Wal-Mart recently announced wage hike for more than half a million of its U.S. workforce, adding $1 billion additional expenses on the company's balance sheet.
After Moody's Investors Service downgrade, Chicago could get into massive fiscal trouble as the risk of termination of four interest rate swap agreements looms large.
SHANGHAI (Reuters) - Hours after China's central bank cut interest rates to battle slowing growth and rising deflationary risk, an official survey showed on Sunday that activity in China's factory sector contracted for a second straight month in February.
There is an obsession in the marketplace over the date when the Fed will once again begin to raise rates. As if another 25 basis points is going to change the economics on tens of trillions of dollars of investments.
ATLANTA, Ga. (WAAY/CNN) - Atlanta's Hartsfield-Jackson International Airport is making changes to security, after a gun-smuggling operation was discovered back in December.