BusinessWeek.com -- Finance

A Solution to the Housing Crisis Could Be at Hand

Wed, 08 Feb 2012 23:01:03 EST

Short sales and other measures are starting to clear the backlog

Bad Home Loans Top $72B for Banks

Thu, 09 Feb 2012 10:28:26 EST

Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices.

Employment Gains as America Ages

Wed, 08 Feb 2012 13:13:53 EST

A burgeoning population of elderly is fueling employment in health care and social assistance, which have both added jobs as the U.S. economy lost them

U.S. Seeks to Ease Offshore Bank Compliance Rules

Thu, 09 Feb 2012 06:53:53 EST

The Treasury Department and Internal Revenue Service have proposed to lighten the Foreign Account Tax Compliance Act’s tax-withholding and data-collection requirements

Credit Suisse Posts First Loss in Three Years on Revamp

Thu, 09 Feb 2012 14:54:09 EST

Credit Suisse Group AG, the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse” markets and costs to reorganize the investment bank.

U.S. Mortgage Servicers Enter $25 Billion Foreclosure Deal

Thu, 09 Feb 2012 14:48:22 EST

Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks reached a $25 billion settlement with 49 states and the U.S. government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.

Americans Gaining Energy Independence With U.S. as Top Producer

Thu, 09 Feb 2012 14:48:09 EST

The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.

Hartford’s McGee Resists Wall Street Press to Break Up Insurer

Thu, 09 Feb 2012 14:43:09 EST

Hartford Financial Services Group Inc. Chief Executive Officer Liam McGee, the ex-banker hired in 2009 to restore profits, is resisting renewed pressure from Wall Street to split apart the 201-year-old insurer.

Buffett Says Bonds Among 'Most Dangerous of Assets'

Thu, 09 Feb 2012 09:36:27 EST

Feb. 9 (Bloomberg) -- Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies

Buffalo Wild Wings Goes Wild

Wed, 08 Feb 2012 15:50:19 EST

Stock soars 16% after reporting a 34% rise in fourth quarter profits

Facebook's Road to IPO

Wed, 08 Feb 2012 11:59:19 EST

Feb. 8 (Bloomberg) -- A look back at how the social network grew from Mark Zuckerberg's Harvard dorm room to a company valued at nearly $100 billion

BlackRock's Fink Says `Be 100% in Equities'

Tue, 07 Feb 2012 19:51:43 EST

Feb. 8 (Bloomberg) -- Laurence D. Fink, chief executive officer of BlackRock Inc., talks about the outlook for global stocks, the U.S. economy and his investment strategy. Fink also discusses the European sovereign debt crisis. He speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

2/7: Today's Top Ten Most Important Stocks

Tue, 07 Feb 2012 16:18:21 EST

UBS' stock is down after the Swiss bank reported a plunge in profits in the fourth quarter

Bernanke's Own Words on U.S. Economy, Labor Market

Tue, 07 Feb 2012 14:55:21 EST

Feb. 7 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the U.S. economy, labor market and tax policy.¶ Bernanke, testifying before the Senate Budget Committee in Washington, said the job market is still far from healthy after signs of economic improvement over the past year. (Excerpts. Source: Bloomberg)