Finance
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Fund manager not wildly bullish on 2012Dec 25, 2011 4:00 am - DES MOINES, Iowa — Even in a volatile stock market there are opportunities to be found. But Sam Peters of the Legg Mason Capital Management Value Trust fund calls the l...
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Grabbing bargains for post-Christmas shoppingDec 25, 2011 4:00 am - NEW YORK — It's not too early to think about strategies for finding the best bargains after Dec. 25. Stores have plied shoppers with discounts during the holiday shoppin...
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Death of tax-refund loans spurs search for successor productsDec 25, 2011 4:00 am - WASHINGTON — The tax-refund loan, once a profit source for banks and tax-preparation companies, is vanishing under pressure from federal bank regulators and consumer adv...
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Personal spending rose less than forecast in NovemberDec 22, 2011 11:00 pm - Consumer spending rose less than forecast in November as wages declined for the first time in three months, signaling the biggest part of the U.S. economy may struggle t...
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Bankers, billionaires denounce 'imbecile' attack on 1 percentDec 21, 2011 4:30 am - NEW YORK — Jamie Dimon, the highest-paid CEO among the heads of the six biggest U.S. banks, turned a question at an investors' conference in New York this month into an ...
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Fed proposes reins on banksDec 21, 2011 4:30 am - WASHINGTON — The Federal Reserve unveiled proposed regulations Tuesday aimed at keeping the nation’s largest banks from taking the kinds of risks that triggered the U.S....
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FBI pulls off ‘Perfect Hedge’ to combat insider tradingDec 21, 2011 4:30 am - Bloomberg News NEW YORK — The New York field office of the FBI sits a block west of Foley Square, where Roman and Greek- inspired courthouses with four-story colonnades ...
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Slow restaurant sales a bad omen for retailDec 21, 2011 4:30 am - Bloomberg News NEW YORK — Restaurant stocks are underperforming the U.S. market, a signal that shares of retail companies also may be poised to lag behind. Income growth...
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Madigan hails settlement over Countrywide loansDec 20, 2011 11:00 pm - Illinois Attorney General Lisa Madigan is welcoming a $335 million settlement with Bank of America to resolve allegations of discriminatory loans. Madigan’s office filed...
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Bank of America in $335M settlement over Countrywide loansDec 20, 2011 11:00 pm - Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-A...