ATLANTA — Airline shares and oil prices used to move together like kids on a teeter-totter, with one rising while the other falls. But the financial crisis affecting the...
WASHINGTON — Getting people to pay the taxes they owe could be one significant way of coping with dizzying increases in the federal deficit and the potential $700 billio...
WASHINGTON — Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks.
Freddie Mac, the mortgage company, reported Thursday ...
Taking ownership stake could ease credit crunch
WASHINGTON — The Bush administration is considering taking ownership stakes in certain U.S. banks as an option for dealing...
WASHINGTON — The Federal Reserve agreed to provide insurance giant American International Group with a loan of up to $37.8 billion, on top of one made to the troubled co...
NEW YORK — American consumers went into hiding in September, leaving retailers with dismal sales and an uncertain future well beyond the holiday season as the fallout fr...
WASHINGTON — Even an orchestrated round of rate cuts by the world's central banks was not enough to stem the bleeding on Wall Street.
The Federal Reserve, desperately tr...
SINGAPORE — Oil prices fell to $89 a barrel today in Asia on investor concerns that the credit crisis that began in the U.S. will trigger a prolonged global economic slo...
Major losses might force many to delay retirement
WASHINGTON — Americans' retirement plans have lost as much as $2 trillion in the past 15 months — about 20 percent of th...
OPEC reluctant to cut production
SINGAPORE — Oil prices rebounded to around $90 today in Asia after plunging to an 8-month low Monday on concerns a significant slowdown i...
