Grave business - my financial world

Confidence among U.S. consumers sank to a 26-year low in April as the labor market continued to deteriorate and gasoline prices rose.
The Reuters/University […]

The European Central Bank kept interest rates at a six-year high today to quell inflation, even as the euro's appreciation and a credit squeeze […]

Federal Reserve officials signaled they will slow the pace of interest-rate cuts even as they concluded “some contraction in economic activity'' is likely.
Some […]

Russia has one of the fastest-growing pharmaceutical markets in the world, but for foreign companies it’s frustrating and filled with risks.
American drugmakers like Pfizer […]

Beleaguered cell phone maker Motorola Inc. said Thursday that it is laying off another 2,600 workers, bringing the company’s total employee cuts to more […]

U.S. banks hold enough reserve capital to weather financial market turmoil, and the central bank's interest-rate cuts will promote economic growth, Federal Reserve Governor […]

A pet food maker whose contaminated product may have led to the deaths of thousands of dogs and cats in North America has agreed […]

The Asian Development Bank lowered its economic growth forecasts for the region as a global slowdown weighs on exports and expansions in China and […]