Monday, August 31, 2009

Illinois files bias suit against Wells FargoRead full story for latest details.
5 more banks failRegulators shut down five regional banks Friday, the Federal Deposit Insurance Corporation said, bringing the total number of banks to fail in the United States to 69 this year.

Thursday, August 27, 2009

Dealers warned off Cash for ClunkersDespite the Obama administration's promises that any Clunker deals written this weekend would be honored, the National Automobile Dealers Association is advising its members to play it safe and not close any more deals until the program's fate is clearer.
Have we hit the bottom?A government report Friday showed that the economy is no longer falling off a cliff, but that doesn't necessarily mean we can slam the door on the recession.

Monday, August 24, 2009

Obama: Recession's not over yetRead full story for latest details.
Nissan unveils 'Leaf' electric hatchbackRead full story for latest details.

Wednesday, August 19, 2009

Electronic health records: A checkupGetting an electronic health record system in place by 2014? Tough.
Health care reform: What small business wantsAs Congress prepares to do battle over health reform, a parallel dispute is shaping up among small-business groups that are staking out opposing positions on a key element of reform proposals: whether Uncle Sam will take on a bigger role in offering insurance coverage or leave the field to the private market.

Tuesday, August 11, 2009

Retired? Flex your investing muscleQuestion: What is the most aggressive asset allocation that a 70-year-old retiree should have? --Martin Reynoso, Albuquerque, New Mexico
Optimism about the economy stalls - pollA new national poll indicates that nearly half of all Americans think the economy has stabilized, but only one in eight believes that a recovery has started.

Tuesday, August 4, 2009

Bonds steady ahead of jobs dataBond prices were little changed Thursday as investors awaited a slew of economic reports at the end of the holiday week.
Oil falls on economic concernsRead full story for latest details.