Recession possible, Carney concedes

OTTAWA – The Bank of Canada conceded for the first time that the Canadian economy could be headed for a recession, adding that more […]

Black Friday: Deep discounts coming

Judging from a leaked ad for day-after-Thanksgiving sales, major stores will tempt shoppers - whose help is desperately needed to bolster the economy - […]

Three ways to distribute retirement income

You’ve saved and invested all of your adult life with a goal of not working anymore — or at least not having to work. […]

FDIC’s Sheila Bair says tough times still ahead

Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., expects third quarter financial reports for the banking industry in the United States to worsen.
“We haven’t […]

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 […]

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 […]

Amgen

Amgen Inc.’s second-quarter profit slipped 7.6% as a series of restructuring and other charges further stunted a second quarter already hit by a continued […]

Fed Board Nominee Duke Gets Confirmed by U.S. Senate

Elizabeth Duke, a Virginia banker, was confirmed today by the Senate to a seat on the Federal Reserve Board of Governors, breaking a yearlong […]

The most recent Indiana Jones film more than recouped its big budget with an estimated $311 million in global box office sales through the […]

April producer prices edge up 0.2 percent

Producer prices rose by a smaller-than-expected 0.2 percent in April after gasoline prices sank, government data showed on Tuesday, but core inflation at the […]