Car buyers will likely pay more for new and used cars this year as the economy improves.
Continue reading Car Prices Expected To Go Up If Economy Improves.
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Car buyers will likely pay more for new and used cars this year as the economy improves.
As the U.S. government spends an unprecedented amount of money to fix the economy, there is an equally great need to raise the cash to pay for it. This is accomplished through borrowing, whereby Uncle Sam sells Treasury securities of varying maturity.
Continue reading Who Are the Biggest Holders of U.S. Government Debt?.
The attorney explains why Obama's plan and fair-lending settlements don't address the full problem.
Continue reading Anita Hill Rebukes Obama on Mortgage Plan as a 'Quick Fix'.
They bristled when he called them "fat cats." They fought every step of the way, unsuccessfully, to prevent his financial reform bill from becoming law. And some who supported him in 2008 are now throwing their money at Republican presidential candidate Mitt Romney.
Barnes & Noble is attempting to irk its publishing rival Amazon.com by not stocking Amazon-published titles in its stores.
Social-networking leader Facebook filed paperwork on Wednesday for a $5 billion IPO, paving the way for what will likely be the largest and most-hyped global Internet offering ever.
Continue reading Facebook Files $5 Billion IPO.
What does it mean to be poor?
If it means living at or below the poverty line, then 15 percent of Americans -- some 46 million people -- qualify. But if it means living with a decent income and hardly any savings -- so that one piece of bad luck, one major financial blow, could land you in serious, lasting trouble -- then it's a much larger number. In fact, it's almost half the country.
Continue reading Almost Half Of U.S. Households Live One Crisis From Poverty.
Battered by the strong yen and supply disruptions from Thailand's floods, Honda said Tuesday that its net earnings in the October-December quarter tumbled 41 percent to 47.6 billion yen ($625 million) and projected a sharply lower full-year profit.
Continue reading Honda Sees Sharp Drop In Profit On Thai Floods.
In March 2009, an eternity ago in Silicon Valley, a small team of engineers here was in a big hurry to rethink the future of books. Not the paper-and-ink books that have been around since the days of Gutenberg, the ones that the doomsayers proclaim -- with glee or dread -- will go the way of vinyl records.
Continue reading The Bookstore's Last Stand.
World stock markets fell Monday as uncertainty about a tentative deal to resolve Greece's debt crisis weighed on investor sentiment ahead of a summit of European leaders.
Continue reading World Stocks Fall Ahead of EU Summit.
The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.
Continue reading Iran Says Oil Could Reach $120 to $150 Per Barrel.
On the day the Deepwater Horizon sank, BP officials warned in an internal memo that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a rate of 3.4 million gallons a day, an amount a million gallons higher than what the government later believed spilled daily from the site.
Continue reading BP Emails Reveal Company Veiling Spill Rate .
The nation's economy grew at a 2.8% annual rate the last three months of 2011, falling short of expectations as spending by consumers, businesses and governments came in below economists' projections, the Commerce Department said.
Continue reading Economy Grew by 2.8% in Late 2011 .
The parent company of an electric car battery maker that received a $118 million grant from the Obama administration filed for Chapter 11 bankruptcy protection on Thursday.
Continue reading Parent of Obama-Backed Battery Maker Goes Bankrupt.
J.C. Penney Co Inc (JCP.N) is changing everything from its pricing strategy and store layout to its exclusive merchandise lines as the department store chain seeks to jettison the wide margin-sapping discounts that failed to bring in customers.
Continue reading J.C. Penney Overhauls Pricing, Stores In Major Makeover.
Yahoo Inc Chief Executive Scott Thompson said reviving the company's flagging display advertising business was his "highest priority," even as he crafts a broader plan to bring the struggling Internet company back to fighting form.
Continue reading New Yahoo CEO Says Company Needs to "Do Better".
The U.S. Postal Service needs to slash 260,000 jobs and end weekend delivery if it is to climb out of its "financially insolvent" condition, Rep. Darrell Issa said.
Continue reading Rep. Issa says U.S. Post Office Needs to Cut 260,000 Jobs.
Shares jump nearly 9% in after-hours trading on record sales of $46.33 billion, record profit of $13 billion, record 37 million iPhones, 15.4 million iPads, 5.2 million Macs
Continue reading Apple Reports $1 Billion Week Profit.
Federal job discrimination complaints rose to an all-time high last year, led by an increase in bias charges based on religion and national origin.
Continue reading Job Discrimination Claims Rise to Record Level.
It could be quite a while yet before the Federal Reserve starts raising the interest rates it's kept at record lows for three years.
Continue reading Fed Likely to Hint of No Rate Increase before 2014 .
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