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Business

Stocks rally as debt deal moves forward

Hibah Yousuf -
NEW YORK (CNNMoney) -- U.S. stocks rallied at the open Monday, as investors await a final vote on a deal struck by...
Business

US debt limit really doesn’t limit debt

WALTER R. MEARS AP Special Correspondent -
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Business

Oil rises above $97 after US debt deal reached

Guest Contributor -
SINGAPORE (AP) -- Oil prices rose above $97 a barrel Monday in Asia after U.S. lawmakers struck a last-minute agreement to raise the government's...
Business

Debt ceiling fix could mean problems for states

SUSAN HAIGH and DINESH RAMDE Associated Press -
HARTFORD, Conn. (AP) -- The cost of the compromise needed to raise the federal debt ceiling likely will inflict more fiscal pain on states...
Business

HSBC to cut 30,000 jobs in global overhaul

MEERA SELVA Associated Press -
LONDON (AP) -- British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank...
Business

Congress moving quickly on debt and spending deal

Guest Contributor -
WASHINGTON (AP) -- Congress is moving quickly on an agreement to avert a potentially devastating default on U.S. obligations, with legislation that mixes a...
Business

Text of Obama remarks on debt ceiling

Guest Contributor -
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Business

Economy slowed sharply in first half of year

Guest Contributor -
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Business

African-American Middle Class Eroding As Unemployment Rate Soars

John Roberts -
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Business

Sony sinks to $199M quarterly loss on disaster

Guest Contributor -
TOKYO (AP) -- Sony Corp. sank to a 15.5 billion yen ($199 million) quarterly loss, hurt by the disasters in northeastern Japan, a massive...
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