Sears Holdings Corp. (SHLD:US) plans to spin off its Lands' End Inc. clothing and accessories unit as Edward Lampert, the retailer's chairman, CEO and largest investor, unloads assets amid a six-year sales slump.
Investors are examining the data to determine when the Federal Reserve will scale back, or taper, its $85 billion per month stimulus program.
WASHINGTON - US consumer spending up 0.3 percent in October but wages and salaries post weak gain. Copyright 2013 The Associated Press.
IN BITCOIN, FRAUD IS QUICKER THAN THE LAW | Pump-and-dump schemes are shut down in the financial markets all the time. But such frauds involving digital money like Bitcoin have gone unchecked, Nathaniel Popper reports in DealBook.
CalPERS' governing board aims to increase its collective understanding of everything from financial statements to financial markets with a new set of �core competencies.