Most Popular Stories
- Some Companies Help Employees Be More Financially Savvy
- Retailers Look to Entice Customers on 'Black Friday'
- Obama to Face Immigration Pressure
- Taking Stock of the Economy via eBay
- Drop and Give Us G20
- HP Positive Earnings Outlook Spurs Shares to Rally
- Paulson: Financial System Stable But Crisis in 'Early Days'
- Moderate Pay Great for Job Performance, Study Suggests
- McCain: I Will Help Obama Fix America
- Wall Street Rides HP's Back to a Late Rally
Bill Clinton's Finances Scrutinized; Post for Hillary Is at StakePresident-elect Barack Obama's advisers have begun reviewing former President Bill Clinton's finances and activities to see whether they would preclude the appointment of his wife, Hillary Rodham Clinton, as secretary of state, Democrats close to the situation said. |
Producer Prices Have Record 2.8% Drop in OctoberU.S. producer prices declined by a record 2.8 percent in October after energy prices slumped, government data on Tuesday showed, but a key measure of core inflation at the farm and factory gate rose by more than forecast. |
Paulson, Summers and Rubin on the US EconomyU.S. Treasury Secretary Henry Paulson said on Monday that solid progress has been made in stabilizing the U.S. financial system but it will take considerable time to restore it to health. At the same conference, former Treasury Secretary Lawrence Summers said he felt the economy will need "speedy, substantial, sustained" stimulus lasting for years in order to fully recover. |
Congress Set to Question Paulson, BernankeThe two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. |
U.S. Provides $33.56 billion to 21 BanksThe Bush Administration said on Monday that it has provided $33.56 billion to 21 U.S. banks under its $250 billion purchase plan. |
Wall Street Slides on Economic Worries, Citi Jobs NewsU.S. stocks fell on Monday on concerns of an accelerating global slowdown after Japan's surprise news it had fallen into recession and Citigroup Inc , the No. 2 U.S. bank, said it would cut 52,000 jobs, far more than had been expected. |
Oil Settles Below $55Crude oil dropped below $55 a barrel on Monday as the news that Japan has entered recession exacerbated the worries about global economic slowdown. |
Auto Bailout Path is UnclearDemocrats may have been the big victors on Election Day. But the Republicans are still in charge in the White House and representing a possibly immovable minority in the Senate may keep the U.S. auto industry from getting the help it needs before Barack Obama is inaugurated as President in January. |
900 Homes Burned in Southern California FiresAs many as 900 homes may have been burned and 30,000 people have been evacuated as a result of three wildfires in Southern California. |
Thousands Flee California WildfiresFirefighters picked through the devastation wrought by wildfires in two counties on Sunday while struggling to contain another monstrous fire that had erupted suddenly in Orange County the day before. The flames destroyed hundreds of homes and forced more than 10,000 people along the Southern California coast to evacuate. |
Stocks, Oil Fall as G20 Yields No SpecificsWorld stocks kicked off the week on a softer note on Monday while oil fell below $56 a barrel after a weekend summit of G20 world leaders in Washington failed to produce concrete measures to avert a global recession. |