9 hours ago - By Joe Bel Bruno, AP Business Writer
New York Attorney General Andrew Cuomo will intensify his probe into auction-rate securities by focusing on Bank of America Corp., Goldman Sachs Group Inc. and Deutsche Bank AG, a person close to the investigation said Wednesday.
12 hours ago - By Marcy Gordon, AP Business Writer
Thousands of troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail.
13 hours ago - By Jeannine Aversa, AP Economics Writer
Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades.
13 hours ago - By Linda A. Johnson, AP Business Writer
Partial payments for people claiming withdrawn painkiller Vioxx caused heart attacks will go out starting Aug. 28 under the $4.85 billion settlement between drugmaker Merck & Co. and plaintiffs' lawyers, the claims administrator said Wednesday.
16 hours ago - By Jesse J. Holland, AP Labor Writer
The number of workers killed on the job annually dropped to a historic low in 2007, the Bureau of Labor Statistics announced Wednesday.
16 hours ago - By Stephen Bernard, AP Business Writers
Investors are betting that time is running out for Fannie Mae and Freddie Mac.
17 hours ago - By Anick Jesdanun, AP Internet Writer
One of the few remaining Internet-free havens vanished Wednesday as American Airlines launched airborne e-mail, Web and other online services on some of its longer, nonstop flights.
17 hours ago - By Tim Paradis, AP Business Writer
Wall Street scored a moderate gain after a volatile session Wednesday that saw the major indexes ratchet up and down on the seesawing price of oil and mixed feelings about the financial sector.
18 hours ago - By Stephen Bernard, AP Business Writers
Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday.
19 hours ago - By Sarah Skidmore, AP Business Writer
BJ's Wholesale Club Inc. posted a slightly higher second-quarter profit on Wednesday and raised its full-year earnings forecast as frugal shoppers look for deals at discounters.
19 hours ago - By Jane Wardell, AP Business Writer
British oil company BP PLC said that testing will begin Wednesday on the closed Baku-Tbilisi-Ceyhan oil pipeline, which runs through conflict-stricken Georgia, ahead of a move to restart full operations as early as next week.
20 hours ago - By Candice Choi, AP Business Writer
Even if a student plans on a major where the financial rewards aren't so obvious, such as art history or philosophy, most American families don't factor in their child's expected earning power when considering the potential debt load for college.
21 hours ago - By Stephen Bernard, AP Business Writers
As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two companies.
21 hours ago - By Elaine Kurtenbach, Associated Press Writer
Chinese stocks surged Wednesday in their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country's languishing markets.
23 hours ago - By Jane Wardell, AP Business Writer
Britain's competition watchdog said it may force airports operator BAA to sell three of its seven airports around the country — including two in London — following fierce criticism of the company for poor customer service, overcrowding and long delays.
Aug 19 - By Tim Huber, AP Business Writer
Support for climate-change proposals may be growing among investors in big U.S. companies.
Aug 19 - By Yuri Kageyama, AP Business Writer
The soaring cost of steel has Toyota considering raising prices in Japan without a model makeover for the first time in three decades, the Japanese automaker said Wednesday.
Although the major indices were mixed on Friday, US equities posted a small gain for the week.
US equities finished strongly on Thursday with the DJIA gaining 82 points after two days of sharp declines. Even better news is that the market opened lower and finished higher, which is a bullish scenario.
On Tuesday US equities fell yet again, with the DJIA dropping 139 points—mostly in the final hour and a half of trading. The fall was attributed mainly to further weakening in the financial sector that gave up 5.7% overall.
Source: San Jose Mercury News
A sliding share price and gloomy forecasts have prompted speculation that Sun Microsystems might be a tempting takeover target for acquisition by Hewlett-Packard, Fujitsu or another tech giant.
17 hours ago - Seeded by
KRose
Source: MSNBC
President Bush won Colorado in 2000 and 2004, but Democrats hope to swing the state this year. Candidates will have to meet voter concerns about energy and the environment.
13 hours ago - Seeded by
JCAtom
Source: npr.org
Marketing costs? Practically nothing. The business model relies largely on the Internet, hoping that online voting and buzz on sites such as MySpace and Facebook will create demand for specific products.
Source: Clubenetwork.com
After losing his close friend in 9/11, David Sylvester decided to ride his bike 20,000 miles to raise money for charity and do something meaningful with his entrepreneurial talent.
Source: MSNBC
When it comes to saving money on a car, size isn't everything. And neither is the sticker price.
12 hours ago - Seeded by
prompt
Source: MSNBC
Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades.
Source: slicon Valley/San Jose Business Journal
Santa Clara-based Intel (NASDAQ:INTC) and Sunnyvale-based Yahoo (NASDAQ:YHOO) said the channel "will allow consumers to enjoy rich Internet applications designed for the TV while watching their favorite TV programs" and will be powered by the Yahoo Widget Engine, a fifth-generati …
Personal growth comes through a willingness to accept change, to take risks and to create opportunities. On many occasions it is sheer confidence and bravado which bring in the goodies.
12 hours ago - Seeded by
bbest7
Source: brokerforyou.com
real estate bust takes stocks of housing giants down.
Source: bloggernews.net
A lot of people are in dire financial straights because they got sucked into what is now being called the mortgage crisis.
Source: dissidentvoice.org
Thus with inflation now running at close to ten percent, we have entered a period of stagflation potentially worse than the 1970s.
Source: mises.org
For most commentators, a major threat to the US economy is the fact that banks are curtailing their expansion of credit in order to improve their net worth and hence solvency.
Source: MSNBC
Two of Martin Luther King Jr.'s children have been sued by the institution their mother founded - the latest chapter in a family drama that has become increasingly more public in recent years.
Source: The Seattle Times
British oil company BP PLC said that testing will begin Wednesday on the closed Baku-Tbilisi-Ceyhan oil pipeline, which runs through conflict-stricken Georgia, ahead of a move to restart full operations as early as next week.