Warren Buffett announces that Berkshire Hathaway will buy the Omaha World-Herald, despite Warren Buffett's earlier predictions of 'unending losses' for most newspapers.
Oakland, Calif., is braced Wednesday for a general strike, called by Occupy Oakland. The city has seen some of the Occupy movement’s worst violence so far, but union participation in the strike may have a pacifying effect.
Bank of America has canceled its plans to charge a $5 monthly debit card fee. The about-face by Bank of America comes in the wake of growing public anger over high banking fees
Stock markets in the US and Europe fell Tuesday, stunned by news that Greeks will vote in January on national austerity measures tied to resolving Greece's sovereign debt woes.
Debit cards' fees so unpopular in pilot programs that Chase, Wells Fargo will eliminate them. Bank of America likely to offer ways to avoid fees on its debit cards.
Growth rate for the US economy was 2.5 percent in the third quarter, the government reported. That's an improvement over the first half of 2011, when concerns escalated about a double dip recession.
Bank of America's $5 per month debit card fee is just the tip of the iceberg. Big banks are starting to charge fees for what used to be basic services. In protest, switch to a community bank or credit union. It's more convenient than camping out with the Occupy Wall Street protesters.
Stocks had their worst drop in two weeks after German leaders cast doubt on how fast the debt deal process would be. The Dow dropped 247 points to close at 11397.
With Herman Cain now a GOP front-runner in some polls, DCDecoder offers a four-point primer on Cain's 999 plan.
The Dow Jones industrial average fell 40 points to close at 11478, but an afternoon rally in technology stocks trimmed some of the market's losses.