Jul 30, 2012 Last week we spent plenty of breath on Sandy Weill, the former head of Citigroup. Back in the '90s, he fought for his and other banks to grow huge and complex. Then last week Weill goes on TV and says: "It's time to break up the big banks."
Stacey Vanek Smith
Jul 27, 2012 The Commerce Department announced Gross Domestic Product ticked up 1.5 percent in the second quarter. That's down from a growth rate of 2 percent in the first part of the year.
Jul 27, 2012 A lot of the earnings reports we've seen so far this week have been disappointing, including Facebook.
Jul 26, 2012 Yesterday after markets closed we got results from Zynga, the maker of Facebook games like FarmVille. And things ain't looking so good down on the farm.
Jul 26, 2012 The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Jul 26, 2012 Facebook has had a rocky road since it started selling shares and there are still big questions about Facebook's future. For instance: how, exactly, it plans to make money.
Heidi N. Moore
Jul 26, 2012 Sandy Weill, who engineered Citigroup and the creation of megabanks, says big banks should be split up. Will the debate now gain traction?
Jul 25, 2012 Nearly halfway through earnings season, companies are making profits but falling short on sales. The sluggish economy is taking a toll.
Jul 26, 2012 With costs to open rural bank branches prohibitive, tech companies look to turn payphones into virtual banks.
Jul 25, 2012 Ford Motor saw profits fall by more than half in the second quarter and Apple profits came in lower than expected mostly due to slowing iPhone sales. What do today's earnings reports tell us about the state of the U.S. economy?