All Latest News Wires
- Bankruptcy jitters in Stockton. Will other cities fail?Bankruptcy of Stockton, Calif., looms large as city enters talks with creditors. But most other troubled California municipalities are taking drastic steps to avoid bankruptcy.
- Retirement planning: Stocks rebound, not confidenceRetirement planning looks as daunting as ever, according to a new survey. Although the stock market has rebounded, only 14 percent of Americans, a historic low, are very confident their savings and retirement planning will be adequate.
- Hybrid vehicles: Judge approves Honda settlementHybrid vehicles settlement between Honda and owners of Honda hybrid vehicles gets judge's OK, despite a $9,900 small claims award for inflated mileage claims for a Honda hybrid vehicle.
- Volkswagen buying motorcycle icon Ducati?Volkswagen's premium car division, Audi, is considering buying Ducati for its light-engine know-how, according to a report. But Volkswagen, Ducati are not commenting.
- Goldman resignation letter. Judge's critique. Now, the fallout?Goldman resignation letter blistered Goldman Sachs for putting its interests ahead of customers. A state judge nearly kills Goldman deal over conflict of interest. Firm now says it will try to strengthen conflict-of-interest controls, but doesn't tie review to Goldman resignation letter.
- Stocks end big week with a whimperDow and Nasdaq stock indexes edge down Friday after gaining more than 2 percent for the week. S&P sees small rise, despite an unexpected decline in consumer sentiment.
- Gold prices high. But gold stocks a bargain.Gold prices are still hovering near record territory, but gold mining stocks are at one-year lows. Expecting gold prices to rise, some analysts see gold stocks as a buy.
- 'Pink slime' in burgers? A taste test.'Pink slime,' a mix of leftover beef parts added to ground beef, is creating a stir among food activists. So how does a pink slime burger taste?
- Foreclosures rise in 26 statesForeclosures are increasing, ironically, because banks are addressing foreclosures that had been in limbo.
- S&P closes above 1400, a four-year highStock indexes rise to four-year highs as more good economic news rolls in. Dow rises for seventh day in a row.
- Apple stock touches (briefly) $600 a shareApple stock, strong at open, fades to close below $586. But anticipation surrounding the new iPad is boosting interest in Apple stock.
- Electric cars: Hawaii expands rebate fundElectric cars so popular that state adds $350,000 to its rebate fund and extends deadline. Hawaii offers up to $4,500 to buyers of electric cars and plug-in hybrid vehicles.
- Prepaid debit card: new disclosure on feesPrepaid debit card from three major issuers will now come with specific disclosures on fees. The disclosure 'box' being tested aims to help users understand costs of using a prepaid debit card.
- Stocks mostly lower; Dow up 16The Dow rose 16 points to close at 13194 in the day after the stock market's biggest gain of the year.
- Unemployment rate falls in 45 statesUnemployment rate for January falls for nearly all states. Only New York sees an increase in its unemployment rate.
- Treasury bond market: Investors pull backTreasury bond market is slammed by stronger prospects for US economy. Treasury bond market sees highest rate on a 10-year note since October.
- Encyclopaedia Britannica: After 244 years in print, only digital copies soldEncyclopaedia Britannica cost $1400 for a full 32-volume print edition. Only 4,000 are left in stock. Now, the Encyclopaedia Britannica will only be available in digital versions.
- Dow jumps 218 on market's biggest 2012 dayBank stocks led the market to its biggest single day gain of 2012. The Dow rose 218 points to close at 13177, its highest close since 2007.
- Mortgage deal: Banks impeded probe, HUD saysMortgage deal has forced banks to pay $25 billion, mostly to current and former homeowners. But in the run-up to the mortgage deal, banks delayed handing over foreclosure documents and prevented federal investigators from interviewing employees, the Department of Housing and Urban Development says.
- Social Security: eight key things to knowSocial Security recipients should look into the possibilities of spousal benefits, as well as their own, to maximize their Social Security income.