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A cross-border raid by U.S. special forces killed the al-Qaida-linked head of a Syrian network that smuggled fighters, weapons and cash into Iraq, an American counterterrorism official said Monday. ...more
October 28, 2008
that money you've been expecting will grow - shrink to disturbing levels. ...more
October 25, 2008
PNC Financial Services Group said Friday that it is acquiring National City Corp. for $5.58 billion in one of the first concrete signs of how banks could use fresh investments from a government bailout program. ...more
October 25, 2008
Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage. ...more
October 13, 2008
Dishing out advice on financial staples in times of crisis used to involve three servings: precious metals, U.S. Treasury bills and real estate. ...more
September 30, 2008
The magnitude of the bailout demanded, rather than proposed by Treasury Secretary Henry Paulson, is astonishing. Take AIG, American International Group, an insurance company worth over a trillion dollars. Paulson says it will cost $85 billion to save AIG. ...more
September 30, 2008
One could be forgiven for crawling into a fetal position to begin sobbing like a Bronte sister while sucking a bottle of Boodles gin dry after hearing the leader of the free world confidently predict the $700 federal bailout of the nation's financial system will work like a fine Swiss watch. ...more
September 30, 2008
Democratic vice presidential candidate Joe Biden said Republican John McCain protected offshore tax shelters worth billions of dollars to U.S. insurance giants. ...more
September 24, 2008
Portions of Interstate 95 were closed - and sparkling in the morning sun - after a tractor-trailer carrying $187,000 worth of nickels crashed Wednesday, killing one person and scattering the coins across the road. ...more
September 18, 2008
Am I the only one who doesn't get Jim Gries' problem with Social Security? He doesn't seem to like the Trust Fund system, but his speeding car and duck waddle metaphors make his point a little hard to follow. ...more
August 26, 2008
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