Filed under: Economy No matter what the earnings season brings, the job market in the U.S. looks more grim with each passing report. According to the Labor Department, for the week ended March 28 , the number of people collecting state unemployment benefits reached a new record, gaining 95,000 to 5.84...

Filed under: Company News , Economy There’s no shortage of evidence that banks’ woes have damaged businesses in other industries. Now, with automakers nearing the precipice, it may be the financial industry’s turn to suffer some collateral damage. Many of the banks at risk do business...

Filed under: Economy Federal Reserve officials spoke about “tight” credit markets and “fragile” financial markets, according to the minutes of the March 17-18 meeting, which were released today in Washington. “Pressure on financial institutions,” was “generally...