It may be too soon to exit oil-dollar bet

The long oil/short dollar bet may be off the table for now as energy prices ease and the U.S. currency rises, but inflation and […]

Gas price average below $3.70

Gasoline prices fell below $3.70 a gallon on average across the nation, with only two states - Alaska and Hawaii - averaging above $4, […]

Stocks mixed as oil spikes

Stocks were mixed Thursday, as a nearly $6 spike in oil prices lifted energy stocks, but dragged on many other areas of the market.
The […]

Mortgage applications near 8-year low

Mortgage application volume fell last week to its lowest level in nearly eight years, the Mortgage Bankers Association said Wednesday.
The fall in application volume […]

Mrs. Fields to file for bankruptcy

Mrs. Fields Famous Brands LLC said Friday it plans to file for Chapter 11 protection.
The cookie company is reorganizing and working out a prepackaged […]

Wall St

Some Wall Street companies might not resume paying New York City taxes for “a number of years” because they can offset future profits with […]

UBS universal bank model breaks, rivals defiant

UBS’s (UBSN.VX: Quote, Profile, Research, Stock Buzz) blunt admission that its universal banking model blurs risk, adds complexity and can eat up capital will […]

Are central banks getting it all wrong?

The world may have changed on August 9 last year as the credit crunch first bit, and even some policymakers are beginning to question […]

Canada top court to rule on Wal-Mart union fight

Wal-Mart Inc. (WMT.N: Quote, Profile, Research, Stock Buzz) suffered a defeat on Thursday when Canada’s Supreme Court agreed to hear a challenge of the […]

Once punch bowl-monitor, Fed now designated driver

Once, the Federal Reserve’s job was to take away the punch bowl when the party got going.
Now, central bank policy-makers are acting like parents […]