Exploring The Worst-Case Scenario
The global economy is drawing closer to a dangerous downward spiral and time may be running out for world leaders to find a way to stop it before it i...
The global economy is drawing closer to a dangerous downward spiral and time may be running out for world leaders to find a way to stop it before it i...
The Huffington Post | Nicholas Graham | Posted 11.12.2008 | Business
CLICK HERE FOR HUFFPOST'S HONOR ROLE READ BELOW ABOUT HUFFPOST'S DISHONOR ROLE: Just like HuffPost's honor-roll of those who predicted and even warn...
New York Times | ALEX BERENSON | Posted 11.11.2008 | Business
The four most dangerous words for investors are: This time is different. In 1999, technology companies with no earnings or sales were valued at billi...
McClatchy | David Goldstein and Kevin G. Hall | Posted 11.11.2008 | Business
As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housi...
AP | CHARLES BABINGTON | Posted 11.08.2008 | Politics
INDIANAPOLIS — Democrat Barack Obama's campaign criticized John McCain's mortgage bailout plan Wednesday, saying it would cause the government t...
Silicon Alley Insider | Henry Blodget | Posted 11.07.2008 | Business
Famed hedge-fund manager David Einhorn (Greenlight Capital), the man who shorted Lehman Brothers, has been clobbered along with other Wall Street star...
New York Post | GINGER ADAMS OTIS | Posted 11.05.2008 | Business
New York-based brokers, analysts and finance executives who have been axed by their blue-chip firms are turning to a blade of a different kind - a sc...
Newsweek | Francis Fukuyama | Posted 11.04.2008 | Business
The implosion of America's most storied investment banks. The vanishing of more than a trillion dollars in stock-market wealth in a day. A $700 billio...
New York Times | ADAM NAGOURNEY and JEFF ZELENY | Posted 11.04.2008 | Home
The turmoil on Wall Street and the weakening economy are changing the contours of the presidential campaign map, giving new force to Senator Barack Ob...
AP | CHARLES BABINGTON and ANDREW TAYLOR | Posted 10.31.2008 | Politics
WASHINGTON — In a bold bid to revive President Bush's multibillion-dollar financial rescue plan, Senate leaders scheduled a vote for Wednesday n...
CNBC | Posted 10.31.2008 | Business
When searching for a new job, especially in finance, it's essential to stay informed of current business news and trends, since they're often the topi...
HuffingtonPost.com | Jed Lewison | Posted 10.29.2008 | Politics
Update (11:42PM): Krugman offers lukewarm support for the plan in his new column, but warns that the plan isn't going to fix all our financial problem...
AP | JULIE HIRSCHFELD DAVIS | Posted 10.28.2008 | Business
WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...
AP | CHARLES BABINGTON | Posted 10.28.2008 | Business
WASHINGTON — Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late ...
Washington Post | Blaine Harden | Posted 10.28.2008 | Business
Japan, a nation that rode exports to become the world's second-largest economy, posted a highly unusual trade deficit in August. It was an alarm sig...
LA Times | David Lazarus | Posted 10.28.2008 | Business
You've got to love the banking industry. As our friends in the financial sector were passing the hat among taxpayers last week for $700 billion in ba...
Poynter Online | DAVID CAY JOHNSTON | Posted 10.24.2008 | Media
Journalists, start your skepticism. In covering the proposed $700 billion bailout of Wall Street don't repeat the failed lapdog practices that so dam...
AP | ANNA JO BRATTON | Posted 10.24.2008 | Business
OMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of t...
AP | LARA JAKES JORDAN | Posted 10.24.2008 | Business
WASHINGTON — The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bu...
Washington Post | Blaine Harden | Posted 10.24.2008 | Business
Major Japanese banks, fat with cash and nearly free of toxic investments, are spotting opportunity in the global financial mess and snapping up substa...
Steven Weber | Posted 10.24.2008 | Politics
Like a scenario from a high-tech political thriller with Orwellian overtones, the fleecing of America is occurring right in front of our disbelieving eyes. What to do, what to do?
ABC News | JENNIFER PARKER | Posted 10.23.2008 | Politics
In recent days, John McCain has made a series of verbal gaffes that have undercut his campaign claim that he is the candidate who is ready to safeguar...
The Independent | David Prosser | Posted 10.23.2008 | Business
Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2....
New York Times | This article was reported by David M. Herszenhorn, Stephen Labaton and Mark Landler, and written by Mr. Herszenhorn. | Posted 10.23.2008 | Business
Senate and House Democratic leaders said on Monday that they had reached an agreement on their conditions for approving a $700 billion rescue plan for...
CNBC | Patti Domm | Posted 10.23.2008 | Business
Concern about the price the U.S. could pay to rescue the financial system is crushing the dollar and raises questions about whether the government cou...
CNBC | Posted 11.12.2008 | Business