Hot Business Topics
Jeff Rose, 33, a financial planner, is trying to improve his credit score — even though it’s 780, which is 69 points above the median score.
Rose, who lives in Carbondale, Ill., said he opened up a second credit card last year to establish another line of credit and help boost his score. He said he […]
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Grocery store operator Supervalu says its fiscal third quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer.
The company is facing high food costs as well as costs related to a restructuring plan which involves closing stores, selling off some businesses and lowering debt.
The company […]
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Any hopes that the 17-country eurozone will avoid sliding back into recession in the wake of a debt crisis that’s shown alarming signs of spreading to the bigger economies appeared to have been dashed Wednesday.
A couple of indicators show that the eurozone economy is in deep trouble and that the debt crisis is denting confidence […]
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A former banker at Switzerland’s UBS AG has been sentenced to five years’ probation and no jail time for tax fraud because of his assistance in uncovering other tax evasion cases.
A federal judge in Miami agreed Friday that 45-year-old Renzo Gadola deserved leniency. He pleaded guilty in 2010 to tax fraud conspiracy and has been […]
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One-time Sandinista revolutionary Daniel Ortega took a big early lead in presidential elections Sunday, amid reports of protests and international observers being blocked from voting stations.
Ortega, the incumbent and heavy favorite, had 66 percent of the votes compared to 25 percent for his nearest challenger, Fabio Gadea. Conservative Arnoldo Aleman, a former president, was a […]
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Greece’s international creditors warn that a second rescue package tentatively agreed in July may not be enough to save the country from bankruptcy, but believe Athens should nevertheless get its next batch of bailout loans, according to a draft of a debt inspectors’ report obtained Thursday by The Associated Press.
Although the inspectors said Greece has […]
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BERLIN—The leaders of Germany and France, the Eurozone’s two biggest economies, said Sunday they have reached an agreement about how to strengthen Europe’s shaky banking sector amid the region’s debt crisis.
“We are determined to do the necessary to ensure the recapitalization of Europe’s banks,” German Chancellor Angela Merkel following talks with French President Nicolas Sarkozy […]
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Would you trust UBS with your money now?
As regulators join the Swiss bank in scrambling to figure out how a single suspect could have racked up as much as $2 billion worth of rotten bets over three years, analysts and politicians say the catastrophic losses reinforce the case for divorcing retail banks from their investment […]
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U.S. stocks plunged Friday, erasing the week’s gains, as rising fears about fallout from Europe’s debt crisis overshadowed President Barack Obama’s plan to revive the U.S. job market.
The resignation of a key official from the European Central Bank was the latest sign of deepening disagreement over how to solve Europe’ economic problems. And investors have […]
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