Top bank executives can expect a grilling when they appear before a congressionally appointed panel investigating the causes of the 2008 financial collapse.
Dubai's ability to host big-money events in tennis, golf and horse racing is coming under scrutiny as the emirate struggles with massive debt.
Oil-rich Abu Dhabi pumped $10 billion into its indebted neighbor Monday, sending stocks soaring while sparing Dubai and the rest of the Emirates federation the humiliation of an imminent default by one of the struggling Arab boomtown's star companies.
Dubai got a $10 billion lifeline from oil-rich Abu Dhabi on Monday, securing a last-minute cash infusion aimed at preventing a default that risked sparking broader fears about the city-state's shaky finances.
Rating agency Standard & Poor's on Thursday downgraded six Dubai-government-backed companies to junk status, the latest cut by an international ratings agency as the emirate showed little inclination to support its heavily indebted companies like Dubai World.
American charities have weathered a significant drop in giving this year, and while they're hoping for a holiday miracle, a recent survey shows they will probably see a decrease in year-end generosity.
The trade deficit might have widened in September, but try telling that to U.S. jewelry makers, loggers and machine manufacturers who have customers in other countries.
Ever since he was laid off in March, Frank Beil has been on the lookout.
The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."
Last year pharmaceutical companies spent more than $4 billion urging patients like you to "ask your doctor" about their drugs. But if you want a prescription that won't empty your wallet, while still keeping you well, you might start asking your doctor about drugs you don't see on TV.
Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money — unlike its crosstown rivals, General Motors Co. and Chrysler LLC.
Dozens of banks have failed this year. What do you need to know if yours is next?
Can growth in the gross domestic product, the broadest measure of the nation's economy, be sustained?
It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops.
The arrest of a billionaire in an insider trading case last week drew new attention to hedge funds — investment firms that, for many, evoke an exclusive world where the super rich use exotic investing techniques to grow yet richer.
Housing construction is crawling out of its very deep hole, but no one expects it to reach the heights hit before the housing bubble burst — at least not for a very long time.
Jonathan Broxton got the Los Angeles Dodgers to the brink of a tying win in the NL championship series. Then he gave it away.
The federal government's budget gap is huge — but by some measures, it's been bigger in the past.
The recession delivered at least one major perk for the family pocketbook: Prices for everything from meat to heating fuel remain as tame as they've been in memory.
In Massachusetts, freefalling tax revenue will mean no more dental and hospice care for legal immigrants. Maryland is closing a mental health center. And Illinois has $2.9 billion in unpaid bills.
A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451.
For all the doom and gloom about the housing market, it still generally pays to own a home.
For a homeowner who needs to sell but has a mortgage balance higher than the property value, one option is something called a "short sale."
The next financial bubble could come sooner than you think.
The auto-parts maker Delphi Corp. is headquartered in Troy, Mich., in the heart of the region that made the United States the car capital of the world. It's a place where the phrase "buy American" is right at home.