China auto sales slow in 2010; market still No. 1

Vehicle sales in China rose a scant 2.5 percent in 2011 as higher prices and traffic controls kept buyers out of showrooms, but the market […]

Geithner presses Beijing on Iran, currency

U.S. Treasury Secretary Timothy Geithner and Chinese leaders pledged Wednesday to build economic ties but Beijing gave no sign it would relent in its opposition […]

Brutal losses in state and local jobs

Nearly 250,000 state and local government employees lost their jobs in 2011, with the ax falling particularly hard on public school teachers.
And the bleeding […]

Positive jobs report fails to lift stocks

The stock market offered a reminder Friday that even if the U.S. job market is improving, there’s plenty to worry about elsewhere in the world.
The […]

China

Export-Import Bank of China extended $12.5 billion more in loans to sub-Saharan Africa in the past decade than the World Bank, Fitch Ratings said.
State-owned […]

FedEx

Despite much talk about a gloomy economy, the packages are flying at FedEx.
Today is projected to be the busiest day, in which 17 million packages […]

Stocks rebound on reports of 2nd euro bailout fund

Stocks rose in late-afternoon trading Tuesday on a report that European leaders might create a second bailout fund to supplement the one they have already […]

Obama road trip: from payroll tax to campaign cash

One trip, two money pitches. President Barack Obama wants more money in the pockets of U.S. workers _ and in his campaign treasury.
With both goals […]

Can snowbirds save the U.S. sunshine states?

Sarasota resident Marvin Boisvert couldn’t help but feel a little torn this week as he shivered in a Florida hockey arena, watching the Maple Leafs […]

Theodore Forstmann, big in 80s takeover wave, dies

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle […]