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The FTSE 100 slumped to its worst week since the depths of the financial crisis as fears of a new global recession wiped more than $2tn (£1.2tn) from the value of stock markets around the world.
Household budgets are deteriorating at a faster rate than during the height of the recession in early 2009, according to an analysis of consumers' finances.
This post is by far, my most popular ever. [More]
Gov. Pat Quinn won a temporary halt on paying state employee raises that were due earlier this month. Cook County Circuit Judge Richard Billik granted Quinn’s request Friday to hold off paying the 2 percent raise.
The amped-up 500 we’ve been waiting for.
Just one year ago at the Los Angeles auto show, Fiat announced its official reentry into our country with the debut of the U.S.-spec 500. Since then, the brand has added the pseudo convertible 500C, but sales of all Cinquecentos have failed to impress. You...
The buzz surrounding Groupon and the frenzy over Facebook grow as they promise to change the face of Internet commerce. Yet, even after the share price’s bounce on its earnings, some analysts point to warning signals that should temper the growing exuberance both are...
Now that Subaru’s rear-wheel-drive sports car is just a couple of weeks from its debut—read our prototype drive here—the company has started talking about other new models. After introducing the BRZ Concept STI to journalists at the L.A. auto show, Subaru offered tidbits on a new crossover....
Markets slide on reports of deadlock between France and Germany in talks over how to expand the eurozone bailout fund, making a resolution by this weekend's crucial summit increasingly unlikely.
The Chicago News Cooperative, which produces public-interest journalism online and for the New York Times, is closing down Feb. 26, the Chicago Reader is reporting. The non-profit was launched in 2009. It has partnerships with WTTW-Channel 11 and WBEZ. Founder James...
East often meets West and vice versa, but did North frequently meet South when it comes to the history of people and technological innovations migrating across the continents? New genetic analysis suggests the way that continents are oriented may indeed have played a key role in our cultural...
