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Daily business news and economic stories
  • It's mind-boggling how much borrowed money is still sitting on the balance sheets of banks and other companies. All those corporate buyouts and…

  • Sep 25, 2009

    TP Talk

    There's a reason why the toilet paper at the office, the airport or a restaurant is rough while your TP at home might be "ultra plush" or "extra…

  • Sep 25, 2009

    Morning Reading

    Good morning. Today's slate has a bit of international flair, from Ireland, China and Brazil:…

  • Sep 25, 2009

    Listen to the man

    Former Federal Reserve Chairman Paul Volcker testified to Congress today about President Obama's plan for regulating the financial industry. …

  • I can't believe Christmas is three months from tomorrow. But it is, and the pressure's on retailers to figure out how to avoid a second straight…

  • Did you know that Washington Mutual's stock gained 64% earlier this week? Lehman Brothers shares have quadrupled the past month. The stock of the…

  • Sep 24, 2009

    Morning Reading

    Good morning. Among today's items: Katie Couric's ridiculous salary, protectionism, inflation, and a very disturbing crime….

  • The Federal Reserve just made its announcement on interest rates. The Fed said it would leave rates near zero and will in fact keep them low for…

  • Bank of America and JP Morgan Chase have announced new rules on overdrafts, and they favor the customer. Uh, some customers….

  • One of the big topics at this week's G-20 summit will be banker compensation. World leaders seem in unison on this topic — outrageous bonuses led…

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