Markets close lower after Citigroup deal

Stock markets closed lower this afternoon as nationalization concerns about U.S. banks grew in the wake of a deal that sees the U.S. government take […]

Consumers short on cash give bartering a try

BOISE, Idaho — Tired of her pink bathroom countertops but short on cash for a remodel, Rachel Alemany decided to get the work done […]

AIG may abandon asset sales plan: report

American International Group Inc may scrap a plan to repay a $60 billion U.S. government loan by selling businesses, after failing to find enough […]

Stanford had links to fund run by Bidens: report

A fund of hedge funds run by two members of U.S. Vice President Joe Biden’s family was marketed exclusively by firms controlled by Texas […]

U.S. Economy: Consumer Prices Rise for First Time in Six Months

The cost of living in the U.S. rose in January for the first time in six months after gasoline prices stabilized and loss-ridden retailers […]

Potential buyers seek only Citi’s good parts: report

Citigroup’s quest to raise cash by selling assets is falling flat as would-be suitors have more interest in the parts of the business that […]

Japan’s GDP Shrinks 12.7%, Most Since 1974 Oil Shock

Japan’s economy shrank at an annual 12.7 percent pace last quarter, the most since the 1974 oil shock, as recessions in the U.S. and […]

Lone Star, Goldman bid for failed Japan REIT: sources

Lone Star LS.UL, the Development Bank of Japan DBKJP.UL and Goldman Sachs Group Inc are among the final bidders for failed Japanese real estate […]

Bank bailout postponed until Tuesday

The "massive overhaul" of the banking bailout will be announced a day later than expected.
Treasury Secretary Timothy Geithner was originally scheduled to give full […]

Chesley named to UC board

Cincinnati attorney Stanley Chesley has been appointed to the University of Cincinnati board of trustees for a nine-year term by Gov. Ted Strickland, the university […]