Payment card data was stolen from an unknown number of Target Corp customers starting on the busy Black Friday weekend in a major breach at the U.S.
All three major stock indexes fell for the week despite strong reports on jobs, housing, and retail spending. Investors have been worried that the stronger the Fed thinks the economy is, the more likely it is to stop buying bonds.
The Federal Reserve's decision Wednesday to begin reducing its signature bond-buying program removes one big item on Janet Yellen's to-do list when she likely takes the reins in February, but she is still inheriting a job with numerous challenges.
Groundbreaking on new homes was 26.9% higher in November than one year earlier, and 22.7% higher than in October, the Commerce Department said on Wednesday, indicating that the housing market continues to recover.
One of the oldest names in the Hollywood talent business reached a deal that will combine it with one of the premier companies representing sports stars and fashion models, the latest consequence of a rapid shift in the economics of Hollywood.