White House fights back on Cash for Clunkers
The Obama administration on Thursday lashed out at a prominent critic of its Cash for Clunkers program, arguing that the popular trade-in initiative helped give the auto industry and the economy a much...
View ArticleStocks take a big slide
Stocks tumbled Friday, more than erasing the previous session's gains, as investors dumped a variety of shares at the end of a rough week and choppy month on Wall Street.
View Article9 banks in major holding company fail
Nine subsidiaries of FBOP Corp., a multistate holding company that included California National Bank of Los Angeles, succumbed Friday to the nationwide banking crisis, bringing to 115 the number of...
View ArticleJobs will return -- in 2012
The economy is growing again. So when are the jobs that go with growth going to get here?
View ArticleCIT files for 5th largest U.S. bankruptcy
CIT Group Inc., one of the nation's leading funders of small and medium-sized businesses, filed for the fifth largest bankruptcy by assets in U.S. history Sunday as part of a reorganization plan that...
View ArticleBuffett bank favorite gets bigger
U.S. Bancorp is probably the biggest bank you've never heard of. But there are two reasons why you might want to start paying attention to it.
View ArticleNuclear renaissance -- not dead yet
Whatever happened to all those new nuclear power plants the country was supposed to build?
View ArticleU.S. dumps China for Mexico
Mexico did not have an extreme economic makeover, but the global recession was enough to defeat China as the number one place for American assembly-for-export factories, or maquiladoras.
View ArticleStocks give up gains after Fed
Stocks ended mixed Wednesday, giving up bigger gains after the Federal Reserve kept interest rates unchanged and said it will keep them low for an extended period.
View ArticleUnemployment claims slide
The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday, with a total figure that was below analysts' expectations.
View ArticleDow reclaims 10,000
Stocks rallied Thursday, with the Dow industrials topping 10,000, after the government reported a bigger-than-expected drop in jobless claims, and a number of retailers reported improved October sales.
View ArticleBerkshire Hathaway for $68? Sweet!
I don't know about you, but I don't have a spare $101,900 stuffed under my couch cushions to buy an "A" share of Warren Buffett's Berkshire Hathaway. I probably could scrounge together $3,395 for one...
View ArticleGreat job openings, no candidates
Despite millions of unemployed job seekers desperate for work, many open positions are languishing unfilled. The reason? Not enough candidates.
View ArticleThe decade of Steve
How's this for a gripping corporate story line: Youthful founder gets booted from his company in the 1980s, returns in the 1990s, and in the following decade survives two brushes with death, one...
View ArticleStocks: Buyers 'swooping back in'
So was that it? Is the so-called market correction over?
View ArticleThe silence of the bears
It's hard out there for a bear. The government practically gift-wrapped a perfect scenario for a market bloodbath Friday, but for some reason traders didn't bite.
View ArticleFiscal cliff: What you need to know
On Tuesday, House Speaker John Boehner all but promised an ugly fight over the debt ceiling this year unless GOP demands for spending cuts are met.
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