Jobs report crushes stocks

Stocks tumbled Thursday, with the Dow losing 212 points, after a worse-than-expected jobs report hammered hopes that the economy is close to stabilizing.

Bank vaults slammed shut to small businesses

Despite emergency stimulus measures, small business lending continues to fall. In the just-ended quarter, the Small Business Administration’s flagship program backed 30% fewer loans than it did a year ago, and 55% fewer loans than it did in 2007, before the recession set in.

Health reform: Will companies flee?

It is one of the touchiest issues in the health care debate: Would a government-run health plan upend the employer-based health insurance system used by 160 million Americans?

Seven banks fail, pushing 2009 tally to 52

Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.

Stimulus: The cost of high-speed rail

President Obama is pouring $13 billion into an ambitious high-speed rail project. Some say it will never make money. Some say it will. And still others say profit is not even the point.

Dumbest moments in business (so far!)

Stocks dip, but it’s a winning quarter

Stocks slipped Tuesday, at the end of the S&P 500’s best quarter in more than a decade, with a weaker-than-expected consumer confidence report and a slump in oil prices sparking the selloff.

Banks torch Obama’s consumer protection plan

In the debate over how to prevent the next financial crisis, the first fight has already erupted — and it’s over a proposal to create a new agency to protect consumers.

Psst! Wanna own a bit of a failed bank?

When New Frontier Bank failed in April, regulators failed to find a buyer, forcing the FDIC to absorb the roughly $2 billion in assets that were once owned by the Colorado-based lender.

Hyundai’s latest offer: Cheap gas

With gas prices rising and car sales in the dumps, Hyundai is offering new car buyers gas at $1.49 a gallon for a year.

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