July 24, 2009, 6:21 PM / New York state banking regulators closed Waterford Village Bank late Friday and turned it over to the federal government, which sold its deposits and most assets to Evans Bancorp.
The tech sector's road to recovery just got a lot bumpier. Microsoft Corp's billion-dollar-plus revenue shortfall in its fiscal fourth-quarter abruptly dampened hopes that demand for PCs was on the mend and sent a spate of tech stocks tumbling after-hours on Thursday.
Interview and discussion with Jeffrey Lindsay of the Sanford C. Bernstein & Co. He says Amazon has a little bit of pricing power, but not that much.
Those greenbacks in your wallet have been losing their punch for months, thanks to a weaker economy and the government's aggressive attempts to fix it.
Citigroup has appointed three new directors to its board, as the bank continues to undergo a transformation and return to its focus on traditional banking.
Crude oil prices moved higher Thursday, reflecting a rally on Wall Street tied to better housing numbers - signs suggesting to some that energy consumption will rise soon.
Small-business lender CIT Group Inc. said Friday it has sweetened some terms of a buyback offer for $1 billion of debt and repeated that it may have to seek bankruptcy protection if enough noteholders don't agree to it.
07/24/09 The stories,data, and stocks that may have the greatest impact during the next trading session.
Key regulators on Thursday broke with the Obama administration, reaffirming their belief that some new powers to monitor big institutions against financial threats should go to an interagency council, not the Federal Reserve.
An investor looks at an electronic board showing stock information at a brokerage house in Wuhan, Hubei province July 10, 2009.
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