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 […]

Losing their lifeline - 7,000 a day

Another day, another 7,000 people run out of unemployment benefits.
One month after the House passed a bill extending unemployment benefits, the issue is still […]

AIG bonuses in the cross hairs

Congress is resurfacing its outrage over AIG’s bonuses after a report detailed the vast scope and scale of the troubled insurer’s executive compensation plan.
Neil […]

Home sales contracts in 7-month rally

Homebuyers signed more sales contracts in August than in any month this year, boosted by the looming expiration of a homebuyers’ tax credit, according […]

Chrysler’s credibility challenge

An auto company high executive who shall remain unnamed chuckled when asked about the competitive prospects of Chrysler:
"What’s their market share, 7%? And what […]

Boomers face lots of pitfalls en route to retirement

Planning for retirement has never been as complicated — or as important — as it is now.
Last year’s financial meltdown was the second […]

Crisis dodged: No shutdown for Philadelphia

Disaster averted.
Philadelphia will not have to impose draconian budget cuts that would have closed its libraries, playgrounds and court system, as well as laid […]

Web new credit card notification rules can’t replace disciplined spending headline

Credit card users with money smarts and discipline can protect themselves better than any legislation can.
Initial provisions of the Credit Card Accountability, Responsibility […]

Millions in German Opel aid bound for Russia, says report

Hundreds of millions of euros in German state aid planned for carmaker Opel is earmarked for operations in Russia, an Opel trustee with reservations […]

Job losses ebb, but unemployment up

Employers trimmed fewer jobs in August than they did the prior month, but the unemployment rate jumped to a 26-year high, the government reported […]