Stimulus: Risk of waiting for Obama(CNN) Mass layoffs. A dismal outlook for retailers. The prospect of state budget cuts. An economy in contraction, and forecasts that the decline will accelerate.
Yahoo CEO search won't be quick(CNN) Tech industry watchers are already speculating on replacements for Jerry Yang, but a new chief executive for Yahoo won't likely be named until well into the new year.
Heated debate over auto bailout(CNN) The case for a bailout of U.S. automakers came under sharp scrutiny on Tuesday at a congressional hearing that portrayed the Big Three as both short-sighted in their business strategies and central to the economy.
Massachusetts: Best 'New Economy' state(CNN) Massachusetts is the state best positioned for growth when the current economic turmoil recedes, according to the 2008 State New Economy Index released Tuesday.
A collapsed hedge fund's overlooked wind wager(CNN) Tontine Associates, the once gilt-edged hedge fund that collapsed rapidly over the past two months in the wake of the market's carnage, was renowned for its massive and highly contrarian bets in industries like home-building and steel manufacturing.
Builders' confidence sinks to new low(CNN) Homebuilders' confidence in the housing market again plunged to a record low, dragged down by poor financial market conditions, rising unemployment and consumer anxiety, a trade group said Tuesday.
A gallon of gas or a share of GM?(CNN) Most financial experts advise avoiding so-called penny stocks, typically shares of small companies with low stock prices that are not actively traded or followed closely by analysts.
A TARP report card(CNN) It may be years before we can judge the government's success in fighting the financial crisis. But an early assessment of Henry Paulson's Troubled Asset Relief Program is already taking shape.
Dollar rises amid economic uncertainty(CNN) The dollar edged higher against major currencies Tuesday as negative news about the state of the economy continued to weigh on investors.