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For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: Ron Johnson, Earnings, Prices, Coca-Cola Co., Macy's
WASHINGTON — Britain and the Eurozone are steadfastly sticking to austerity measures despite increasing evidence that such action alone isn't working to revive their economies and is dragging down global growth. Such persistence, analysts said,...
WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...
WASHINGTON — Private-sector employment growth and expansion in the vital service sector slowed last month, raising concerns about the strength of the recovery ahead of Friday's government jobs report. Payroll firm Automatic Data Processing Inc....
Surging truck sales paved the way for one of the biggest auto sales months in nearly six years. That's a sign of the housing rebound making its way into new construction, as contractors buy new pickups. Growth in the vital housing and auto industries...
Tight housing supply and strong demand in January pushed a leading home price index to notch its sharpest annual increase in more than six years. The price jumps in big U.S. cities are driving down negative home equity and giving a boost to the new-home...
WASHINGTON -- The American job market appears to be holding up fairly well in the face of higher payroll taxes this year and uncertainty over government budget cuts -- so far anyway. The payroll processing firm ADP said Wednesday its data showed that...
This post has been updated. See below for details.WASHINGTON — Residential construction starts in January fell sharply from last year's soaring year-end activity, the government said Wednesday. The pattern in the latest housing data is similar to that of other major economic indicators of late....
You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor's concocted a fraudulent scheme that contributed to trillions of dollars in investment losses...
Tags: Justice System, Laws, Mortgages, Ratings, Criminals
WASHINGTON — New filings for unemployment claims fell last week, and the total number of workers receiving jobless benefits dropped to a 4½-year low — further signs of the gradual recovery in the labor market. The Labor Department said...
PolitiCalA major Wall Street rating agency said Monday morning that Gov. Jerry Brown's latest budget proposal shows California's finances are on the mend. But the agency, Moody's Investors Service, cautioned that California's progress could easily stall given...
WASHINGTON -- The Justice Department plans to file a civil lawsuit against Standard & Poor's for its ratings of mortgage-related investments leading up to the financial crisis, the company said Monday. The suit focuses on S&P's ratings in 2007 of some...
May 10, 2013 |Story| Los Angeles Times
Apr 19, 2013 |Story| Los Angeles Times
Apr 15, 2013 |Story| Los Angeles Times
Apr 3, 2013 |Story| Los Angeles Times
Apr 2, 2013 |Story| Los Angeles Times
Mar 26, 2013 |Story| Los Angeles Times
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Feb 20, 2013 |Story| Los Angeles Times
Feb 9, 2013 |Column| Los Angeles Times
Feb 14, 2013 |Story| Los Angeles Times
Feb 4, 2013 | Los Angeles Times
Feb 4, 2013 |Story| Los Angeles Times
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