| Aug 5, 2011
| 4:35 PM
Was the frenzy around raising the debt ceiling worth it? Did the world have to halt so that we could watch an elaborate production of what CNN’s Fareed Zakaria called, “a crisis that we have manufactured out of whole cloth”?......
| Sep 30, 2011
| 4:34 PM
Online outage at Bank of America: Bank spokeswoman Tara Burke emphasized that the outages, from 6:15 a.m. to 11:26 a.m. Eastern time Friday, were not related to the uproar over news of the $5 monthly debit-card fees. BofA's mobile and text banking...
| Jun 2, 2011
| 8:54 AM
The Dow Jones Industrial Average plunged 279 points Wednesday as the economic reports -- which have been weakening for weeks -- could not be denied.
Manufacturing dropped sharply. The ADP employment report made investors nervous about the unemployment...
| Jun 23, 2011
| 4:24 PM
(Reuters) - Republicans walked out of budget talks on Thursday, setting up a showdown between President Barack Obama and House Speaker John Boehner over how to extend U.S. borrowing and avoid a looming debt default.
Vice President Joe Biden and a handful...
| Nov 14, 2011
| 7:03 AM
South Florida financial planners were right to advise patience during the dog days of summer when the stock market flirted with a bear market.
Now the Dow Jones Industrial Average ended Friday above 12000 or up more than 1 percent for the week....
| Jan 26, 2012
| 7:51 AM
The Wall Street Journal reports the Federal Reserve can still wow markets, with Chairman Ben Bernanke's low-rate announcement Wednesday setting blue-chip stocks to an eight-month high.
The newspaper reported that stocks, bonds and commodities jumped...
| Jan 6, 2012
| 6:04 AM
US nonfarm payrolls rose by 200,000 in December, more than forecast, with the unemployment rate unexpectedly falling to 8.5 percent, the Labor Department said Friday.A survey of economists by Dow Jones Newswires expected December payrolls to rise by 155,...
| Jul 28, 2011
| 10:44 AM
WASHINGTON -- The GOP-controlled House of Representatives is set to vote Thursday on Speaker John Boehner's plan to raise the nation's debt ceiling while enacting sweeping cuts in government spending -- the latest attempt to avoid an unprecedented...
| Jul 25, 2011
| 7:05 PM
In an address to the nation, President Obama warned Monday night that Congress is at a stalemate over raising the federal debt ceiling, and he urged Americans to pressure their elected representatives to work out a compromise that will avoid a potentially...
| Aug 1, 2011
| 10:24 PM
Washington -- The U.S. House on Monday passed the debt-ceiling deal worked out by President Barack Obama and congressional leaders, sending it to the Senate for consideration a day before the deadline for the government to face possible default.
| Aug 4, 2011
| 11:11 AM
Ten In Michigan Sickened By Tainted Turkey
The USDA is recalling 36 million pounds of Cargill ground turkey in the wake of a multi-state outbreak of antibiotic resistant linked to the death of California man.
Seventy-seven people in some 26 states...
| Aug 5, 2011
| 8:31 PM
So the Dow plunged 513 points Thursday, marking the worst day for the Dow since 2008.
What it means for you depends on where you're invested, said Donald Ackley, Certified Financial Planner with Ameriprise Financial in Williamsburg.
"If you have a...