Business news

European governments had to step in with a flurry of major bank bailouts from Iceland to Germany as fear and turmoil from the U.S. […]

European shares fell heavily on Monday as fallout from the credit crisis hit the region’s banking sector, forcing partial nationalization of two banks and […]

A long-running legal battle over Peabody Energy Corp.’s proposed coal-fired power plant in western Kentucky has taken a new twist after the state’s Court […]

Wall Street braced for a week of political wrangling over a proposed $700 billion bailout for troubled banks, while Goldman Sachs and Morgan Stanley […]

The Bush administration sent a $700 billion financial markets rescue plan to Congress on Saturday where Democrats are looking to add aid for distressed […]

NEW YORK – Oil prices were volatile today amid growing concerns about U.S. financial turmoil, first rising back above US$100 and falling back below […]

The number of out-of-work Americans who signed up for jobless benefits rose last week, the government reported Thursday, surprising economists who expected fewer claims.
The […]

WASHINGTON — American taxpayers awoke Wednesday to learn they may end up owning one of the world’s largest insurers. They might now lose some […]

Gasoline prices continued to rise Monday.
Overnight, retail gasoline prices nationwide rose an average of about a nickel for a gallon of regular gasoline, […]

Federal Reserve policy-makers are expected to stop short of lowering U.S. interest rates at a meeting on Tuesday but could signal readiness to cut […]