Stock markets dropped heavily on Monday as crude oil prices fell to the lowest level since mid-March and fears grew that big U.S. banks are imperilled by swelling bad debts. Toronto's ... [full story]

When the economy started to squeeze the Wojtowicz family, they gave up vacation cruises, restaurant meals, new clothes and high-tech toys to become 21st-century homesteaders. Now... [full story]

Wells Fargo & Co. stunned the world last week by proclaiming it had just finished its most profitable quarter ever. This will go down as the moment when lots of investors decided it was safe again to place blind faith... [full story]

Switzerland’s largest bank, plans to cut another 7,500 jobs, bringing total staff reductions to almost 20 percent of the workforce, amid mounting losses and customer defections.

Shares in General Motors Corp slumped more than 17 percent in Frankfurt on Tuesday amid growing concern the automaker might file for bankruptcy.

Net flows into ETF Securities' physically-backed precious metals exchange-traded commodities surged over 400 per cent in quarter one 2009 compared to quarter four 2008 - the most rapid pace of growth on record.

The Pentagon sponsored a first-of-its-kind war game last month focused not on bullets and bombs — but on how hostile nations might seek to cripple the U.S. economy, a scenario made all the more real by the global... [full story]

Zhu Min, executive vice president of the Bank of China, a government-run commercial bank, says that the Federal Reserve’s decision to print billions and billions in new dollars to head off the financial crisis would... [full story]

A look at why gold has emerged as a solid safe haven for investors while the ensuing global economic crisis continues, with Peter Munk, Barrick Gold chairman/founder.