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Daily business news and economic stories
  • Many banks are sick and tired of TARP and want to give their money back. Not only that, they're protesting the government's requirement of paying…

  • The chasm is growing between states with high unemployment and those with a low jobless rate. Today's unemployment numbers for March show that…

  • In the past few weeks, at least nine universities have gotten a total of $45 million in donations. In every case, the schools had to promise not…

  • After four major bank earnings reports, it's pretty clear what's about to happen. The stronger banks, like Goldman Sachs, JP Morgan and Wells…

  • Apr 17, 2009

    Morning Reading

    Citigroup earnings are out. The bank ended a five-quarter losing streak, thanks in large part to $45 billion from US taxpayers. Other things to…

  • Time Warner Cable said today it's not going forward with plans to charge people for how much internet bandwidth they use. The reason? Too many…

  • Apr 17, 2009

    Are you on board?

    Today, the President unveiled his plan for a high-speed rail network. He identified 10 potential high-speed rail corridors and said the start-up…

  • While Florida is trying to save the yacht and plane industry, Maryland is worried about crabs. Crab-picking season just got underway, and despite…

  • Like most states, Florida is cutting the budget, laying off workers and increasing fees and taxes. But Florida's legislature is also considering a…

  • This morning, JP Morgan continued the parade of attractive bank profits — $2.1 billion for the quarter. Not only that, but the bank's CEO, Jamie…

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