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Goldman Sachs Reports $2.1 Billion Quarterly Loss

Goldman Sachs’s long run of profitable quarters came to an end Tuesday as the bank announced a fourth-quarter loss of $2.12 billion, driven by big ma[...] read more »
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Money Meltdown: The 25 Failed Banks Of 2008

You can click through CNBC's stupid click-inflating slideshow of the 25 failed banks of 2008, or just skim the handy rundown inside. It was a bad ye[...] read more »
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Laid Off? You Have 62 Days to Get Health Coverage

Make sure you know your health-insurance rights and options, because once you get that pink slip you have no time to lose. Here's what you need to d[...] read more »
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U.S. homes lose $2 trillion in value in '08

American homeowners will collectively lose more than $2 trillion in home value by the end of 2008, according to a report released today. Home values [...] read more »
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Nobel economist calls for gold standard, blames Keynesians

John Forbes Nash Jr., Ph.D., winner of the 1994 Nobel Memorial Prize in Economic Sciences, discusses the need for gold standard or other standard cap[...] read more »
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Santa's Not Coming: All KB Toys Stores To Be Closed

KB Toys has returned to Chapter 11 bankruptcy, says the Wall Street Journal, and will be liquidated by its parent company — Prentice Capital Manageme[...] read more »
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Social Networks Sinking in Poor Economy

The air seems to be coming out of the Web 2.0 bubble, squeezed by the economic downturn and the absence of many solid short-term business plans. read more »
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15 'Small Print' Ways Your Bank Makes Money Off You

Seven high street banks are appealing a High Court ruling over unfair bank charges. But when it comes to extracting money from customers, the banks a[...] read more »
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New Tools for Investing Nerds

People are starting to think more about saving–and investing–than spending, which is perhaps the sole upside to the market turmoil. Being an investin[...] read more »
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Netflix Lays Off 50 Employees, Blames Microsoft

In a corporate blog post today, Netflix (NFLX) said 50 of its technical specialists in its customer service group will be let go at the start of next[...] read more »
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Five Sexist Trends the Advertising World Just Can't Shake

This was a big year for women: The first serious female presidential candidate, the first predominately female state senate, the first female Top Che[...] read more »
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The Strong Get Stronger In Recession

Cash-rich companies can afford to ratchet up pressure on competitors. In this downturn, the strong are getting stronger and the ones with cash are ge[...] read more »
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50 Ways to Spend $1 Billion This XMas (if You Could)

Financial crises being what they are, chances are good you'll never spend a billion dollars in your entire life, let alone this holiday season. But [...] read more »
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The Recession: What Top CEOs Are Thinking

The CEOs of some of the nation's largest corporations didn't need the National Bureau of Economic Research's Dec. 1 pronouncement to realize the c[...] read more »
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5 Financial Books to Help You Through This Recession

Entire sections of bookstores are dedicated to teaching people how to become superstar millionaires. Well, with the National Bureau of Economic Resea[...] read more »
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