Posted: 2:32 PM Wall Street has accomplished a feat that seemed impossible just a week ago, rallying and propelling the Dow Jones industrial average and Standard & Poor's 500 index to their fourth straight winning sessions.
Posted: 6:38 AM As the financial crisis was gaining force, Americans cut back on their spending in October by the largest amount since the 2001 terrorist attacks.
Posted: 2:49 PM Falling oil prices have forced Chicago-based United Airlines to put up hundreds of millions of dollars in new collateral on fuel hedges that have turned against it.
Updated: 2:44 PM Top executives at Wachovia Corp. are eligible to receive up to $98.1 million in severance, assuming the bank's acquisition by Wells Fargo & Co. is completed by Dec. 31 as expected.
Updated: 2:45 PM TiVo Inc. recorded a profit in its fiscal third quarter due to the $105 million it received from Englewood, Colo.-based Dish Network Corp. for violating a patent.
Posted: 11:55 AM Officials told county commissioners on Monday the fund lost $88 million, or 29 percent of its value, since October 2007 as more money was paid out than was contributed into the retirement plan. The fund also posted a one-year loss of 16.2 percent in its investments.
Posted: 8:20 AM Wall Street is mostly higher, extending its gains into a third session after a private research group said consumer confidence rose unexpectedly in November.
Updated: 7:51 AM The Federal Reserve says it will buy up to $600 billion in mortgage-backed assets in another attempt to deal with the financial crisis.
Updated: 8:22 AM The government says the economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years.
Posted: 7:44 PM Congressional investigators say a sports team owner, a financial executive and residents of Hong Kong and Saudi Arabia are among the more than 2,700 millionaire recipients of farm payments from 2003 to 2006. And it's not even clear they were farmers.
Updated: 7:35 PM The Aspen Skiing Co. expects business to be down by 5 to 15 percent this season, but it doesn't plan to reduce staff or close any ski runs as a result.
Posted: 3:28 PM A national survey shows average gas prices across the country have dropped to less than $2 a gallon for the first time since March 2005.
Updated: 2:18 PM Wall Street has barreled higher for the second straight session, this time in a relief rally over the government's plan to bail out Citigroup Inc. The Dow Jones industrials soared nearly 390 points, bringing their two-day advance to more than 880, or 11 percent.
Posted: 9:54 AM Full-time employees will work 10-hour days at least until April. Fair general manager Chris Wiseman says the new schedule should save $53,000.
Posted: 9:23 AM Wall Street is shrugging off a larger-than-expected drop in sales of existing homes last month as investors instead focus on the government's plan to bail out Citigroup Inc.
Posted: 9:17 AM The head of an auto parts company says there is talk about forming a car caravan to take the CEOs of Detroit's three automakers on their return trip to Washington to seek federal loans.
Updated: 12:38 PM The European Union's foreign policy chief says he expects U.S. President-elect Barack Obama to move quickly to address top trans-Atlantic goals, including Middle East peace, negotiations with Iran and slowing global warming.
Posted: 8:58 AM General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.
Posted: 8:05 AM Wall Street is experiencing some relief, with stocks opening sharply higher, following a report that a pounded-down Citigroup Inc. might put itself up for sale.