Finance
-
Job losses persist for sixth month in a row
Jul 03, 2008 11:00 pm - WASHINGTON - Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate...
-
Paulson: Banking regulations need fix
Jul 02, 2008 11:00 pm - LONDON - The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury ...
-
IRS has a heart: Mileage writeoff raised
Jun 22, 2008 11:00 pm - WASHINGTON -- The Internal Revenue Service, citing the drain that high gas prices are having on people's finances, said Monday it is raising the automobile mileage rate ...
-
Fixed income an essential part of retirement portfolioJun 18, 2008 11:00 pm - Q. I have around $1.2 million, mostly in equities. My house is paid for. There will be around $300,000 in company profit-sharing when I retire, and that has been my ace ...
-
Morgan Stanley 2Q profit beats estimates
Jun 17, 2008 11:00 pm - NEW YORK -- Morgan Stanley says trading and the sale of some of its holdings helped lift the investment bank's profit above Wall Street projections for the second quarte...
-
Fed leases more space as people write fewer checksJun 16, 2008 11:00 pm - HELENA, Mont. -- The shift to fewer paper checks and greater electronic movement of money in the United States has left the Federal Reserve with some empty office space....
-
Goldman Sachs 2Q beats Wall Street expectationsJun 16, 2008 11:00 pm - NEW YORK -- Goldman Sachs, the world's largest investment bank, says strong asset management and equity underwriting pushed second-quarter profit above Wall Street expec...
-
Rates on 30-year mortgages jump
Jun 11, 2008 11:00 pm - WASHINGTON -- Rates on 30-year mortgages jumped to the highest level in nearly eight months, reflecting increased concerns about what the Federal Reserve might do to bat...
-
FHA chief warns against broad housing intervention
Jun 08, 2008 11:00 pm - WASHINGTON -- A Bush administration official on Monday warned against overly broad government intervention to stem the housing crisis, arguing that lawmakers' foreclosur...
-
Investing in hot area can mean saying 'sell'
Jun 05, 2008 11:00 pm - NEW YORK - With higher prices at the pump unavoidable, many investors would no doubt love to put some of the money lost to $4 gas back in their pockets. But harnessing t...