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Consumer prices flat in September

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Consumer prices were flat in September as retreating costs for gasoline, clothes and new cars helped to offset rising prices for fo...

Switzerland To Bail Out UBS

New York Times | Nelson D. Schwartz | Posted 05.25.2011 | Business

PARIS -- Switzerland, a banking redoubt considered until recently to be literally and figuratively above the global financial tumult, succumbed Thursd...

Stocks shoot higher as volatility continues

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street turned in another stunning finish Thursday and extended its unprecedented streak of volatility _ this time, to the upside...

Stocks plunge anew as data points to recession

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a stream of disheartening ...

Retail Sales Slip In Sign Of Economic Downshift

New York Times | Michael M. Grynbaum | Posted 05.25.2011 | Business

Retail sales fell sharply in September as consumers shunned department stores, auto showrooms and shopping malls, ratcheting back spending for a third...

Bush: Federal intervention in banks is `temporary'

AP | BEN FELLER | Posted 05.25.2011 | Business

ADA, Mich. — President Bush said Wednesday he's against government taking part ownership in private businesses, but that it's necessary this tim...

JPMorgan Chase Profits Sink On Loan Losses

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — JPMorgan Chase & Co.'s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, lever...

Asian markets tumble; Nikkei falls 10 percent

AP | JEREMIAH MARQUEZ | Posted 05.25.2011 | Business

HONG KONG — Asian stocks plummeted Thursday, with Tokyo's market plunging more than 10 percent, after another dive on Wall Street as worse-than-...

The Offer They Couldn't Refuse: When Paulson Met With Big Bankers

New York Times | Mark Landler and Eric Dash | Posted 05.25.2011 | Business

WASHINGTON -- The chief executives of the nine largest banks in the United States trooped into a gilded conference room at the Treasury Department at ...

Paulson: Investing In Banks Will Give Taxpayers "Maximum Bang"

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

The economy lurched deeper into the doldrums Wednesday and took the stock market down with it, sending the Dow Jones industrials to a staggering 733-p...

Amid Fears, Retailers Shifting Strategies

USA Today | Jaybe O'Donnell | Posted 05.25.2011 | Business

It's beginning to look a lot like Christmas at some of the nation's stores, as retailers struggle to find ways to make shoppers forget about their bat...

Will Banks Really Have To Curb CEO Pay?

DealBook | Cyrus Sanati | Posted 05.25.2011 | Business

The government's rules specify that participating banks must claw back payments to senior executives if those payments were "based on statements of ea...

Government Investing In Banks Bold, But Not Totally New

New York Times | Steve Lohr | Posted 05.25.2011 | Business

The high-stakes program is intended to halt the worst financial crisis since the 1930s. If successful, it could long be studied by historians as a tex...

Top 10: Reasons You Know It's A Bear Market

WeSeed.com | Posted 05.25.2011 | Business

WeSeed.com, a site aimed at educating new investors about the stock market just released a chuckle-worthy top 10 list: Top 10 Signs We're in a Bear M...

Grocery Stores Teaching How To Feed A Family On A Shoestring

New York Times | Stephanie Rosenbloom and Andrew Martin | Posted 05.25.2011 | Business

Home economics, that lost art in which generations of students learned to keep a household going on a tight budget, is making a comeback. Only this ti...

Bank Of New York Will Oversee Bailout Fund

New York Times | Eric Dash | Posted 05.25.2011 | Business

The Bank of New York was named the master custodian firm overseeing the Treasury Department's bailout fund, the agency announced Tuesday. The master...

Stocks pull back as profit-taking sets in

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street ended a relatively calm session with a moderate loss Tuesday as investors, while happy with the government's plans to spe...

Bulls, Bears, Donkeys and Elephants: Investing Under Blue And Red Presidents

New York Times | Tommy McCall | Posted 05.25.2011 | Business

Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. So which party has been better for American pocketbooks...

10 Ways to Go Green and Save Cash -- No Excuses

Maura Judkis | Posted 05.25.2011 | Green
Maura Judkis

Right now, consumers across the country are looking for ways to cut back. Luckily, some of the best ways to save money are also simple steps toward living a little greener.

Manic Monday: Dow roars back from worst week ever

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday...

Are Cheap Stocks Bargains Or Traps?

Los Angeles Times | Tom Petruno | Posted 05.25.2011 | Business

When the stock market goes on sale, smart investors are supposed to seize the opportunity. But Wall Street's decline of the last three weeks has been...

How to Save the Global Financial System

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

This crisis is not about the failure of capitalism, globalisation or free enterprise. It is about the fact that there are two economies: the financial economy and the "real" economy.

Bad Rap for Lawyers Representing Victims of California Train Crash

Edward Lozzi | Posted 05.25.2011 | Business
Edward Lozzi

I'm tired of lawyers getting a bad rap every time there is a disaster with death and destruction. The Town Hall lawyers addressing the train crash victims need to be congratulated.

Lehman Assets Nearly Worthless, Dangerous Implications For Economy

Clusterstock | John Carney | Posted 05.25.2011 | Business

So the final results from the Lehman Brothers CDS auction are in, and they're even uglier than expected. Finally price is 8.625 cents on the dollar. ...

Breaking The Fever: Could This Crisis Also Be The Cure?

The Washington Independent | Satyajit Das | Posted 05.25.2011 | Business

The first phase of this cure is reduction of debt throughout the financial system. So far, overall losses to financial institutions are $400 billion t...