SAN FRANCISCO (Oct. 16) -- Yahoo Inc. is poised to post its fiscal third-quarter results after the market's close Tuesday, less than two weeks shy of the unofficial close of a self-imposed, 100-day-long reorganization.
WASHINGTON (AP) - A deepening housing slump probably will be a``significant drag''on U.S. economic growth into next year and itwill take time for Wall Street to fully recover from a painfulcredit crisis, Federal Reserve Chairman Ben Bernanke warned Monday.
NEW YORK (Reuters) - U.S. shoppers may spend more money on holiday purchases this year, but that spending will increase at only about half the pace it did a year ago, an industry trade group study released on Tuesday found.
NEW YORK (Oct. 15) - Stable gasoline prices over the last two months have shielded U.S. consumers from the impact of galloping crude oil prices, but drivers will face more pain at the pump if the cost of crude remains high into next spring.
NEW YORK (AP) - Citigroup Inc. and other big banks are workingon a plan to support the market for mortgage-backed securities andother investments by jointly creating a fund that would buy as muchas $100 billion of the debt, according to published reports.
EARLEVILLE, Md. (Oct. 15) - When Kathleen Casey-Kirschling signs up for Social Security benefits Monday, it will represent one small step for her, one giant leap for her baby boom generation -- and a symbolic jump toward the retirement system's looming bankruptcy.Casey-Kirschling-- generally recognized as the nation's first boomer (born in Philadelphia on Jan. 1, 1946, at 12:00:01 a.m.) — won't bankrupt the Social Security system by taking early retirement at 62.
Are you pleased with the plastic in your wallet? Consumer Reports surveyed more than 35,000 readers to find out which credit cards to keep and which to toss. See which cards landed in the top -- and bottom -- of the rankings.
Oil prices surpassed $85 a barrel Monday for the first timeafter closing at a new record to end last week on worries thatsupplies are insufficient for the winter.