First comes love, then comes marriage, then comes... the credit card bill
Long before you start discussing the invitation list, bridesmaid dress colors and possible honeymoon destinations, you and your spouse-to-be should have a heart-to-heart talk about something much more mundane -- the wedding budget.
Visa, MasterCard settlement won't change swipe fee structure for retailers
Visa, MasterCard, and a coalition of member banks signed a memorandum of understanding to end a seven year legal battle over credit card processing fees.
Macy's Tops Views With 16% Jump in 2Q Net
Powered by a healthy bump in same-store sales, Macy’s logged a stronger-than-expected 16% rise in second-quarter profits and unveiled a more bullish outlook for the full year.
Stock Futures Drift Lower; Traders Take a Breather
After climbing for three straight days to the highest level since May, stock-index futures signaled a pause for Wall Street as traders took profits and digested corporate and economic news.
Productivity Increases 1.6% in 2Q; 2011 Revised Upward
Productivity increased more than expected in the second quarter as companies expanded output but only modestly increased the hours worked by their employees.
Stocks Cross Key Milestones
Stronger corporate earnings reports and expectations that central banks will act to support the economy powered the Standard & Poor's 500 past 1400 and the Nasdaq Composite above 3000 for the first time in three months.
Tata Power 1Q Profit Drops 66% on Lower Coal Margins
Tata Power Co. (500400.BY), India's largest private power producer by capacity, Wednesday reported a sharper-than-expected 66% fall in its quarterly consolidated net profit, hurt by lower margins on coal sales and higher interest and depreciation costs.
Second-quarter U.S. Productivity Rises 1.6%
U.S. productivity rose at a modest 1.6% clip in the second quarter, the government reported Wednesday, as output of goods and services rose much faster than the amount of time employees worked.
Macy's Grows Profit, Shares Up 3.8%
Macy's Inc. said Wednesday its second-quarter profit increased to $279 million, or 67 cents a share, from $241 million, or 55 cents a share, in the year-ago period.
Orbitz Posts $4.6M Net Income, Cuts Full-Year Growth Forecast
The online travel agency reported a lower second quarter profit and cut its full-year growth forecast.