Business

Businesses slashed their inventories for a sixth straight month in February as they tried to cope with a steep recession.

Thirty-year-old Jerry Carter has grown his payroll company, Priority Pay Payroll LLC in Hoboken, to $7 million in revenue and 5,000 customers in five years with a no-nonsense work ethic and by old-fashioned sales tactics.

Federal Reserve Chairman Ben Bernanke said Tuesday there's been "tentative signs" that the recession may be easing.

President Barack Obama is juggling a glass-half-full take on the economy with a determination to not be seen as naive about problems still washing over the business landscape.

Retail sales fell unexpectedly in March, delivering a setback to hopes that the economy's steep slide could be bottoming out.

MetLife Inc. will not participate in the Treasury Department's capital purchase program, the New York-based insurer said Monday.

Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels since late January.

Many investors are being enticed by tremendous yields to take a chance on junk bonds.

It's true that good things can come from bad situations.

Wall Street retreated Monday as investors awaited a flurry of earnings reports and readings that could provide insight into the direction of the economy.