| Aug 1, 2013
WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...
| Aug 6, 2013
| 7:47 PM
In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans."
The civil suits,...
| Aug 9, 2013
| 6:18 PM
NEW YORK — The stock market's longest weekly winning streak in a year came to an end as summer doldrums set in on Wall Street.
Major U.S. indexes closed moderately lower Friday, with the Dow Jones industrial average sagging 72.81 points, or nearly...
| Aug 9, 2013
| 10:47 PM
Be patient. Hang in there. Keep trying.
In one form or another, that's the advice some real estate experts give buyers in dealing with this overheated housing market.
Yes, it is a good time to buy in terms of house prices and mortgage rates. If you...
| Jul 9, 2013
| 8:40 PM
WASHINGTON — After leading the way out of the global recession, China and other big developing economies now are growing slower, a significant shift in momentum that augers weaker world growth and softer demand for U.S. exporters.
| Sep 30, 2013
| 8:08 PM
NEW YORK — Political drama in the nation's capital fueled fears on Wall Street that a threatened federal government shutdown could plunge financial markets into turmoil.
The Dow Jones industrial average skidded 128.57 points, or 0.84%, to 15,129....
| Aug 14, 2013
| 2:51 PM
Southern California Edison wants you to feel (and help pay for) its pain in shutting down the San Onofre Nuclear Generating Station. Judging by the letters we've received so far in reaction to Edison's full-page ad in Monday's Times saying as much,...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...
| Aug 21, 2013
| 8:44 AM
WASHINGTON -- The Federal Reserve could start reducing its bond-buying program next month, but won't raise its near-zero short-term interest rate until at least 2016 -- a year later than current central bank projections suggest, Pimco Chief Executive...
| Aug 21, 2013
| 5:21 PM
WASHINGTON — Analysts are widely expecting the Federal Reserve to dial back its bond-buying stimulus program next month. So are bond investors and emerging markets. And it looks as if the Fed is too.
Although such action is not a sure thing, the...
| Oct 17, 2013
| 11:52 AM
Home prices and sales fell last month in the Bay Area as the tech-rich region mirrored a cooling trend elsewhere within the state.
The median home price in the nine-county region fell 1.9% from August to $530,000, while sales dropped 17.1% -- a...