Following the downgrade of 26 Italian banks earlier this week, credit ratings firm Moody’s Investors Service downgraded a slew of Spanish banks.

Digital is literally changing faster than the speed of light.

“The government shouldn’t be in the business of owning stakes in private companies for an indefinite period of time.” – U.S. Treasury announcement.

U.S. mortgage delinquency and foreclosure rates have fallen to their lowest levels since 2008, according to a new Mortgage Bankers Association (MBA) report.

After all, work is fulfilling, exciting, and gratifying but there’s a time when it’s healthy (and necessary) to remove yourself from it and take care of yourself.

On May 15, JPMorgan Chase & Co. Chairman and CEO Jamie Dimon was face-to-face with the bank’s shareholders at its annual shareholder meeting.

Voices predicting the disappearance or at least partial breakup of the euro are getting louder, especially after the latest election results from France and Greece.

A day after announcing narrowing loss for this year’s first quarter, Groupon Inc.’s stock surged as much as 27 percent to $14.93 on Tuesday. Along with Mondays 19 percent increase, the shares have rebounded by over a third so far …

Wireless venture LightSquared Inc. announced Monday that it has filed for bankruptcy to buy itself “sufficient breathing room” to resolve the concerns of U.S. regulators who impeded the company’s plan to deliver high-speed internet from coast to coast. 
The filing provided …

Yahoo! Inc. CEO Scott Thompson has resigned, the company announced, to be replaced by interim CEO Ross Levinsohn.