Business News

Dec 2, 2008

Gloom and volatility returned to Asian markets Tuesday as investors dumped stocks following huge overnight losses on Wall Street and dismal U.S. economic reports revived fears of a global recession. Oil prices fell to three-year lows.

Dec 1, 2008

Montgomery County is helping its employees buy homes inside the county.   County Executive and County Council President Mike Knapp announced Monday the county's participation in Maryland's House...

Dec 1, 2008 | 1 comment

Businesses large and small are on the look out for shoplifters this holiday season.   As the recession deepens, some people become more desperate. Retailers lost more than $40 billion in merchandise...

Dec 1, 2008 | 1 comment

Who isn’t worried about their job right now? No matter how high up on the organization chart, any executive who isn’t looking over his or her shoulder these days needs a reality check.

Dec 1, 2008 | 26 comments

The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

Dec 1, 2008 | 9 comments

Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points.

Dec 1, 2008 | 2 comments

Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol, "The Twelve Days of Christmas." That's this year's cost, according to the annual...

Dec 1, 2008

Asian stock markets were mixed Monday as investors digested signs that the U.S. holiday shopping season got off to a tepid start over the key Thanksgiving weekend.

Nov 30, 2008

With jobless claims at a 14-year high, this is a good time to figure out what you’re entitled to if you’re laid off — or if you sense a pink slip may be in your future.

Nov 30, 2008 | 1 comment

Sales during the day after Thanksgiving rose 3 percent to $10.6 billion, according to preliminary figures released Saturday by ShopperTrak RCT Corp., a Chicago-based research firm that tracks sales at...

Nov 30, 2008

Are you self-employed and struggling to maintain a solid budget? TODAY financial editor Jean Chatzky offers advice on this, plus tips to pay off your debt and maintain your credit score.

Nov 30, 2008 | 21 comments

This holiday season is likely to be the worst for online shopping since it started. But that doesn't mean you won't face delays or slowdowns at retail Web sites on Cyber Monday...

Nov 28, 2008 | 1 comment

The Fairfax County Humane Society is helping people who can't afford their pets anymore by providing ani-meals.

Nov 28, 2008 | 1 comment

A group of Alexandria small businesswomen is pooling its resources to take on the shopping malls and big box stores.

Nov 28, 2008

While area retailers saw large crowds on Friday, many said some shoppers are still holding out for better deals.

Nov 28, 2008

Opening calls for the London, Paris and Frankfurt on Nov. 27, 2008.

Nov 28, 2008

 Stocks are ending a shortened session higher as investors cap a week of enormous gains with a focus on retailers. The stock market has closed three hours early Friday with moderate gains and has...

Nov 28, 2008 | 2 comments

Stores are pulling out all the stops on Black Friday and through the weekend to attract shoppers this year.

Nov 28, 2008

Apple kicked off its 24-hour Black Friday shopping event this morning with deals that include up to $101 off some MacBook and iMac models, and $21 off Apple TV, Time Capsule, and iPod touch.

Nov 28, 2008 | 1 comment

A parenting group compiles a list of 50 toys for kids of various ages that help them understand their world and improve their basic skills.

Nov 28, 2008 | 1 comment

Most Asian stock markets rose Friday as investors bought beaten-down shares on hopes that China's big interest rate cut will stimulate growth and optimism over Wall Street's four-day rally.

Nov 27, 2008 | 4 comments

Stores, malls and hotels could be next to fall as commercial property defaults start spreading.

Nov 27, 2008

A Florida woman recently received a notice in the mail from a law firm saying her home is being foreclosed.

Nov 27, 2008 | 3 comments

Don't get stuck with worthless plastic when a store goes out of business. Check out these buying tips before you storm the stores...