Meltdown jolts consumers from financial fairyland
CHICAGO – The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way.

Last year's financial meltdown knocked the swagger out of Americans' views toward investing. The baby boomers who forged the Rea...See Story

 

Honda president pushes founder energy, hybrids
TOKYO – Honda's new president promised to draw inspiration from the legacy of the company's founder to ride out hard times while pushing an aggressive strategy built around hybrid green technology.

"A company must increasingly have individua...See Story

 

Budget deficit tops $1 trillion for first time
WASHINGTON – Nine months into the fiscal year, the federal deficit has topped $1 trillion for the first time.

The imbalance is intensifying fears about higher interest rates and inflation, and already pressuring the value of the dollar. Ther...See Story

 

Fla. judge delays hearings in UBS secrecy case
MIAMI – Negotiations aimed at settling the Internal Revenue Service's tax evasion lawsuit against Swiss bank UBS AG gained traction Monday when a federal judge agreed to postpone the case until early August or possibly longer.

"I urge that t...See Story

 

Credit card fees: Some gas stations say 'no more'
CHARLESTON, W.Va. - When gas station manager Roger Randolph realized it was costing him money each time someone filled up with $4-a-gallon gas, he hung a sign on his pumps: "No more credit cards."

He may be the first in West Virginia to ban...See Story

 

Jobless claims decline by 5,000 following surge
WASHINGTON - The number of newly laid-off workers filing applications for unemployment benefits dropped slightly last week but remained at a level showing the strains of a weak economy.

The Labor Department reported Thursday that jobless cl...See Story

 

High gasoline prices changing lawn-mowing habits
When Eric King moved from his apartment in Pittsburgh to a single-family home with a lawn, he bought a manual lawn mower instead of the usual gas-powered kind. He figures he's putting money in his pocket and saving trips to the filling station.
<...See Story

 

CIT Group in talks with regulators, shares tumble
CHARLOTTE, N.C. – Shares of diversified lender CIT Group Inc. plunged Monday even as U.S. Treasury Secretary Timothy Geithner indicated there could be help for the ailing company.

The company's shares fell nearly 23 percent in morning tradin...See Story