On a freezing, snow-covered Friday in early March, Andy Graiser and Emilio Amendola are standing in the parking lot of a suburban Long Island strip mall, ruminating on the evidence of drastic changes to the retail sector over the last 25 years.
Ahead of the first quarter earnings season, many Wall Street analysts warned that the quarter could be the worst since 2009. And while members of the S&P 500 posted a mixed bag of results thanks to hits from broad (like foreign exchange) and narrow (burrito demand), one positive trend did emerge: strength in the transportation sector.
The Affordable Care Act, which is five years old and in its second year of providing subsidized private coverage on government marketplaces, is making it easier for Americans to pay their medical bills.
The Justice Department has found criminal wrongdoing in General Motors' GM +0.34% actions related to its ignition defects, and is negotiating what is expected to be a record penalty, The New York Times reported Friday.