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