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Financial & Investment News

Stocks manage gains - 11 hours 53 minutes ago
Stocks gained Thursday, erasing earlier losses to lift the Nasdaq and S&P 500 to 18-month highs as investors eyed the days jobs and trade news and the direction of the U.S. dollar.

Exxons growing reliance on expensive oil - 12 hours 59 minutes ago
Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canadas frozen tundra.

Salvaged GM dealers in limbo - 13 hours 37 minutes ago
The 661 axed auto dealers General Motors is offering to reinstate arent ready to pop the champagne just yet. Theyre still waiting to find out about the terms theyll have to meet to regain their franchises.

Long-term debt prices rise after auction - 14 hours 14 minutes ago
Long-term U.S. debt prices rose Thursday after a government auction of $13 billion in 30-year bonds.

Oil inches higher - 14 hours 28 minutes ago
Oil prices eked out gains Thursday, as the risk of an overheated Chinese economy and higher continuing jobless claims stifled traders.

Pink Floyd wins lawsuit with EMI over downloads - 15 hours 26 minutes ago
Pink Floyd won a legal battle Thursday against EMI that prevents the bands long-time record label from selling individual songs online.

Some nurses paid more than family doctors - 15 hours 59 minutes ago
Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary care doctors, according to an annual survey of physicians salaries.

Welcome to Detroit, Mr. Whitacre - 16 hours 1 minute ago
The honeymoon is officially over.

Citis Pandit aims for $20 billion in profits - 16 hours 4 minutes ago
Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20 billion.

Financial reform bill coming from Democrats - 16 hours 8 minutes ago
Senate Democrats on banking panel plan to release and start working on a financial overhaul bill next week, without Republican support.

Finally! Good news from credit card industry - 16 hours 35 minutes ago
Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs.

GMAC: The scariest zombie - 16 hours 45 minutes ago
Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all.

Why the U.S. cant inflate its way out of debt - 16 hours 55 minutes ago
Its dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process.

Households recovering from economic freefall - 17 hours 34 minutes ago
The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday.

Its a small (cap) world after all - 17 hours 53 minutes ago
Want to know if all this talk of an economic recovery is for real? Dont think big. Think small.

Fast food chains face tomato famine - 18 hours 18 minutes ago
Fast food joints are scrambling to find alternate sources for one of Americas favorite sandwich toppings after a winter freeze took a huge bite out of Floridas tomato harvest.

Brighter outlook for international airlines - 20 hours ago
The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast.

Trusting science on climate change - 20 hours 40 minutes ago
Those beating the global warming drum have sure taken a few lumps lately.

The new me - 20 hours 43 minutes ago
I like myself pretty well. Ive done okay as me. But it came to my attention recently that I was up for a redesign. These things are scary at first, but as they go along, they start to get exciting. Businesspeople are like sharks, not just because were gray and slightly oily, or because our teeth trail the innards of those we have eviscerated, but because we must move forward or die.

Living on a freelancers budget - 20 hours 47 minutes ago
Chris and Janie Peterson have an enviable life. They own a lovely 3½-bedroom ranch house just outside Minneapolis and have work schedules flexible enough to allow them lots of time with their children, Reece, 10, Cecily, 9, and Georgio, 7.

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