In the wake of the collapse of Lehman Brothers, the related near-failure of Citigroup (NYSE:C) and the shotgun weddings of J.P. Morgan (NYSE:JPM) and Washington Mutual, Bank of America (NYSE:BAC) with...
The S&P/Case-Shiller index of home prices increased more than forecast in May, but the combination of a now-expired government tax credit, skyrocketing foreclosures and deteriorating consumer co...
The dollar pared declines against the Japanese yen on Thursday in the aftermath of a government report showing new U.S. claims for unemployment benefits fell slightly more than expected last week.
Sales of U.S. new homes rose in June more than forecast following an unprecedented collapse the prior month, a signal the worst of the slump triggered by the end of a government tax credit is over.
When the Chinese government changed its currency policy last month to allow appreciation of the renminbi (Rmb), skeptics like New York Times columnist Paul Krugman called the move a lame ploy to plac...
The federal government’s Energy Information Administration (“EIA”) reported an in line increase in natural gas supplies, as the effects of warmer-than-normal temperatures in the Northeast (t...
NY Times Economix Blog — “Mr. Mobarak, a Bangladeshi who has advised his country’s government, found that the presence of apparel ...
The new financial reform legislation is massive: about 2300 pages, 14 titles, 1400 sections. Yet, much of it is not in final form but is yet to be determined. It calls for 47 studies, 74 ...
China, the world’s second-biggest energy consumer, has proposed to widen a new resources tax on coal, oil and natural gas output throughout the country. The 5% tax, which was introduced last month i...
Amid rising fears over a circulating story about a leak and seepage, the federal government’s oil spill chief said that seepage detected two miles from BP’s oil cap is coming from another ...