Zimbabwe Faces 50 Million Percent Inflation, Uses Gasoline Coupons For Currency
HARARE, Zimbabwe — Reeling from the highest inflation rate in the world, barred by the government from using U.S. dollars for purchases, Zimbabw...
HARARE, Zimbabwe — Reeling from the highest inflation rate in the world, barred by the government from using U.S. dollars for purchases, Zimbabw...
Grant Cardone | Posted 08.02.2008 | Business
What is middle class anyway? Is it an income level and then you are in this club called the Middle Class? And what do you get from this club?
The Los Angeles Times | Richard Fausset, P.J. Huffstutter and Stephen Braun | Posted 07.28.2008 | Business
ATLANTA -- It is better than nothing. That has been the subdued mantra repeated by working Americans in recent weeks as they spend the Bush administr...
Wall Street Journal | Janet Adamy and Anna Prior | Posted 07.19.2008 | Business
Now that Starbucks Corp. has disclosed the 600 locations (see the full, searchable list) it wants to shutter, a phenomenon is taking hold: the Save Ou...
AP, Starbucks, Clusterstock | Posted 07.18.2008 | Business
**UPDATE** The full Starbucks closure list is available here in a searchable web page. *** **UPDATE** Is Starbucks brilliant? Cities and employees ar...
236.com | David Bourgeois | Posted 07.18.2008 | Home
Federal Reserve Chairman Ben Bernanke has testified before Congress for a second day Wednesday, and unshockingly, his economic outlook wasn't any more...
Dave Burdick | Posted 07.17.2008 | Business
"Hey, Canada! You thought that pipeline was worth seven billion dollars? Ha! Yeah, where we're from, that's a $6.98 billion pipeline!" And then I'd smugly shine an apple on my lapel.
AP | MARTIN CRUTSINGER | Posted 07.16.2008 | Business
WASHINGTON — The price of a quart of milk, a plane ticket and a host of other products rose in June at nearly the fastest pace in a generation, ...
236.com | 23/6: The News, But Funnier | Posted 07.15.2008 | Business
With news that the U.S. Treasury is getting the go-ahead to use billions of federal dollars to guarantee the debts held by Freddie Mac and Fannie Mae,...
AP | Posted 07.15.2008 | Business
WASHINGTON — The nation's banking system is "absolutely safe" and Americans' insured deposits in banks protected, the head of the Federal Deposi...
AP | JEANNINE AVERSA | Posted 07.15.2008 | Business
WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing "numerous difficulties" despite the Fed's...
Jennifer Donahue | Posted 07.13.2008 | Home
It's gas food and lodging keeping people up at night. At a recent New Hampshire fair with an diverse economic cross-section of people, I noticed a fe...
DealBook | Posted 07.11.2008 | Business
Jitters about the solvency of Fannie Mae and Freddie Mac, two government-sponsored mortgage financing companies, took a big toll on financial-industry...
Fortune.com | Jon Birger | Posted 07.11.2008 | Business
(Fortune Magazine) -- The best mutual fund manager around - a.k.a. Ken Heebner of Capital Growth Management - looks restless. He is sitting in a confe...
New York Times | Louise Story | Posted 07.08.2008 | Business
The misery in the housing market is registering on the Implode-O-Meter. As millions of homeowners fall behind on their mortgages, a fledging Web site...
AP | GEORGE FREY | Posted 07.08.2008 | Business
FRANKFURT, Germany — Industrial conglomerate Siemens AG said Tuesday it will cut 16,750 jobs, or 4.2 percent of its global work force, to stream...
Reuters | Posted 07.07.2008 | Business
(Reuters) - No. 1 U.S. automaker General Motors is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop pr...
New York Times | Brad Stone | Posted 07.04.2008 | Business
Starbucks wants to get back to its roots to help turn around its ailing fortunes. It brought back the pioneering chief executive Howard Schultz to run...
BNET | Carlos Bergfeld | Posted 07.03.2008 | Business
While layoffs may seem like a good way to cut costs in the short-term, the direct and indirect costs of downsizing can paralyze your company's long-te...
AP | JEANNINE AVERSA | Posted 07.03.2008 | Business
WASHINGTON — The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more t...
AP | TIM PARADIS | Posted 07.02.2008 | Business
NEW YORK — Wall Street resumed its sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Moto...
Bloomberg.com | Josh P. Hamilton | Posted 07.02.2008 | Business
July 2 (Bloomberg) -- It must be a bear market because even billionaire Warren Buffett's Berkshire Hathaway Inc. has slumped almost 20 percent since ...
Huffington Post | Posted 07.02.2008 | Business
President Bush's economic stimulus package, which appears so far to have been ineffective in stroking the economy to life, is giving an unexpected rai...
Robyn Blumner | Posted 07.01.2008 | Politics
We now live in a country where there is no financial margin for most families to fall back on in case someone gets sick or a job is lost: life is far riskier than during the 1970s' economic crisis.
AP | Posted 07.01.2008 | Business
SEATTLE — Starbucks Corp. has announced it's closing 600 underperforming stores in the United States. The Seattle-based premium coffee company ...
In a candid interview via satellite from China, Olympic...
Update: Keith Olbermann had Rachel Maddow on "Countdown" Tuesday night to celebrate...
UPDATE: A day after Roseanne's blogs from below...
"How honest are we if we tell the truth most of the time &...
Obama's been to Hawaii. We're moving...
I've read the comments. I know what some of you think. Yawn. It's not a story. He's not...
LOS ANGELES — Barack Obama is getting praise from Nashville, courtesy of one...
EAST CLEVELAND, Ohio — A Cleveland Clinic official says Democratic U.S....
NEW YORK — The suspense didn't quite compare to the identity of "Deep Throat,"...
USA Today reports that inventors, despite the clashing designs of airplanes...
There are over 6 billion people of people on the...
Last year I praised Rebecca Taylor and...
NAPLES, Fla. — Tropical Storm Fay rolled ashore in southwestern Florida on Tuesday without...
AP | ANGUS SHAW | Posted 08.06.2008 | Business