The top ten of the largest U.S. corporations

Here are the top ten of the largest U.S. corporations, this classification was developed by the magazine Fortune 500 and CNN Money. Not surprisingly, the winner of this ranking is Wal-Mart, companies linked... Read more

Detroit newspapers end home delivery

The Detroit Free Press and The Detroit News will become the first major metropolitan newspapers in the United States to end daily home delivery, the papers announced Tuesday.  Read More →

Avoiding steep IRA fees

Question: My adviser charges me between 5% and 6% of what I invest in the mutual funds for my IRA. He says this fee is extremely fair to me. But I previously had an IRA for which I paid only $20 a year.... Read more

GE reaffirms guidance, dividend

General Electric Co. reaffirmed its recently lowered earnings outlook Tuesday and said it expects its financial services unit to earn $5 billion in 2009.  Read More →

Madoff mess exposes fund ripoffs too

Not quite rich enough and not quite smart enough, a certain investing class has for years paid through the nose for what was thought to be world-class money management by investing in funds that promise... Read more

70 years before Madoff, there was Whitney

He had headed one of the world’s biggest stock markets, and was known as “The Voice of Wall Street.” His brokerage company attracted wealthy investors, including one of the nation’s... Read more

A 3% raise this year? That’s all folks

Millions of American workers will face miniscule pay raises in 2009, as employers look to cut costs amid an ongoing recession, according to a recent survey.  Read More →

Bush: Open to ‘all options’ for automakers

President George W. Bush said Tuesday he is “considering all options” when it comes to aiding the U.S. auto industry because doing nothing could lead to further economic decline. ... Read more

Read the December Fed statement

The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to .25%.  Read More →

Fed slashes key rate to near zero

In its latest effort to try and stimulate the U.S. economy, the Federal Reserve cut its key interest rate to a range of between zero percent and 0.25%, and said it expects to keep rates near that unprecedented... Read more

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