On Monday pizza franchise Sbarro dipped into Chapter 11 bankruptcy. Following in its footsteps on Friday, sub shop Quiznos announced that it too would sink into bankruptcy as part of a �pre-packaged� deal to cut its debt by more than $400 million, ...
Target's sales have begun recovering since a massive data breach was disclosed, but it expects business to be muted for some time.
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year.
A Senate bill would replace mortgage giants Fannie Mae and Freddie Mac with a new federal agency. * Banks, affordability advocates question measure to dismantle Fannie, Freddie.
In late 2009, Greece revealed that its published debt and deficit figures had been pulled out of thin air. And so was born the euro zone debt crisis.