Passengers stranded after Zoom planes grounded

Hundreds of Zoom Airlines passengers were stranded Thursday in Canada and the UK after the cash-strapped Canadian airline suddenly canceled all of its flights […]

Financial Crisis Is Absent From Agendas of Parties, Candidates

The U.S. is facing the worst financial crisis since the Depression. You would never know that from the Democrats' platform in Denver or its […]

Blue Skies for Beijing Need Marathon Plan That May Slow Economy

Zhang Guoqing says the air quality in Beijing is better since the government clamped down on tailpipes, smokestacks and construction cranes for the Olympics. […]

Five-Year Swap Spread Tops 100 on Risk Aversion: Chart of Day

Interest-rate derivatives are showing that investors are preparing for another round of turmoil in credit markets amid renewed concern that the U.S. will have […]

Retail sales dip in July, import prices up

U.S. retail sales edged down 0.1 percent in July on a big drop at auto dealers, the government said on Wednesday in a report […]

Mortgages get more expensive - again

The good news: Mortgage giant Fannie Mae is taking steps to shore up its finances. The bad news: You’re going to pay for it […]

Gas prices down 21 days in a row

Retail gasoline prices fell more than a penny overnight, extending a downward trend for the 21st straight day, a survey of gas station credit […]

News Corp. beats expectations

News Corp.’s fiscal fourth-quarter earnings jumped 27% on profit from the sale of assets, as well as higher operating earnings in its film, cable […]

$2.2B

Independent oil and gas group Imperial Energy Corp. PLC confirmed Monday that it has received an approach regarding another "possible cash offer" for the […]

Northwest confirms $80 fuel surcharge

Northwest Airlines Corp. confirmed on Thursday that it will add fuel surcharges of up to $80 for many domestic round-trip tickets.
The surcharge will apply […]