California's cash crunch: IOUs coming
01.02.09
The world's eighth largest economy is on the verge of issuing IOUs.
Citigroup considers 'cram-down' law
09.01.09
Citigroup could soon agree to principles that would let troubled borrowers save their homes through bankruptcy, sources familiar with the talks said Thursday, while industry groups are easing their opposition to the plan.
Same job, less pay
09.01.09
An annual 3% raise used to be considered stingy. Now, some employees will be happy if their salary doesn't go down in the coming year.
Intel issues another revenue warning
09.01.09
Intel issued another revenue warning Wednesday, blaming the weak demand for its technology products, and said that it expects to lose more than $1 billion on stock investments.
Stimulus may spur jobs - abroad
09.01.09
President-elect Barack Obama this week proposed a massive economic stimulus program with a lofty goal amid a deep recession: create 3 million jobs.
A kinder, gentler IRS?
09.01.09
The Internal Revenue Service should take steps to ease the burden on taxpayers hit by the recession, according to National Taxpayer Advocate Nina Olson.
Radical cheap: $1,000 homes
09.01.09
The real estate market is so awful that buyers are now scooping up homes for as little as $1,000.
Verizon: Microsoft beats Google
09.01.09
Microsoft has beat out Google to become the default search provider on all phones on the Verizon Wireless network.
For Obama, turning stimulus off won't be easy
09.01.09
Two groups that don't always get along, organized business and organized labor, have something in common today. They like what they see in President-elect Obama's economic recovery package.
Prosecutors: Madoff hoarded $300M
09.01.09
Prosecutors have accused financier Bernard Madoff - the alleged mastermind of a $50 billion Ponzi scheme - of intending to transfer up to $300 million worth of assets to protect them from seizure, and they want him locked up immediately.