Obama gives student loans the axe

The $85-billion U.S. college student loan business reeled Thursday from a proposal in President Barack Obama’s 2010 federal budget that would axe the giant […]

Report finds college giving has ‘hit a wall’

U.S. colleges and universities again set a record in donations for 2008’s fiscal year, bringing in $31.6 billion, though observers warn that the economy’s decline […]

Bernanke says recession to linger

Federal Reserve Chairman Ben Bernanke warned on Tuesday the “severe” U.S. recession could drag into next year, but said banks should be able to […]

Japan’s Corporate Service Prices Fall 2.2%, Fourth Monthly Drop

Japan’s corporate service prices fell for a fourth month as commodity costs tumbled and the deepening recession forced companies to cut spending.
The prices […]

Taking a swipe at the debit card competition

Two major international credit card companies are poised to enter Canada’s debit market, a move that could dramatically alter the structure of the payments industry […]

GM and Chrysler could miss deadline

DETROIT – General Motors Corp. and Chrysler LLC, racing to finish restructuring plans to present to the federal government, are unlikely to complete deals with […]

Chrysler, Nissan halt product tie-up

much at stake
Chrysler in a crunch
Chrysler, Nissan halt product tie-up

REUTERS (DETROIT) — Nissan Motor Co and Chrysler LLC said […]

Home price reality check

A new survey out from Zillow suggests we may be coming to grips, at last, with the slump in housing prices. Fifty-seven percent of […]

ProLogis posts Q4 FFO loss

ProLogis PLD.N, one of the world’s largest warehouse owners and developers, reported a loss in fourth-quarter funds from operations (FFO), and said new development […]

Canadians won’t surrender guilty pleasures

In tough economic times, some of the last things we let drop are the extra cable TV channels, the daily pack of cigarettes and the […]