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Entries Tagged as 'Business'

Citigroup Collapse, U.S. Banks in The Pressure

June 10th, 2011 · No Comments · Business

Citigroup Collapse, U.S. Banks in The Pressure

The majority of banks in the United States (U.S.) are in a great pressure to improve data security and customer accounts. Regulators urge banks to increase supervision after Citigroup Inc. on Wednesday (08/06/2011) local time to confirm as many as 200,000 customers’ accounts in North America burglarized hackers.
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Bernanke Talk, U.S. Stocks Slumped

June 8th, 2011 · No Comments · Business

Bernanke Talk, U.S. Stocks Slumped

U.S. stock markets ended in the red zone despite driving in a green zone in trading Tuesday (06/07/2011) local time after Federal Reserve Chairman Ben Bernanke confirmed a grim picture of economic growth is only 15 minutes before the closing bell.

A day ride turned into a session of the fifth decline in a row after Bernanke said the weak housing sector was holding back recovery and job creation is in a slump that “far from normal”.
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