Wall St. has created such an "obscene" standard of compensation that the big shots really believe "it's hard to live on just a half million dollars a year."

Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses.

05 Nov 2008 AT&T Inc. has joined the ranks of telecommunications companies that are exploring the idea of limiting the amount of bandwidth that subscribers can use each month.

Try $4.28 trillion dollars. That's $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources*. Are you enraged yet?

As Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is in the awkward position of paying about $30 million in retention bonuses to keep top executives while the company cuts thousands of jobs.

A senior Swiss executive at the banking giant UBS has been indicted in an investigation of the bank and its offshore private-banking services for wealthy Americans, federal prosecutors said Wednesday

Some G20 nations hope the weekend summit on financial reform will be a modern Bretton Woods, but can it make big decisions without Barack Obama?

Global institutional investors holding more than $6 trillion in assets pushed policymakers Tuesday to quickly hash out a binding agreement to cut greenhouse gas emissions and promote clean technology.

Four trillion yuan ($586 billion) will be spent on upgrading infrastructure, particularly roads, railways, airports and the power grid; on raising rural incomes via land reform; and on social welfare projects such as affordable housing and environmental p

After months of debating issues, the economic crisis became the deciding vote, and Americans went to the polls desperate for change on Tuesday, thus electing Democrat Barack Obama to serve as the nation's 44th president. An introduction to Obamanomics.