Gov’t backs 4 more solar loans as deadline looms

The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $5 billion, hours before a controversial loan program was set to […]

Homeowners struggle to qualify for refinance

About 2.3 million homeowners could have refinanced their mortgages last year if they didn’t owe more than their houses were worth or if lending standards […]

9 killed in renewed violence in Yemeni capital

Renewed violence in the Yemeni capital killed at least nine people on Thursday as street battles broke out between forces loyal to the regime and […]

IMF: World economy enters ‘dangerous new phase’

The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result, the international lending […]

Autoworkers, GM make progress on new contract

It looks like the United Auto Workers union and General Motors Co. are nearing an agreement on a new contract.
UAW Vice President Joe Ashton, the […]

Automakers bet consumers still want compact cars

Automakers are gearing up to make more compact cars this year. It’s another bet on a part of the car market that has thrived this […]

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 […]

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 […]

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 […]

TSX plunges 436 points on U.S. recession fears

North American stock markets took a hammering Thursday as investors grew ever more pessimistic about the economy with evidence mounting that a serious slowdown may […]