Business
Fed officials warn weak recovery won't spur jobs
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
Nov 10, 2009 | 6:30 pm
FDIC boss: Big banks still aren't lending enough
The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enough and warned the economy could take another turn for the worse without increased access to credit.
Nov 10, 2009 | 6:05 pm
Median home prices fell nationwide in 3Q
A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.
Nov 10, 2009 | 5:30 pm
Microsoft's monthly security fixes spare Windows 7
Microsoft's newest computer operating system has survived its first few weeks on the market without needing any security fixes.
Nov 10, 2009 | 5:10 pm
2 ex-Bear Stearns hedge-fund managers acquitted
Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted Tuesday of lying to investors _ a defeat in the government's bid to punish fraud exposed by the financial crisis.
Nov 10, 2009 | 4:50 pm
Stocks mostly fall after rally as the dollar rises
Caution returned to the stock market Tuesday as investors decided to slow an advance that has lifted the Dow Jones industrial average 475 points in five days.
Nov 10, 2009 | 4:40 pm
Adobe to cut about 680 full-time jobs
Adobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 budget.
Nov 10, 2009 | 4:25 pm
Job openings remain close to record-lows
Job openings are at rock-bottom levels, according to government and private surveys released Tuesday, a trend that could keep the unemployment rate high even as layoffs slow.
Nov 10, 2009 | 4:05 pm
Housing plan reaches 1 in 5 borrowers
The Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most of those borrowers are on temporary trial plans that have yet to be made final.
Nov 10, 2009 | 3:00 pm
Vegas sees 4.3 percent increase in Sept. visitors
Tourism officials say the number of visitors to Las Vegas increased 4.3 percent in September, marking the first year-over-year monthly increase since May 2008.
Nov 10, 2009 | 3:00 pm
AmEx says card spending increased in October
American Express Co. said Tuesday that spending on its credit cards increased in October for the first time this year, an encouraging sign that consumers may be feeling more confident about the economy.
Nov 10, 2009 | 2:55 pm
Beazer Homes posts profit in fiscal 4th quarter
Beazer Homes USA Inc. reported its first quarterly profit since 2006 on Tuesday and credited more stable home prices and cost cuts for a marked improvement in the homebuilder's gross margins.
Nov 10, 2009 | 2:10 pm
Oil prices fall as Ida fades, dollar climbs
Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico.
Nov 10, 2009 | 2:05 pm
Madoff associate wills bulk of fortune to charity
A man who made billions of dollars off Bernard Madoff's Ponzi scheme signed a will leaving the bulk of his fortune to charity, but the gift's ultimate size may depend on legal wrangling over how much of the money rightfully belongs to cheated victims.
Nov 10, 2009 | 2:00 pm
Wi-Fi for travelers becomes Web marketing lure
Google, Yahoo, eBay and Microsoft, competitors on the Web, all have the same idea for marketing themselves this holiday season: temporarily providing free Wi-Fi access in airports, airplanes and public places.
Nov 10, 2009 | 1:55 pm
FedEx projects busier busiest day
FedEx is predicting a little more holiday cheer this year.
Nov 10, 2009 | 1:45 pm
GM appoints international exec to head Opel
General Motors Co. said Tuesday that a senior executive who now runs its international divisions will take over responsibility for the European Opel and Vauxhall units while the company searches for a permanent chief executive.
Nov 10, 2009 | 12:15 pm
Yahoo CEO pledges to boost profit margins
Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.
Nov 10, 2009 | 10:40 am
Dodd circulates financial overhaul bill
Senate Banking Committee Chairman Christopher Dodd on Tuesday called for sweeping new government powers to prevent another economic collapse, protect consumers and dismantle failing institutions.
Nov 10, 2009 | 10:35 am
EU objects to Oracle's takeover of Sun
European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.
Nov 10, 2009 | 10:20 am
