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Business :: Finance

New Rules Adopted in Hopes of Spurring Home Loans

FINANCE | By Marcy Gordon | Wednesday Oct 22, 2014
Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules.

IBM 3Q Disappoints as it Sheds 'Empty Calories'

FINANCE | By Michelle Chapman | Oct 21
IBM disappointed investors, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Shares fell more than 7 percent.

Apple Pay Q&A: What You Need to Know

FINANCE | By Anick Jesdanun | Oct 21
Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

Poll: Many Insured Struggle with Medical Bills

FINANCE | By Ricardo Alonso-Zaldivar, Jennifer Agiesta | Oct 14
They have health insurance, but still no peace of mind. Overall, 1 in 4 privately insured adults say they doubt they could pay for a major unexpected illness or injury.

How to Plan for Retirement

FINANCE | By Ric Reilly | Oct 12
After you follow the rules as best you can -- maximize savings, minimize spending and contribute to your retirement plan -- what then? When do you have enough to quit working and enjoy your "golden years?"

Consumer Borrowing up $13.5 Billion in August

FINANCE | By Martin Crutsinger | Oct 10
U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card borrowing.

FBI Wants Help Identifying ISIS Fighter

FINANCE | Oct 9
The FBI is asking the public for help in identifying Americans going to join or fighting with terrorist groups. David Martin reports.

New Research: Anti-Gay Laws Promote Poverty

FINANCE | By Sasha Razumikhin | Oct 8
The right to marry is but a small piece of LGBT equality, and new research is now illuminating just how rampant inequality is causing major hurdles to economic well-being for LGBT people.

Ways to Prepare for Possible Long-Term Care Costs

FINANCE | By Alex Veiga | Oct 3
Many of us hold on to an idyllic vision of our golden years, imagining we'll be in good health and living self-sufficiently in our own home.

Why the Bond Market is More Fragile Than You Think

FINANCE | By Bernard Condon | Oct 2
Main Street investors have poured a trillion dollars into bonds since the financial crisis, and helped send prices soaring. As fund managers and regulators fret about an inevitable sell-off, the bigger fear is there won't be anyone to buy.

New York Times Cutting 100 Jobs, NYT Opinion App

FINANCE | Oct 2
The New York Times Co. is launching another round of buyouts and layoffs, telling staff on Wednesday that it must cut 100 newsroom jobs to further reduce costs and focus resources on its digital operations.