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Regional bank National City Corp. said Wednesday it is slashing its dividend by half and shutting its wholesale mortgage division, eliminating 900 jobs, because of weakened housing and credit markets. ...more
January 3, 2008
Industry analysts are predicting a lackluster end to an already dismal year for automakers, likely the worst in nearly a decade. ...more
December 29, 2007
This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. ...more
December 22, 2007
Nike Inc. posted second-quarter profit that beat analysts' estimates on higher sales in China and Europe and a weaker dollar. The shares rose 4.2 percent in late U.S. trading. ...more
December 20, 2007
Alex Rodriguez set another record for baseball's highest contract, finalizing his $275 million, 10-year agreement with the New York Yankees on Thursday. ...more
December 14, 2007
More troubling news erupted from the financial services sector Wednesday as Wachovia, PNC and Bank of America warned of bigger-than-expected writedowns and hinted that fourth quarter results could be disappointing. ...more
December 13, 2007
I try to provide advice to keep people from plunging into debt during the season of shopping madness. ...more
December 2, 2007
Nervous consumers are expected to make November another sluggish month for auto sales despite holiday discounts and a handful of runaway hits such as the new Chevrolet Malibu. ...more
December 1, 2007
Markets resumed their slide Monday as Wall Street absorbed a gloomy outlook for the banking sector, as well as bleak news from the National Association of Home Builders. ...more
November 20, 2007
In the eyes of many New Jersey state workers, the governor is the Grinch who stole the day after Thanksgiving. ...more
November 18, 2007
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