All Latest News Wires
- Target data breach much worse, affected 70 million customersTarget聽said a massive payment card data breach during the holiday shopping season affected up to 70 million people, far more than previously estimated.
- Polar vortex price tag: Deep freeze may have cost economy about $5 billionMissed work, some 20,000 canceled flights, and thousands of burst pipes add up to billions of dollars in damage from the polar vortex.
- Super Bowl 2014: What drives the price of Super Bowl tickets?Super Bowl 2014: Take an inside look at the ticket trade for the Super Bowl, the game where demand always beats supply and the teams don't much matter.
- Macy's job cuts: 2,500 (but it's adding online jobs)Macy's job cuts announced Wednesday are part of a reorganization effort that will save the company $100 million annually. Besides the Macy's job cuts, it will close five stores. But Macy's will open eight others and add positions in online shopping.听
- Bluefin tuna prices plunge, despite shortageBluefin tuna prices at Tokyo's famous聽Tsukiji market auction plummeted last week, even though demand for tuna worldwide is increasing. Environmentalists warn that increased consumption is depleting the bluefin tuna supply.听
- Unemployment extension in 2014? Do it, Obama urges.Unemployment extension for first three months of 2014 is proposed in the Senate. President Obama says an extension of unemployment benefits would be 'vital economic lifeline' for many.听聽
- Amazon sales tax hits Tennessee, other statesAmazon sales tax expanded to Tennessee, Indiana and Nevada at the start of 2014. Tennessee had previously avoided collecting Amazon sales tax, under a deal struck with the former governor's administration, but the online retailing giant's brick-and-mortar competitors argued that arrangement wasn't fair.
- Healthcare providers brace for Obamacare administrative stormCoverage took effect Wednesday for the approximately 2 million Americans now enrolled in health insurance plans under the Affordable Care Act. Due to flaws in the website, some providers have expressed concerns that they may face challenges in verifying their patients' new coverage.
- Global retirement crisis: What it means from Tokyo to ParisEven before the Great Recession, workers worldwide faced a looming global retirement crisis. As retirement benefits are slashed and traditional pension plans eliminated, the post-WWII generation will face lower standards of living.
- Target: Hackers stole PIN numbers for debit cards, tooTarget hackers stole encrypted PINs, customer names, credit and debit card numbers, card expiration dates, and the embedded magnetic code from about 40 million credit and debit cards used at Target stores.
- Rhode Island: top unemployment rate 鈥 and cuts in aidUnemployment rate of 9 percent ties Rhode Island with Nevada for highest in the US. Despite the high unemployment rate, 5,000 Rhode Islanders are losing their long-term jobless benefits this weekend and another 8,900 will lose them in June.
- Target hackers: Weak card security made Target a juicy targetTarget: Hackers got access to credit card and debit card information from up to 40 million聽Target聽customers who swiped their cards between Nov. 27 and Dec. 15.听
- Chase debit cards get limits after Target breachChase debit cards potentially affected by Target security problem get temporary limitations. Cash withdrawals limited to $100 a day and purchases to $300 a day for some 2 million Chase debit cards.
- $135 Picasso? How a $1M Picasso original got snapped up for $135$135 Picasso: A million-dollar drawing by Pablo Picasso was raffled off as a fundraiser for the聽Association to Save Tyre, Lebanon. Almost 50,000 raffle tickets were sold for a mere 100 euros (about $135) each.
- Sin-Soo Choo says no to $140M from Yankees, Jacoby Ellsbury says yes to $153MShin-Soo Choo has reportedly rejected a seven-year, $140 million offer from the New York Yankees, shortly after the Yankees signed Jacoby Ellsbury for a seven-year contract worth about $153 million.
- Jobless claims hit highest level since March; stocks fallThe number of Americans applying for unemployment benefits rose to the highest level in nearly nine months, pulling stocks lower one day after the Fed's decision to trim its monthly asset purchases sent the market soaring.听
- Massive Target data breach: Was your credit card hit?Target says about 40 million credit and debit card accounts may have been affected. The breach involves customers who made purchases using their credit or debit cards at Target stores between Nov. 27 and Dec. 15.
- After Fed tapers, stocks hit new recordDow jumps nearly 300 points after Federal Reserve outlines how it will start to reduce its fiscal stimulus in January. S&P also jumps to new record and is now up nearly 27 percent.听
- US home building hits fastest pace in five yearsNew home construction in November hit the highest rate since 2008. The housing recovery is accelerating despite a rise in mortgage rates. Each home built creates an average of three jobs for a year and generates about $90,000 in tax revenue.
- Meat recall: Colorado company expands recall of beef, poultryMeat recall: The USDA Food Safety Inspection Service has shut down the facility after reporting unsanitary conditions including the presence of rodents.