Grave business - my financial world

As six state governors ask Treasury and the Federal Reserve to take "immediate action" to help U.S. automakers, GM’s financing arm says it is […]

Are well-intentioned but misguided accounting rules intensifying the financial crisis?
Those who think so will get a chance to make their case Wednesday, when a […]

Anxiety about a worldwide recession made credit even tighter Friday, as banks and companies opted to hang on to their cash rather than risk […]

Recession fears and expectations of sharp interest rate cuts by central banks in Europe sent the dollar soaring against the euro and the pound […]

The International Monetary Fund on Wednesday issued a gloomy economic outlook for the United States and the Western Hemisphere, saying U.S. economic growth will […]

The credit markets are showing some tentative signs of defrosting, and shares of several big banks were up Monday morning.
But it’s not all puppies […]

Stock prices have plunged in recent weeks. So have oil prices.
Most Americans probably see the former as terrible news and the latter as a […]

Morgan Stanley is engaged in high-stakes talks with a big Japanese bank over a multi-billion capital investment in the embattled Wall Street bank, according […]

Predicting a bottom for the U.S. stock market has been a thankless task in recent days, with indicators that typically signal the end of […]

Gasoline prices fell more than 4 cents a gallon Thursday, according to a daily survey, as the economic crisis continues to weigh on consumer […]