Saturday, November 16, 2024

Payroll tax hike: Killer whale or red herring?

WASHINGTON - Companies are rushing to describe the impact of higher Social Security taxes that took effect in January. They paint a bleak picture.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 8 MONTHS AGO

Banks try to fix what's left of mortgage mess

COEUR D'ALENE PRESS | UPDATED 11 YEARS, 10 MONTHS AGO

No Christmas miracle

COEUR D'ALENE PRESS | UPDATED 11 YEARS, 10 MONTHS AGO

Stocks nearly unchanged as fiscal threat looms

U.S. stocks closed nearly unchanged Monday, after a day of uneven trading plagued by investors' fears about the approaching "fiscal cliff."
COEUR D'ALENE PRESS | UPDATED 12 YEARS AGO

Stocks rise on strong economic data

It's only been a day, but November on Wall Street is already looking a lot better than October.
COEUR D'ALENE PRESS | UPDATED 12 YEARS AGO

Citigroup CEO steps down

Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO

Stocks drift as European gloom returns

U.S. stocks meandered sideways Monday as fears about Europe overshadowed recent excitement about central banks' efforts to boost the market.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 1 MONTH AGO

Consumer agency sets mortgage protections

COEUR D'ALENE PRESS | UPDATED 12 YEARS, 3 MONTHS AGO

Credit card customers to get a refund

WASHINGTON - The Obama administration's consumer watchdog agency flexed its enforcement muscles for the first time Wednesday and ordered Capital One Bank to repay millions of credit card customers allegedly tricked into buying costly add-on services.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 4 MONTHS AGO

Stocks meander as European debt crisis festers

Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. U.S. stocks were little changed, and borrowing costs for Spain surged to alarming levels.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 5 MONTHS AGO

Europe worries stalk Wall Street; Dow loses 161

Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro and flocked to bonds, driving the yield on the benchmark 10-year U.S. Treasury note to its lowest point since World War II.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 5 MONTHS AGO

Colleges' bank deals saddle students with big fees

WASHINGTON - As many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to get to their financial aid money, according to a report released Wednesday by a public interest group.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 5 MONTHS AGO

Calls to toughen regulation follow JPMorgan loss

COEUR D'ALENE PRESS | UPDATED 12 YEARS, 6 MONTHS AGO

Production steps up again

COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO

'Manifesto' echoes past questions about bank

The young banker whose dramatic public resignation stung Goldman Sachs this week joins officials from every corner of the government in questioning whether the august investment house deals honestly with all its clients.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO

Bond market sees a stronger economy

WASHINGTON - The bond market is betting on a stronger economy.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO

Unemployment claims at lowest level since 2008

COEUR D'ALENE PRESS | UPDATED 12 YEARS, 10 MONTHS AGO

Stocks close mixed as traders await Europe news

Optimism about a European debt-crisis summit this week rose and fell on Wednesday, but U.S. stock indexes barely budged. The Dow Jones industrial average closed 46 points higher; the Nasdaq composite index fell a fraction of a point.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 11 MONTHS AGO

Overseas stress sends stocks lower

Europe's spreading debt woes and slower manufacturing in China pushed stocks sharply lower Wednesday. The Dow Jones industrial average fell 200 points in afternoon trading.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 11 MONTHS AGO

Collapse shows few changes on Wall Street

COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO

Corzine steps down at collapsed firm, hires lawyer

COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO

Stocks rise sharply on solid corporate earnings

A broad rally swept through the stock market Friday after McDonald's and several other large companies reported solid earnings. The Standard & Poor's 500 index closed higher for the third straight week, its best run since February, as hope builds that a weekend meeting will bring European leaders closer to …
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO

Stocks fall as traders worry over weekend

NEW YORK - A growing belief that the U.S. economy may be headed toward recession gave the stock market its fourth straight week of losses.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 2 MONTHS AGO

Manufacturing growth hits lowest level in 2 years

WASHINGTON - Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 3 MONTHS AGO

Drop in AIG shares dims odds of recouping bailout

WASHINGTON - Investors got a chance this week to weigh in on the government's odds of recouping the full $182 billion bailout of American International Group Inc.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 5 MONTHS AGO

Geithner gives some companies pass on new rules

WASHINGTON - Treasury Secretary Timothy Geithner has decided to let companies continue to trade certain contracts used to guard against swings in currency values outside regulators' view.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 6 MONTHS AGO

White House wants less government in mortgage system

WASHINGTON - The Obama administration wants to shrink the government's role in the mortgage system - a proposal that would remake decades of federal policy aimed at getting Americans to buy homes and would probably make home loans more expensive across the board.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 9 MONTHS AGO

Poll: Weak economic growth expected through 2011

WASHINGTON - Top forecasters say the economy will grow this year and next at a slower pace than previously thought, weakened by governments and consumers spending less so they can pay down debt.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 1 MONTH AGO

Lawmakers turn to credit raters, prepare overhaul

WASHINGTON - Lawmakers rewriting financial regulations took aim Friday at credit rating agencies, whose analysts often gave safe ratings to risky investments that fueled the financial crisis.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO