We shoppers irk local merchants when, despite layoffs, bankruptcies and shortage of government revenue accompanying the sharpest economic slowdown in recent memory, many of us continue to buy things on the Internet. ...more

March 15, 2009

More Internet users are communicating on social networks such as Facebook, MySpace and Twitter than by e-mail, according to a study by Nielsen Media Research. ...more

March 10, 2009

The U.S. government's recent decision to save banking giant Citigroup Inc. may ultimately be remembered as the last high-profile bank rescue in the great financial crisis of 2008, but that doesn't mean it's business as usual in global markets. ...more

November 28, 2008

-WASHINGTON - Managing the biggest financial crisis since the Great Depression has left Treasury Secretary Henry Paulson little time to sleep, let alone fly across the country to speak at fundraisers. ...more

November 21, 2008

Just showing up counted for a lot. Group of 20 leaders may not have quite rewritten the rules of global finance in a weekend. But they accomplished much by just gathering in such large numbers - both the older economic powerhouses and the newer fast-growing ones - to grapple with the world's financial panic and pledging to work together to contain it. ...more

November 16, 2008

The world's top economies on Saturday promised coordinated action to restore confidence in global markets as financial turmoil slows U.S. growth, but with each country having different priorities, they didn't offer a specific remedy. ...more

February 10, 2008

Federal Reserve Chairman Ben Bernanke said Tuesday that heavy saving by oil producers and Asian nations has helped depress interest rates by keeping financial markets flush with cash. But he warned against banking on this effect - one that probably helped create the current financial crisis - for the long term. ...more

September 12, 2007