Financial news on January 17, 2009
Business and Financial news
In a case linked to Bernard L. Madoff in 1992, federal investigators took some explanations at face value. Read more..
At the Sandler O'Neill East Coast Financial Services Conference in November, bank executives discussed their plans for some of the billions of dollars given out under TARP. Read more..
Hours after receiving another government lifeline, the bank announced gaping fourth- quarter losses on Friday. Read more..
The troubled consumer electronics chain is the latest retailer to go out of business. Read more..
Citigroup capped a devastating 2008 by announcing that it would split into two entities and that it had posted an $8.29 billion loss for the quarter. Read more..
Consumer prices advanced at their slowest pace in 50 years in 2008 as the weakening economy suppressed demand for cars, clothing, electronics and a host of goods and services. Read more..
The company will reduce costs as businesses and consumers slow travel because of the global recession. Read more..
Buying stocks of sound, blue-chip businesses and holding a lot in cash may be possible to do with a single transaction. Read more..
Camps say they are hearing from a number of parents who are wondering if they will be able to afford the tuition. Read more..
Answers to some common consumer questions about Circuit City’s liquidation. Read more..