Financial markets went into a tailspin Thursday after Argentina defaulted on its debt, raising fears among skittish investors already fretting over weak corporate earnings growth, rising interest rates and an aging bull market.
Newly appointed Target CEO Brian Cornell has a strong reputation and proven track record of success. He comes to the troubled retailer with experience in both retail and consumer products, most recently serving as CEO of PepsiCo Americas Foods.
NEW YORK (MarketWatch) - U.S. stocks are tumbling on this last day of July, putting the S&P 500 and Dow industrials on pace for their first down month since January.
While WrestleMania 30 was about four months ago, there has been a growing concern lately among the talent backstage as they did not receive their paychecks for the event.
Applications for U.S. unemployment benefits rose last week, but they remain close to pre-recession averages. The Labor Department said Thursday that applications for jobless aid increased 23,000 to a seasonally adjusted 302,000.