Personal Finance News

At the height of the recession and the tumult in the stock market, many workers were stunned to see their 401 s shrink to 201 s. The average 401 plummeted 24.3 percent in 2008, according to the Employee Benefit Research Institute.

Question: I'm 23 and have been making a point of saving money in a savings account.

NEW YORK a ' Even though the economy is still suffering and many small businesses won't be hiring for some time, some companies are thinking about taking on more workers.

Americans have more than triple the debt they had in 1982, and less than half the savings.

In this Oct. 29, 2009, file photo House Majority Leader Steny Hoyer of Md. speaks during a news conference about health care on Capitol Hill in Washington.

What a difference a year makes. In October 2008, the candidate Barack Obama delivered a major economic speech in Toledo, Ohio.

After working for a vending machine company for more than 20 years, James O'Connor was replaced with someone younger.

Things turned Orwellian in the House Financial Services Committee this week when members - with the backing of the White House - passed an investor protection bill that would make it all too easy for thousands of publicly traded companies to cook their books.

As the unemployment rate surged to 10.2 percent in October, reaching double digits for the first time in 26 years, it suddenly seemed possible that the nation might yet confront the worst joblessness since the Great Depression .

Nov. 6 -- University of Michigan President Mary Sue Coleman talks with Bloomberg's Lori Rothman and Mark Crumpton about the university's finances and partnership with Google Inc.

The National Association of Insurance Commissioners on Thursday approved a proposal to establish a new model for determining ratings of residential mortgage-backed securities .

The American public has no say in Federal Reserve policy. But the gold market might.

In an attempt to help those who cannot help themselves from becoming obese, the government has implemented new legislative fiats requiring restaurants to post the calorie count of each item on their menus. Unfortunately, the heavy hand of government dictate is producing counter productive results. Consider the following study showing that ...

Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts.

Two former Bear Stearns hedge fund managers charged with lying to investors always were honest about the risks of investing in securities linked to the volatile subprime mortgage market, a defense lawyer told a jury on Friday.

The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher.

Nov. 4 - Wall Street veteran turns his pet passion into profits in franchising. SOUNDBITES: Eric Diaz, franchise owner, Aussie Pet Mobile No videos currently selected.

JPMorgan Chase & Co. , the biggest credit-card lender, and British Airways will offer new customers 100,000 airline miles, intensifying the battle for affluent spenders.

Two well-known companies surged in their market debuts Thursday despite what has recently been a difficult market for initial public offerings.