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Business & Financial News
Black Friday Deals May Not Signal Retail Comeback
When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
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Salomon USA Ski Bindings Recalled
The U.S. Consumer Product Safety Commission announced a voluntary recall of Salomon USA ski bindings due to a fall hazard.
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Gorilla Inc. Safety Harnesses Recalled
The U.S. Consumer Product Safety Commission announced a voluntary recall of Gorilla Inc. EXO-Tech safety harnesses due to a fall hazard.
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Roubini Paints Grim Picture On Jobs
"Remember: The last recession ended in November 2001, but job losses continued for more than a year-and-a-half until June of 2003;...
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Cost Plus Cookware Recalled
The U.S. Consumer Product Safety Commission announced a voluntary recall of Cost Plus World Market stainless steel cookware due to a burn hazard.
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Employees Head For Door During Downturn
A majority of U.S. workers in a national survey indicated they would leave their jobs within a year, a sign of unhappy workers,...
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Nearly Half Of Americans Rate Timothy Geithner Performance "Poor"
Adding to lawmaker criticism of U.S. Treasury Secretary Timothy Geithner's performance is a new survey released on Friday showing 42 percent of Americans say he has done a...
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U.S. Markets Head Lower Friday
U.S. markets tipped lower Friday morning after a week of shaky economic data.
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House Panel Approves Fed Audits
A Congressional panel approved a bill that would put the traditionally independent U.S. Federal Reserve under closer scrutiny of politicians.
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Delinquencies Top Second Quarter Record
The delinquency rate for private single family and multi-unit homes of up to four units was 9.64 percent at the end of the third quarter,...
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Crude Oil Prices Slide Friday Morning
Crude oil prices dipped below $77 per barrel on the New York Mercantile Exchange as declines in equity markets hinted at slow demand.
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Rio Tinto Unit Cloud Peak Falls In NYSE Debut
Cloud Peak Energy Inc a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's...
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U.S. Dollar No Longer A One-Way Bet
The one-way bet in the U.S. dollar that has lasted several months may be over for now despite distress over its malaise that has stretched from Washington to Paris.
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Goldman Sachs Holders Seek Bonus Pool Reduction: Report
Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors.
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China, India Add Big Buzz To Wireless Broadband
The launch of 3G in China and India by the likes of China Mobile and Bharti Airtel could boost wireless broadband worldwide.
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