Finance
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S&P cracks 1,400 for first time since 2008Mar 15, 2012 3:45 pm - NEW YORK — The stock market cleared another barrier Thursday in its long recovery from the Great Recession: The Standard & Poor’s 500 index closed above 1,400 for the fi...
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Fifth Third Bank appoints Korzenik as chief investment strategistMar 14, 2012 9:41 am - PRNewswire Fifth Third Bank Chicago said Jeff Korzenik, director of regional portfolio management for the bank’s Midwest region, has been appointed chief investment stra...
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Summer travel planning in winter? Not so crazyMar 11, 2012 6:00 am - NEW YORK — Hoping to get a good deal on summer travel? Start planning now. The official start to spring is still two weeks away, but airfares for summer are rising fast....
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7 tips for how to save money on gasMar 11, 2012 5:00 am - Spikes in gasoline prices occur so regularly that ways to combat them should be almost second nature to car owners. But the latest surge brings worries of the highest p...
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Americans rebuilding more wealthMar 11, 2012 5:00 am - WASHINGTON — A stock market rally at the end of last year helped Americans rebuild more of the wealth they lost during the recession — a trend that carried over into 201...
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Slow fall off financial cliff for California cityMar 10, 2012 7:38 pm - STOCKTON, Calif. — A red, white and blue sign declaring Stockton an “All-America City” still adorns City Hall, but the building’s crumbling facade tells the real story o...
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FDIC closes Chicago bankMar 09, 2012 5:40 pm - The Federal Deposit Insurance Corp. on Friday closed New City Bank, which had $71.2 million in assets and $72.4 million in deposits as of Dec. 31. The FDIC did not find ...
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Wholesale inventories rose 0.4 percent in JanuaryMar 09, 2012 12:26 pm - WASHINGTON — Wholesale businesses increased their stockpiles in January although sales fell for the first time in eight months. Inventories at the wholesale level increa...
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Bank of America to reduce loans for 200,000 homeownersMar 09, 2012 10:19 am - NEW YORK — Bank of America is providing mortgage relief to about 200,000 homeowners. Homeowners that qualify are those whose home values have fallen below what they owe ...
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Texas tycoon Stanford convicted in $7 billion fraudMar 06, 2012 11:00 am - HOUSTON — Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was convicted Tuesday on all but one of the 14 counts he faced for allegedly ...