The stock market jumped on the first trading day of the year following reports of stronger manufacturing activity around the world as well as a rise in oil prices.
One of the most brutal years in the history of the automotive industry is mercifully drawing to a close, and a relatively strong December of U.S. sales could very well set the stage for a recovery in 2010.
This was the year, finally, that promised relief, opening with foreclosure moratoriums and a highly touted Obama administration initiative to keep millions of desperate borrowers in their homes.
The stock market looked to end 2009 on a down note as institutional investors made some last-minute adjustments to their portfolios.
U.S. stocks slipped Wednesday, led by consumer and energy sectors, as preliminary oil-inventory data were mixed.
The use of credit-default swaps, or private, insurance-like contracts, exploded in recent years into a murky, $60 trillion worldwide market with little government scrutiny.
In a first, Toyota led the U.S. auto industry in recalled vehicles this year, thanks to its largest safety-related problem since it began selling vehicles in the United States.
Stepping into the new year, Herbert Beyenbach of Boca Raton, Fla., an active trader in stocks and options, is making a move into shares of Citicorp and a financial stock fund.
If you listen to hospital lobbyists in Washington, the industry teeters on the brink of financial ruin, depending on how health-care reform plays out.
The average fixed-rate for a 30-year mortgage climbed above 5 percent for the first time in two months, leading to a decline in mortgage applications.