St. Louis-area boomtowns hit the brakes

For much of the past two decades, St. Charles County has boomed.
With a surge of new homes and new residents from the Missouri […]

MORTGAGES: 30-year rate is a low

Rates on 30-year fixed-rate mortgages fell to a record low for the second week, causing refinancing applications to surge to the highest level in […]

Loonie gains two cents on U.S. rate cut

The Canadian dollar surged today as sentiment toward the American dollar darkened with the U.S. Federal Reserve's gloomy announcement cutting its policy interest rate […]

Insurer of sick running out of funds

A Burlington company that arranged investments in the life insurance policies of sick and elderly Americans is running out of cash.
Christopher Halas, vice-president of Universal […]

Condos out, apartments in these days

From St. Louis to St. Charles, developers are making a switch. As housing sales continue to shrivel and prices slip, nimble builders are luring […]

Chrysler cash drains away as crisis deepens: sources

Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can’t clinch a merger with General […]

European economy to barely grow in ‘09

The European Commission forecast Monday that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1% […]

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 - […]

Alton Pointe is fresh departure from old public-housing complex

Alton Pointe Apartments opened several months ago on the former site of Sullivan Homes, a 1950s-era public housing complex that was decried in its […]

All eyes on G7 as markets take fright

The world’s economic powers faced huge pressure on Friday to contain the financial crisis as panic selling swept through European and Asian markets amid […]