Grave business - my financial world

Oil prices rose above $40 a barrel Monday as investors took a more subdued look at Middle East production in the wake of Israeli […]

Can things get any worse for fund investors? Apparently so. You already know what a terrible year 2008 was for your stock funds. Through […]

Here’s hoping that 2009 is a better year than 2008. It’s hard to imagine how it could be much worse.
The economy has been in […]

European markets deepened their losses Friday, taking their cues from a slumping Wall Street and news of a weakening economy in Japan.
London, Paris and […]

President-elect Barack Obama has selected California Rep. Hilda Solis to serve as secretary of labor, a Washington-based labor official for a major union told […]

Even when Warren Buffett loses, he wins.
Buffett, the billionaire CEO of Berkshire Hathaway (BRKA, Fortune 500), lost out Wednesday in his three-month-long pursuit […]

Electronic equipment maker Siemens AG has agreed to pay $1.4 billion Monday to U.S. and German authorities after the company allegedly engaged in bribery, […]

Retail sales fell for the fifth straight month in November as mounting job losses last month curbed consumers’ ability and willingness to spend money […]

A congressman who has been highly critical of American International Group Inc. is now questioning retention payments the insurer is making to employees, saying […]

EU regulators on Monday cleared France’s multibillion dollar fund to shore up banks and ease lending, as they set out new rules requiring banks […]