Business news

The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as […]

DES MOINES, Iowa — Retirement accounts already battered by a steep market decline may get hit again as several companies suspend or reduce their […]

Monsanto Co. says it is a step closer to further unlocking corn’s yield potential. The company has produced a genetic blueprint of one of […]

Malaysia's industrial production grew at the slowest pace in 11 months in July as demand for manufactured goods waned and electricity output eased.
Production […]

Freddie Mac is doubling the amount of money it pays loan servicers for each successful mortgage workout among other measures to keep struggling borrowers […]

The Federal Reserve, looking to spur investment in lenders hit by credit-market losses, is weighing three measures to ease rules for private-equity funds that […]

Fuel prices at the pump fell overnight, a nationwide survey of gas station credit card swipes showed Thursday.
Regular: Regular unleaded retreated nearly a penny […]

The nation’s banking system is "absolutely safe" and Americans’ insured deposits in banks protected, the head of the Federal Deposit Insurance Corporation said Tuesday.
"Insured […]

Former Bank of England policy maker Stephen Nickell said the central bank should avoid raising interest rates to curb inflation as the mortgage market […]

The Bank of Nova Scotia's second-quarter profit declined six per cent to $980 million, dragged down by credit loss provisions and weaker capital markets revenue, […]