Stocks rallied in the US and in Europe on Tuesday on expectations of an emergency European Union bailout for Greece. But Greece, with a ballooning national debt, is not out of the woods yet.
Republican lawmakers usually back tax cuts for businesses, but the $33 billion price tag of Obama's proposal may deter those who are more worried about runaway deficits.
Corporations from across economic sectors including Google, Wal-Mart, Wells Fargo, and GM are donating to Haiti's earthquake relief.
Will consumer spending move up and jobs grow apace in 2010? The answer depends on the economist you ask. A round up of the top predictions for the economy next year.
Surveys released Thursday suggest American consumer confidence is up, fueled by improved home prices and jobs data. But some headwinds to recovery remain.
Existing home sales rose 7.4 percent in November, largely due to first-time home buyers taking advantage of a tax break before it expired. That may mean the housing market recovery is not robust, some experts say.
Citigroup announced it is paying back federal TARP funds, joining the likes of Bank of America, Goldman Sachs and JP Morgan. Why are they in such a hurry?
While financial innovation is often associated with nearly toppling the international economic system, some entrepreneurs are preparing a different breed of financial tools.
Lower prices and the federal tax credit for buyers fuel a 9.4 percent rise in home sales.
Japanese technology group Murata Manufacturing's robots, the bike-riding Murata Boy (l.) and unicycling Murata Girl are seen. Electronic eyes made of ultrasonic sensors tell the robots when they are about to bump into something and their robotic brains help them change direction. The robots can be also be guided by humans using bluetooth technology found in phones and computers.