German parliament passes expanded euro fund

German lawmakers have cleared the way for an expansion of the size and powers of the eurozone bailout fund, in a major step toward tackling […]

Spring buying boosts US home prices for 4th month

Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by the peak buying season. But the housing market […]

Defiant Yemeni leader makes no pledge to step down

Yemen’s defiant president addressed his troubled nation Sunday for the first time since returning to the country after an assassination attempt, making no promise to […]

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 […]

Lennar 3Q profit drops 31 pct, meets Street view

Lennar Corp.’s fiscal third-quarter profit dropped 31 percent as the company delivered fewer homes.
The homebuilder said Monday that demand is picking up somewhat, driven by […]

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 […]

Hiring managers advised not to get atwitter about social networking

A heads up to digital natives unable to resist the urge to expose each and every detail of your lives on a social networking site: […]

Asian stocks mixed ahead of Obama jobs speech

Asian stock markets struggled for direction Thursday as uncertainties about the health of the global economy kept investor enthusiasm in check ahead of President Barack […]

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 […]

Stocks rise after drop in unemployment claims

Stocks are rising in early trading after fewer people applied for unemployment benefits last week and retailers reported strong sales in August.
First-time claims for unemployment […]