- Men’s Wearhouse Chaos: It’s Time to Halt the Stock Breakout
After firing founder and chairman George Zimmer, Men's Wearhouse is chaos and Breakout's Jeff Macke says it's time to halt trading of their stock.
- Wall Street Ends Sharply Lower After Bernanke Comments; Dow Drops 200 Reuters
Stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could occur this year if the economy continues to improve.
- Related: Equities Sink After Bernanke Speaks
- Microsoft Changes Xbox One Policies After Outcry Associated Press
Microsoft rolled back a much-criticized requirement that its upcoming Xbox One gaming console be regularly connected to the Internet and made clear that there will be no limitations on sharing games.
It may not happen today or even this year, but at some point the Fed is going to either reduce its quantitative easing program or stop it entirely.