Finance News
Economic survey: Job losses to bottom out in 1Q
7 hours 19 mins ago
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.
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Gold touches new high of $1,174 as dollar weakens
4 hours 11 mins ago
A weaker dollar carried gold prices to a new record Monday and also boosted silver and copper to their highest levels of the year.
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Corel says takeover needed to prevent collapse
55 mins ago
Corel Corp., the maker of WordPerfect and other software, on Monday justified an offer to take the company private, saying that complete ownership is necessary to inject capital quickly and avert a default on its loans.
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AP-GfK Poll: Debt turning shoppers into Scrooges
82 mins ago
A lot more Americans are feeling stressed out by debt this holiday season, raising the glum likelihood they'll behave like Scrooge rather than Santa.
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Schumer says failure not an option on health care
82 mins ago
Failure is not an option on health care, a leading Democratic senator said Monday, even as Republicans turned up the heat on moderates who hold the fate of the legislation in their hands.
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Govt issues record 2.1M recall for dropside cribs
1 hour 37 mins ago
More than 2.1 million drop-side cribs by Stork Craft Manufacturing are being recalled, the biggest crib recall in U.S history, following reports of four infant suffocations.
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Obama: US economy has 'core strengths'
2 hours 21 mins ago
President Barack Obama said Monday the nation's economy is in good shape for the long term thanks to "core strengths" such as its universities, its innovation and a dynamic workforce.
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