Philadelphia Federal Reserve Bank President Charles Plosser, one of the sharpest internal critics of the central bank's loose monetary policy, will retire next year, in a departure that could ease pressure to raise interest rates more quickly.
The Obama administration's tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves.
A computer monitor sits near a display of appliances at a Home Depot Inc. store in Peoria, Illinois, U.S. The retailer released an estimate for affected cards last week, saying hackers' software may have infected its systems from April to this month.
Investors had to wait more than a decade for a bank offering the size of Citizens Financial Group Inc.'s $3 billion initial stock sale.
Soda makers Coca Cola, PepsiCo, and the Dr Pepper Snapple Group have pledged to cut the calories consumed from their sugary drink offerings by 20 percent over the next decade.