Standard & Poor’s (S&P) followed through on its threat to cut the state of Pennsylvania’s credit rating. The credit rating agency lowered its rating on Pennsylvania’s debt. With this downgrade, Pennsylvania has slid to the bottom five states rated by S&P.
Bed, Bath & Beyond Inc. Earnings Disappoint American retail has met with yet another great disappointment after Bed, Bath & Beyond Inc. (NASDAQ:BBBY) delivered worse-than-expected earnings results and slashed its future guidance.
Cash-strapped Americans have another thing to worry about when it comes to planning for retirement: kids. The latest study by the Center for Retirement Research at Boston College concludes that when preparing for retirement, children serve as a disadvantage.
$517 Billion in Unpaid Principal Balances Raise Delinquency Concerns Hurricane Irma has caused damages to nearly 90% of the properties in Florida and has raised concerns that affected mortgage borrowers may default on their loans if the costs to reclaim their properties outweigh the equity they’ve put down.
Rolling Stone Is Reported to Be Looking for a Buyer Rolling Stone magazine is on the market, with editor and publisher Jann Wenner putting the renowned publication up for sale as it celebrates its 50th anniversary this year.
Small- and medium-sized businesses (SMBs) are the backbone of the U.S. economy, but those businesses are being cobbled by administrative tasks. A new report by Sage Group plc shows that manual processes costs U.S businesses 4.9% of its time, or $335.3 billion in lost productivity each year.
The Retail Giant Is Hiring Less Staff to Help with the Holiday Rush Macy’s Inc (NYSE:M) has brought on new hires to help out with its distribution and warehouses that support its online portal, but the total amount of holiday hires is down compared to 2016.
The cybercriminals that breached Equifax Inc. (NYSE:EFX) and stole the names, social security numbers, birth dates, addresses, and driver’s licence numbers of an estimated 143 million Americans may have also quietly gotten hold of their credit card numbers, too.
Small and medium-sized businesses may be the backbone of the U.S. economy, but they are also prime targets of theft, from their own employees. According to recent statistics, employee theft costs U.S. businesses $50.0 billion every year. Small businesses are most at risk for employee theft, because it often goes undetected.
Federal Trade Commission Warns that Calls from Equifax Are a Scam Following the recent Equifax Inc. privacy breach, the U.S. Federal Trade Commission (FTC) sent out a warning to Americans to stay vigilant as phishing phone calls increase. The FTC, which serves to protect American consumers, tweeted a warning that phone calls—purportedly from Equifax—seeking personal information are (more…)