Just because Wall Street is terrible at learning from its mistakes, that doesn't mean the rest of us have to be. ...more

June 12, 2008

It's the economy, stupid," James Carville famously said during the 1992 campaign, when a young Bill Clinton was running against the other President Bush. ...more

June 1, 2008

Not since George H.W. Bush ran the White House have consumers felt so downbeat about the economy. And the catalyst for much of the gloom - the housing slump - shows no signs of abating, new data Tuesday showed. ...more

May 28, 2008

Retailers, home builders and many manufacturers should brace for even more rough times ahead, a somber Federal Reserve suggested Wednesday amid growing fears that the United States might be sliding into recession. ...more

January 17, 2008

Battered by the subprime mortgage crisis, Bear Stearns Cos. on Wednesday cut 4 percent of its staff in a move that could prelude a final push by investment banks to cull their ranks before bonuses are handed out. ...more

November 29, 2007

Billions of dollars in mortgage losses reported during the third quarter could be a prelude to bigger losses in the fourth quarter, as two more financial institutions warned of substantial write-downs Wednesday. ...more

November 15, 2007

You don't have to be a Boy Scout to live by the motto "Be prepared." Many American workers learn that lesson each year, as foreign competition, technology and other factors force their companies to shut down or move overseas. People ask, "How am I going to make it?" ...more

November 11, 2007

Citigroup Inc. Chairman and Chief Executive Charles Prince, beset by the company's billions of dollars in losses from investing in bad debt, resigned Sunday and is being replaced as chairman by former Treasury Secretary Robert Rubin. ...more

November 5, 2007

Merrill Lynch's departing chief executive, Stan O'Neal, will walk away with $161.5 million in stock, options and retirement benefits, the company said Tuesday. ...more

October 31, 2007

Stan O'Neal's legacy will be cemented as the $8 billion man. That's about the size of the massive write-down Merrill Lynch & Co. had to take during its just-ended quarter, which has ruined the reputation of the investment bank's CEO. ...more

October 31, 2007