The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year.
Retailer Best Buy is offering a 30 percent discount on its current stock of Apple iPad 3 tablets in the United States, a spokeswoman for the world's largest consumer electronics chain said.
The nation's largest retailer and grocer has cut so many employees that it no longer has enough workers to stock its shelves properly, according to critics, the New York Times reports.
Tax refund fraud is a growing $5 billion a year problem that could get worse before it gets better. Crooks are getting smarter and the IRS needs to work harder to catch thieves.
The North Korean army said it has final approval to launch strikes against the United States, including the use of nuclear weapons. The Global Post reports.
The number of Americans filing new claims for unemployment benefits rose to its highest level in four months, suggesting the labor market recovery lost some steam.
Facebook is unveiling a new Android product Thursday, as a fast-growing number of its 1.06 billion users access it on smartphones and tablet computers.
The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.
Major US bank websites have been offline a total of 249 hours in the past six weeks, a clear sign that American companies are prime targets in global cyber conflict.
Fed Governor Daniel Tarullo told CNBC that whether banks should be split is up to Congress, which should also talk about limits on short-term bank liability.
With the price surging more than 50% in just a few days, even Bitcoin supporters acknowledge that the digital currency is unofficially in bubble territory.
Randy Kroszner, Professor Of Economics at the University of Chicago Booth School of Business, shares his opinion of the employment number. Talk of tapering QE seems to have been premature.