
Total employment as measured by the household survey increased by 818,000 over...