Sep 25, 2012 In an exclusive broadcast interview, the International Monetary Fund chief urged U.S. leaders to take swift action on the so-called fiscal cliff, and called for European leaders to continue vetting the region's debt crisis.
Sep 12, 2012 Bob Woodward has been writing about politics and power since the '70s when he and Carl Bernstein broke the Watergate story. His latest book takes the reader inside the Obama White House during last summer's debt ceiling crisis.
Aug 16, 2012 Today starts with some more tepid economic news. The number of people applying for unemployment benefits ticked up slightly to 366,000 last week.
Aug 15, 2012 Shares in the office supply store Staples are down 15 percent this morning after the company said its sales dropped 5.5 percent last quarter. Meanwhile, the discount retailer Target said it made a $700 million profit last quarter
Aug 9, 2012 We've talked about the possible effects of the fiscal cliff on the economy, but there will be immediate and duplicate consequences for individuals too.
Aug 6, 2012 Lawmakers have left Washington for the August recess without taking action on the so-called fiscal cliff. Businesses and investors are trying to prepare as best they can, but what can the rest of us do?
Jul 31, 2012 Pfizer seems to be weathering the loss of its patent for Lipitor just fine. The drug company says its second quarter profit jumped 25 percent. That's despite lower revenue, and competition from generics for its cholesterol-fighting blockbuster.
Jul 31, 2012 The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
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.