Financial Turmoil Grips World Markets
August 10, 2009 With household budgets as tight as ever, haggling is increasingly popular these days. Customers are contesting the price they pay at gas stations, chain stores and other places you might not think to negotiate. The key, says one pro, is always ask for a discount. If you don't ask, forget getting a deal.
August 3, 2009 Parents are gearing up for their children to return to school. Many states offer "sales tax" holidays on school-related items like computers, clothes and supplies. Parents like the discount and retailers enjoy the boost in sales. But this year, government budgets are squeezed and some say states can't afford the loss in sales tax revenue.
July 27, 2009 KCURFederal Reserve Chairman Ben Bernanke said last year's taxpayer-financed bailout of big financial companies was necessary to avoid "a second Great Depression." His comments came during a town hall-style meeting designed to reassure Americans about the economy.
July 14, 2009 The nation's No. 1 lender to small and mid-sized U.S. businesses is struggling financially. CIT Group has said it is holding advanced talks with the government about receiving emergency federal assistance. Treasury Secretary Timothy Geithner says he is monitoring developments.