All Economy
ING Group sells UK business to Barclays at massive lossING Group is selling its British businesses linked to online banking arm ING Direct UK to Barclays at a €320-million ($415-million) loss. ING Group said in a statement Tuesday it was selling in order to 'sharpen the focus of the bank.'
IMF cuts world growth forecastIMF forecasts 3.3 percent growth this years, down from 3.5 percent, and lower growth next year as well. IMF says US, European policymakers will play key role in how long the economic slowdown persists.
Are personal finance seminars for you? The pros and cons.Personal finance seminars should offer you something beyond what you can get for a very low cost through a blog or at the library. Especially for those who learn through listening, personal finance seminars can be quite helpful.
Stocks fall on Asia's gloomy economic outlookUS stocks faltered Monday after the World Bank said Asia's economies won't grow as much as expected this year. The Dow Jones Industrial Average fell 36 points to 13574 an hour after the opening bell.
Gold prices dip. Pessimism or Columbus Day quiet?Gold prices fell on Monday as concerns over the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment. But national holidays in the US and Japan were expected to limit trading activity and may have been partially responsible for the dip in gold prices.
Turning the fiscal cliff into a good thingThe dreaded 'fiscal cliff' can work – if lawmakers strive to achieve the same amount of deficit reduction over a 10-year budget window as is implied by the current-law baseline except with economically smarter, better-timed spending cuts and revenue increases.
College savings: What's the best investment plan?College savings can be tricky, because some come with a tax penalty if too much is put away. A Roth IRA for your child, to be used for educational purposes, can be a good college savings option. Question 6 in this week's mailbag.
Wal-Mart launches prepaid card with American ExpressWal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Called Bluebird, the card will be available online and in Wal-Mart stores next week.
Major banks settle with homeowners. Are you entitled?If your home loan is serviced by one of the five major lenders – including Bank of America and Wells Fargo – you may be entitled to a share of one of the largest civil settlements in history.
Hawaiian vacations on the cheapSay aloha to warmer temperatures sooner than you expected. Some of the best deals for a tropical island getaway.
Tesla: Cash flow positive by November?Tesla has faced its fair share of fiscal woes lately, but the electric car company's CEO says Tesla is far from short on cash
Honda recalls CR-V over window switch. Is yours on the list?Honda recall involves 2002-06 models with switch that can cause fire. Beyond the Honda recall of the CR-V, the automaker in the past month has issued major recalls of Civics, Pilots, and Accords for various safety problems.
Getting bad spending thoughts out of your headMany professional and financial mistakes can be traced back to bad ideas in your head. But by thinking long-term, many such mistakes are easy to avoid.
Will California gas prices set records this weekend?Experts predict that California's drivers will briefly see prices higher than the current all-time record of $4.61. When will gas prices go down?
Save on pet care costs: 10 tipsAmericans spent $50 billion on their pets last year. Here are 10 tips to ensure your furry friend takes a smaller bite out of your budget
Is American Airlines' loose-seat fiasco over?American Airlines scrapped more than 90 flights in the past two days because seats were coming loose in flight. American Airlines says it has fixed seats on 42 of 48 planes.
Jobs report: Obama's sigh of reliefBetter-than-expected employment numbers from September's jobs report was a relief for the White House, Reich writes. But the economy is still growing too slowly.
Stocks barely flinch after good jobs reportStocks initially rose on news of the unemployment rate dropping to 7.8 percent. But in afternoon trading, stocks failed to hang onto early gains.
Employers add 114,000 jobs in SeptemberNet non-farm payrolls increased adding 114,000 jobs overall with the private non-farm payrolls sub-component adding just 104,000 jobs.
The benevolence of up-marketsGood vibrations in the market, especially those emanating from the third quarter of this year, go a long way toward solving lots of outstanding issues in a very benign and gentle way, Brown writes.
