WASHINGTON—"From now on, just tell me the bullshit I want to hear," one Ohio resident said. "Tell me my savings are safe, everybody has ...
INDIANAPOLIS—Hank Strauss quickly established a natural firing rhythm on Friday afternoon, smoothly easing his employees into unemployment without stumbling once.
Last week, the nation was outraged to learn that members of the division responsible for the calamitous credit default swaps that brought down...
With one in nine housing units in the United States unoccupied, many people are breaking into empty homes and using them for their own...
NEW YORK— "What's happening here?" said a California resident after seeing a group of bankers leaning against a broken-down jalopy, their feet muddied and ...
The home of Angela Suleman, mother to Nadya Suleman and grandmother to her 14 children, went into default earlier this month. What do you...
Thus far, 2009 is shaping up to be a tough year for businesses, with three large companies—telecommunications giant Nortel, chemical...
More than 55,000 Americans lost their jobs Monday, with companies such as Caterpillar, Sprint, and Home Depot each laying off several thousand...
CHICAGO—Economists couldn't decide whether Chicago's Fullerton Avenue branch, where more than half the fluorescent lights are flickering, has been affected.
Following five quarters of declining profit, Bank of America CEO Kenneth Lewis has requested that he and other senior executives receive no bonuses....
SEATTS—Citing fallout from the sub-p mortgage disast, WaMu was forced to file for ChapLev this past Septems. "We tried to negosh our way out...
GEORGE TOWN, CAYMAN ISLANDS—4-tons of Beluga caviar and $250,000 bottles of vintage Dom Pérignon were on hand for America's CEOs to celebrate ...
The National Bureau of Economic Research announced that we are in an economic recession that began in December of last year. What do you...
WASHINGTON—Nearly a month after Barack Obama was elected the 44th president of the United States, the nation's economy is still going strong...
The big three American automobile manufacturers spent much of last week lobbying Congress for a portion of the economic bailout, lest they go...
The Consumer Price Index fell a record 1 percent in October, the steepest one month decline in its history. What do you think?
CINCINNATI—"Having every atom in my body split in another dimension just to make a few extra bucks is hard, but my family has to ...