US stock futures fall to start short holiday week

U.S. stock futures fell sharply Tuesday ahead of the first day of trading in a holiday-shortened week.
The losses came in the wake of steep declines […]

How a good bank lost its bearings

BUFFALO, N.Y.
Buffalo’s venerable M&T Bank Corp., one of America’s 20 largest commercial lenders, tells the story of the troubled global banking industry in a nutshell.
Bob […]

St. Louis Fed schedules public “dialogues”

The Federal Reserve Bank of St. Louis will open its very-secure doors to the public for three “dialogues with the Fed” this summer and fall.
On […]

Australia’s Fairfax Media posts $408 million loss

Fairfax Media Ltd., publisher of hundreds of newspapers in Australia and New Zealand, Friday reported a $408 million annual loss after writing down the value […]

Markets fluctuate amid recession fears

North American markets were mostly negative at midday Friday as investors appeared ambivalent about whether the U.S. and global economies are headed for another recession […]

Target Q2 profit beats estimates

CHICAGO

Court upholds conviction in Enron-related case

A federal appeals court panel on Friday upheld a former Merrill Lynch executive’s conviction on perjury and obstruction charges that stemmed from a bogus 1999 […]

ECB pledge gets Spain, Italy rates down

The borrowing costs of both Spain and Italy dropped sharply in early trading Monday after the European Central Bank signaled it would intervene in the […]

Britain’s RBS reports loss after Greek writedown

Royal Bank of Scotland Group PLC swung to a second-quarter loss Friday as it wrote down the value of its Greek bond holdings by a […]

Ultraconservative Muslims dominate Egypt protest

Tens of thousands of ultraconservative Muslims in long beards, robes and prayer caps thronged Cairo’s central Tahrir Square in a massive show of force Friday, […]