Archive for August 6th, 2008

You may have your heart set on leaving the workforce at 65, but do you have the money to support yourself? Here's how to find out.

As election day draws nearer, the economy is becoming the defining issue for more Americans as they size up the candidates, a poll released Wednesday shows.

The Federal Reserve sent a strong signal to the markets on Tuesday that it would not be raising rates anytime soon, and you'd think that would spell disaster for the dollar.

Oil ended Wednesday at the lowest price in more than three months as investors digested a surprise jump in crude stockpiles and continued weakness in demand for gasoline.

When Merrill Lynch announced last month that it would sell back its long-held stake in financial data provider Bloomberg L.P., chief executive John Thain was praised for moving aggressively to restore the firm's capital position and slim its bloated balance sheet.

Looking for a way to profit from falling oil prices?

The web hosting company set to go public on Friday looks like a solid bet, but investors should be aware of some red flags.

Dell is announcing Wednesday that it has become carbon neutral by turning out the lights in its offices, buying wind power and protecting endangered forests in Madagascar.

The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac.

Mortgage finance giant Freddie Mac, in a sign of continuing woes for the housing and financial markets, reported a much bigger than expected second quarter loss and slashed its dividend on Wednesday.