Dollar General announced Monday morning that its 2011 expansion plan to open 625 new stores will allow it to hire 6,000 workers this year. The discount retailer plans to add stores in markets across its existing 35-state operat…
The new year’s first week will be busy. Due out on Friday is December’s umemployment rate, and the consensus is for it to drop to 9.7%. However, few expect real improvement until well into 2011. Also on tap: weekly and monthly …
Allstate is suing Bank of America and its Countrywide Financial division over Countrywide’s sale of $700 million in mortgage-backed securities to the insurance giant, alleging that Countrywide knew in advance that the assets wo…
Even as the year winds to a close this week, a handful of economic releases are on the schedule. Starting on Monday, the Chicago Fed releases its Midwest Manufacturing Index for November. Then we’ll see consumer confidence, job…
Two recent acquisitions by Canadian banks likely foretell that M&A activity among U.S. banks will only accelerate next year. Smaller banks that survived the financial crisis, but have few growth opportunities, are now attractiv…