Dollar Drop Reflects ‘Real Cause for Concern,’ Holtz-Eakin Says

The dollar’s slump reflects concern among investors about the “dismal” state of the U.S.’s public finances, said Douglas Holtz-Eakin, a former director of the […]

Program allows partial unemployment benefit

Missouri wants more employers to take advantage of an existing state program that allows workers whose hours have been cut to draw partial unemployment […]

World’s biggest brewer’s big challenges

Inside a Dierbergs store in Wildwood, Pete Kraemer was walking the beer aisle, spending part of the morning checking out details like the stiffness […]

GMAC CEO resigns, Carpenter steps in

GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said on Monday.
Carpenter, 62, is a […]

Citi rejects Terra Firma’s latest bid to save EMI: report

Citigroup Inc recently rejected a proposal from Guy Hands’ private equity firm Terra Firma Capital Partners to restructure the debt of music group EMI […]

China’s record debt has economists worried

In a world still awash in economic worry, China has stood apart as the one country that has come through the global slump with […]

EU sets Dec 14 deadline for Kraft’s Cadbury bid review

The European Commission has set a one-month deadline to review Kraft Foods Inc’s $16 billion hostile bid for British chocolate maker Cadbury after the […]

U.S. planned layoffs fall for third month in Oct

Planned layoffs at U.S. firms fell for a third straight month in October to a 19-month low, feeding hopes the labor market will continue […]

Blackstone shares have pre-earnings rally

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 […]

House to take on ‘too big to fail’

One year after risky practices by the nation’s biggest banks almost brought down the economy, many of those institutions are even bigger — and […]