Westsound Bank fails — 33rd of the year

Filed Under (Economic) by on 08-05-2009

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Original post by Economic news - CNNMoney.com and software by Elliott Back

More muscle in fraud fight

Filed Under (Economic) by on 08-05-2009

In a move that received little notice, Congress this week sent to President Obama a bill to appropriate $532 million to investigate mortgage and securities fraud.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Capital race is on for banks

Filed Under (Economic) by on 08-05-2009

The race to raise capital among banks has begun.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Stress tests: What they mean for lending

Filed Under (Economic) by on 08-05-2009

Now that we know from the government's stress tests that the American banking system will survive, the question remains what will happen to lending.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Geithner: US to give GMAC substantial aid

Filed Under (Economic) by on 08-05-2009

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Original post by Economic news - CNNMoney.com and software by Elliott Back

Jobs: A little less bleak

Filed Under (Economic) by on 08-05-2009

The unemployment rate hit a 25-year high in April, but there were signs of hope as the monthly job loss total fell to the lowest level in six months.

Original post by Economic news - CNNMoney.com and software by Elliott Back

When e-mail comes back to haunt you

Filed Under (Economic) by on 08-05-2009

Dear Annie: I'm in HR at a medium-sized company that is being sued by an ex-employee who was laid off and is now alleging age discrimination. His lawyer has filed a discovery request that includes all of the e-mails of certain managers here over a given period of time, and this has got the whole place in an uproar. Our own attorneys are telling us we need a better e-mail policy, since all we have right now is the standard notice that the computer systems belong to the company and can be monitored at will.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Oil climbs above $58

Filed Under (Economic) by on 08-05-2009

Oil prices rose Friday morning as signs of economic renewal in the world's biggest consumer of crude raised bets that energy demand will pick up.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Wholesale inventories at 16-month low

Filed Under (Economic) by on 08-05-2009

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Original post by Economic news - CNNMoney.com and software by Elliott Back

Job losses ease, but unemployment rate up

Filed Under (Economic) by on 08-05-2009

The unemployment rate hit a 25-year high in April, but there were signs of hope as the monthly job loss total fell to the lowest level in six months.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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