America’s carmakers are in such bad shape that a share of General Motors now costs about as much as a slice of pizza.
Federal regulators on Thursday proposed requiring most investment advisers to submit to surprise exams by outside auditor
The Obama administration expanded its $50 billion mortgage aid program on Thursday, announcing new measures that would help homeowners avoid a foreclosure if they don't qualify for other assistance.
President Barack Obama says changing the way credit card companies bill customers is critical to fixing the nation's ailing economy.
Chrysler LLC wants to eliminate 789 of its U.S. 3,200 dealerships, saying in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.
The Obama administration on Wednesday unveiled a plan for strong new regulation over the complex financial instruments that helped spark today's global financial crisis.
Among 2.7 million employees eligible for 401(k) investment plans, the median rate of return last year was minus 28.3 percent.
Banks had failed, the economy had slumped and the country was waging a costly war abroad. Yet executives continued paying themselves princely sums, forcing the president of the United States to speak out: