CHICAGO — The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm. But the sal...
Bloomberg | Beth Jinks and Allison Abell Schwartz | Posted 11.29.2008 | Business
U.S. retailers that lowered prices as much as 70 percent on the day after Thanksgiving may see sales eroded by steeper price cuts in what may be the w...
Think Progress | Matthew Yglesias | Posted 11.29.2008 | Business
Robert Rubin speaks up for himself: "Nobody was prepared for this," Mr. Rubin said in an interview. He cited former Federal Reserve Chairman Alan Gre...
washingtonpost.com | Christian Davenport | Posted 11.29.2008 | Politics
Some of the largest investment firms on Wall Street are gone. The country's auto industry is on the verge of collapse. Banks are shedding jobs. But in...
The Boston Globe | Nicole C. Wong and Jenn Abelson | Posted 11.29.2008 | Business
Stores across the region opened their doors before dawn yesterday with mixed results: Deals on electronics apparently drew avid shoppers, especially a...
Reuters | Posted 11.28.2008 | Business
Poverty in the United States is spreading from rural and inner-city areas to the suburbs, according a study, a situation that can worsen as the econom...
Madeleine M. Kunin | Posted 11.27.2008 | Politics
The proclamation which established a national day of Thanksgiving was issued during Lincoln's administration. It is tempting to draw comparisons between then and now.
Financial Times | Bertrand Benoit | Posted 11.26.2008 | Business
Angela Merkel, the German chancellor, turned the tables on her international critics on Wednesday by accusing the US and other governments of making "...
New York Times | Andrew Martin | Posted 11.26.2008 | Business
For more than a year, food manufacturers have been shaving package sizes and raising prices, declaring that they had little choice because of unpreced...
PC Magazine | By Jennifer L. DeLeo | Posted 11.25.2008 | Business
Get your running shoes ready, because it's Black Friday time! Millions of shoppers flock to various retail stores the day after Thanksgiving in antici...
CNN Money | Julianne Pepitone | Posted 11.25.2008 | Business
Black Friday shopping is expected to decline slightly, but pent-up demand and lower gas prices may provide a small silver lining for the suffering ret...
Joe Peyronnin | Posted 11.25.2008 | Business
It is going to take more than a $750 billion TARP for the newly established "Office of Financial Stability" to right the ship.
Wall Street Journal | CONOR DOUGHERTY | Posted 11.22.2008 | Business
Rising unemployment across the nation reveals a pervasive downturn that is spreading at an accelerating pace. In data released Friday by the Bureau o...
David Paul | Posted 11.21.2008 | Business
We have watched one bailout unfold, and we have not been impressed. We heeded the Wise Men, and now we feel violated. But how do we now hold failing auto companies to a higher standard?
Washington Post | Steven Mufson and Michael S. Rosenwald | Posted 11.21.2008 | Business
With the stock market crumbling and the economy shrinking, a whiff of deflation is in the air. Oil prices yesterday slid below $50 a barrel to the lo...
Saskia Sassen | Posted 11.20.2008 | Business
It is almost irrational to give finance the instruments to do more of what has brought us to the brink. The prior bailouts each contributed one more element to the unsustainable leveraging we have now reached.
Gerald McEntee | Posted 11.20.2008 | Business
Right-wing critics of public employee pensions will use any angle to convince folks that these plans are bankrupting states, cities and towns. However, they are an essential part of the capital market.
Gerald McEntee | Posted 11.19.2008 | Politics
Health care reform is a vital part of rebuilding the economy and expanding America's middle class. We have to do it now -- precisely because economic times are so tough.
Philip Slater | Posted 11.19.2008 | Business
If we humans are to survive we're going to have to stop over-producing -- ourselves and everything else. If we can't face the future without an eternally expanding economy, we won't have one.
Hale "Bonddad" Stewart | Posted 11.19.2008 | Business
Ten months of heavy job losses left places the end of terrible job losses somewhere next summer. And that assumes we'll see a rate of job destruction on par with the worst rate of the last 60 years.
Diane Francis | Posted 11.18.2008 | Business
It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.
Francine Hardaway | Posted 11.17.2008 | Business
I've been debating with myself for weeks over whether we ought to bail out the auto industry. I made a little pro-con list for myself today.
Zachary Karabell | Posted 11.17.2008 | Business
The financial balance of power is shifting. China, Brazil, even Japan can all claim more sound economies than the United States. They expect a voice, and they are not asking permission.
Mitchell Bard | Posted 11.17.2008 | Politics
The question shouldn't be whether or not to bail out the U.S. auto industry, but how assistance to the car manufacturers fits within the larger national energy plan that is greener, self-sustaining and economically positive.
M. and V. Sommer, D. Wyles | Posted 11.16.2008 | Politics
Commentary by Michael Sommer The essential task of Barack Hussein Obama as the 44th President of the United States will be, first, to get America an...
Reuters has a Q&A with John Travolta to promote his animated film "Bolt." At the end, they ask him...
WASHINGTON — An adviser to Barack Obama's...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
The Campaign Finance Institute (CFI)...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Reprinted with permission from Jason's email list Today, Randall Stross...
President-elect Barack Obama announced Monday that Robert Gates would remain as...
The seventies are back in a big way: shaggy hair, plaid prints and idealism have all...
On this Sunday's 60 Minutes, Anderson Cooper has an interview with Olympic...
PALM DESERT, Calif. — Two men pulled guns and shot each other to death in...
Winona Ryder has been accused of losing £81,000 of...
It started with the fist bump seen 'round the world. Soon...
A revolutionary device that can harness...
AP | ASHLEY M. HEHER | Posted 11.29.2008 | Business