Personal Economics
  • Sluggish Economy Slams Social Security

    By Merrill Goozner, The Fiscal Times

    The sluggish economy is taking its toll on the financing for Social Security, with the old age pension program seeing its resource exhaustion date moved up three years to 2033, according to the...

  • Wal-Mart shares fall 4.7 percent after bribery allegations

    By Reuters

    (Reuters) - Wal-Mart Stores Inc shares fell 4.7 percent in early trading on concerns that an investigation into allegations of bribery at its Mexican affiliate and how those allegations were handled...

  • Wal-Mart shares down after bribery allegations

    By Reuters

    (Reuters) - Wal-Mart Stores Inc shares were down 3.1 percent in early premarket trading on Monday following an article in the New York Times this weekend alleging that the world's largest retailer...

  • Kellogg cuts outlook; shares fall 5.5 percent

    Kellogg cuts outlook; shares fall 5.5 percent

    By Martinne Geller, Reuters

    (Reuters) - Kellogg Co <K.N> cut its full-year outlook after a disappointing first-quarter performance, sending the cereal maker's shares down 5.5 percent and pressuring the packaged food...

  • Wal-Mart shaken by bribery probe, shares plunge

    Wal-Mart shaken by bribery probe, shares plunge

    By Jessica Wohl and Elinor Comlay, Reuters

    CHICAGO/MEXICO CITY (Reuters) - Wal-Mart Stores Inc lost $10 billion of its market value on Monday on concerns that a bribery investigation in Mexico could be very costly and hinder its plans to grow...