Finance
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Lampert loses $467 million on Sears stakeMay 24, 2013 7:31 pm - Edward Lampert, the hedge-fund manager who took over as chief executive officer of Sears Holdings Corp. this year, saw the value of his controlling stake fall $467 milli...
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Furlough Friday: Unpaid day off for many in governmentMay 24, 2013 4:40 pm - WASHINGTON — No one answered the tax-help hotline at the IRS on Friday. And you could forget about getting advice on avoiding foreclosures at the 80 Housing and Urban De...
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Durable goods orders rise 3.3 percent in AprilMay 24, 2013 3:53 pm - WASHINGTON — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest e...
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IMF chief named key witness in French payoff caseMay 24, 2013 3:26 pm - Associated Press PARIS — IMF chief Christine Lagarde says a Paris court has named her as a key witness in an investigation into a controversial payoff to an outspoken bu...
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Why worry? Less aid by Fed would point to recoveryMay 23, 2013 4:30 pm - WASHINGTON — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in th...
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Sears reports bigger-than-expected lossMay 23, 2013 4:17 pm - NEW YORK — Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales. The ...
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House backs variable rate student loansMay 23, 2013 3:46 pm - WASHINGTON — Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the fi...
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Jury sides with Trump in civil caseMay 23, 2013 2:42 pm - CHICAGO — An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday — she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklon...
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Wintrust names new president of Wheaton Bank & TrustMay 21, 2013 10:20 am - Rosemont-based Wintrust Financial Corp. announced the appointment of Pam Sharar-Stoppel as president for Wheaton Bank & Trust Company. Based in Wheaton, WBT has five lo...
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Exchange-traded funds entering new phase of growthMay 19, 2013 6:38 am - BOSTON — The headlines about exchange-traded funds suggest there are no limits to the growth of these low-cost, easily traded alternatives to mutual funds. Among the rec...