Dollar falls after grim GDP data

The dollar edged down against major currencies Friday on poor U.S. economic data, weak equity markets and global banking concerns.
Government data showed the […]

UBS appoints ex-Credit Suisse head Gruebel new CEO

Stricken Swiss bank UBS named Oswald Gruebel, who masterminded a turnaround at arch rival Credit Suisse, as its new chief executive on Thursday, as […]

Off Target

NEW YORK–Target Corp., the second-largest discount chain, said profit fell 41 per cent after it cut prices over the holidays and set aside more […]

Hong Kong’s GDP May Shrink 2.1%, Driving Budget Into Deficit

Hong Kong’s economy probably shrank by the most since the second quarter of 2003 as the city’s recession deepened, driving the budget into deficit […]

Successful savers show how little steps add up

Ryan and Christy Schrock began married life $80,000 in debt, just days after Ryan graduated from the U.S. Military Academy in 2001.
"We didn’t […]

Stanford executives charged with defrauding investors

Three senior executives with Stanford Group Co. have been charged with defrauding investors of billions through a high-yield certificates of deposit program and using false […]

The problem with paying back TARP $

Banks may need money - they just claim that they don’t want it from the U.S. government anymore.
Several of the top executives from […]

PANERA BREAD: Price hikes boost profit

Panera Bread Co. on Thursday reported higher fourth-quarter profit as price increases helped the company outrun higher costs for ingredients, as well as a […]

Japan’s Consumer Sentiment Stays Near Record Low on Job Cuts

Japan’s consumer sentiment stayed near its lowest level in at least 26 years in January, indicating households are likely to keep cutting spending.
The […]

Investors complete Puget Energy acquisition

An investor group led by Australian bank Macquarie Group completed its $7.4 billion acquisition of Puget Energy Friday.
Puget Energy Inc. (NYSE: PSD) is the holding […]