News and Finance

MONTREAL–Montreal La Presse says it has reached an agreement in principle with three more of its eight unions, making it increasingly likely the newspaper will […]

The U.S. government is reviewing whether the World Bank needs a capital increase after several development banks requested more funds, said John Kerry, the […]

A far-reaching Senate proposal to overhaul the financial system would create three new agencies, while wiping out existing ones, to monitor risky bank practices […]

Advanta Corp, a small business credit card lender, on Sunday said it filed for bankruptcy protection after the economic crisis over the last two […]

The Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to […]

When Richard Clark was named CEO and president of Merck in 2005, the drug behemoth was reeling in the wake of the Vioxx scandal, […]

Consumer credit pulled back for the seventh straight month in August, led by a steep decline in credit card usage, a government report said […]

The CEO who succeeds the departing Ken Lewis at Bank of America Corp. will have plenty of work to do, including mending relationships with […]

It helped Elizabeth Poelker buy her house.
It probably helped Paul Medler sell his.
But is the $8,000 tax credit for first-time homebuyers really […]

Bank of America and JPMorgan Chase said Monday they will reduce overdraft fees and overhaul checking account options, amid a burgeoning backlash over banks’ […]