Business » Finance

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California Slips Back to No. 8 Economy in World

Jul 3
Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released.

Medicare Proposes Coverage Change on Short Hospital Stays

By Richardo Alonso-Zaldivar | Jul 3
Medicare proposed to ease a coverage policy on short hospital stays that has been criticized because it can result in higher costs for seniors.

China Scrambles to Reassure Jittery Stock Traders

By Joe McDonald | Jul 2
Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic reform plans.

The Latest from Greece: Moody's Downgrades Greece to Caa3

Jul 2
The latest news on Greece's financial woes: 3 a.m. President Barack Obama and Italian Prime Minister Matteo Renzi are discussing ways to keep Greece in the eurozone. The two leaders spoke by phone on Wednesday.

Pensioners Queue Outside Greek Banks Amid Withdrawal Limits

By Elena Becatoros | Jun 30
Banks and ATM machines were shut throughout Greece, the first day of capital controls announced by the government in a dramatic twist in the country's five-year financial saga.

Moving? Don't Leave Your House Behind

Jun 30
These days, when homeowners decide to move, more and more of them are taking their houses with them. Vinita Nair finds out what's involved in these major relocations.

New Survey: LGBT Couples Approach Money Differently

By EDGE | Jun 25
Talking about money on a regular basis may be the key to a happy relationship, according to research released today by TD Bank.

Average US Rate on 30-Year Mortgage Eases to 4 Percent

Jun 22
Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week.

US Factory Output Down in May, Hurt by Oil Refining Cuts

By Josh Boak | Jun 21
U.S. factory output slipped in May, hurt by a decline in oil refining that overshadowed solid gains by automakers.

Fitbit Shows Off Its Pipes in NYSE Debut as Shares Soar

By Marley Jay | Jun 19
Fitbit flexed some muscle and its shares rocketed almost 50 percent higher in the first day of trading for the fitness tracking gear maker.

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