Taxpayers still hate the bank bailout

The Obama administration is trying to fix the bank bailout process. But they have their work cut out for them.
New Treasury Secretary Tim […]

Nomura posts $3.8 billion Q3 loss, hit by Lehman

Nomura Holdings Inc, Japan’s largest brokerage, reported a record $3.8 billion quarterly loss on Tuesday, hit by the cost of integrating Lehman Brothers’ operations, […]

Roubini, Edwards Predict Slump in S&P 500 on China

Stocks will retreat around the world because of shrinking demand from China as growth in the third- biggest economy slows, said Nouriel Roubini, the […]

Britain jacks up stake in Royal Bank of Scotland

WASHINGTON — The British government Monday boosted its stake in troubled Royal Bank of Scotland to almost 70 percent and offered to insure banks […]

French GDP May Have Shrunk Most Since 1974 in Fourth Quarter

France’s economy, the second largest of the 16 countries sharing the euro, may have contracted the most in more than three decades in the […]

U.S. Economy May Shrink 1.5% in 2009 as Recession Stymies Fed

Economists slashed forecasts for U.S. growth in 2009 and projected Federal Reserve policy makers won’t be able to start raising interest rates until 2010, […]

Stocks lose most of market’s gain so far this year

NEW YORK — Stocks slid Wednesday, erasing most of the market’s 2009 gain, as a private report showed employers cut more jobs than estimated […]

Obama weighs major tax move

Cautious New Year optimism rippled through Asian and European stock markets on Monday as investors waited for news of tax-cutting plans in Germany and […]