Business and Finance
Shares of private equity firm Blackstone Group rose 7.5 percent on Thursday, which options analysts attributed to expectation of positive earnings when the firm […]
Filed under: economics by John
Comments Off
In yesterday’s opening statements in the criminal case against two Bear Stearns hedge-fund managers, Brooklyn federal prosecutors followed all the pundits’ advice and did […]
Filed under: economics by John
Comments Off
Homebuyers signed more sales contracts in August than in any month this year, boosted by the looming expiration of a homebuyers’ tax credit, according […]
Filed under: economics by John
Comments Off
After a year-long spending freeze, the CEO of Best Buy says Americans are loosening their purse strings again — but he’s not betting that […]
Filed under: economics by John
Comments Off
The dollar fell to a one-year low against a basket of currencies in volatile trading Friday as safe-haven demand evaporated and investors fret about […]
Filed under: economics by John
Comments Off
The ever-present derivatives threat for big banks eased a bit in the first quarter.
U.S. banks’ exposure to possible derivatives losses dropped by 10% during […]
Filed under: economics by John
Comments Off
Will the federal government force people to buy health insurance?
The answer may be yes, depending on the outcome of the debate in Washington […]
Filed under: economics by John
Comments Off
United Auto Workers’ officials will gather on Tuesday to hear how many more U.S. factory jobs GM will cut as the embattled automaker enters […]
Filed under: economics by John
Comments Off
An emergency loan program designed to shore up struggling-but-viable small businesses will open for applications in mid-June, the Small Business Administration announced Monday.
The news […]
Filed under: economics by John
Comments Off
General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in cutting […]
Filed under: economics by John
Comments Off