U.S. bank regulators closed Silver Falls Bank on Friday, the 14th U.S. bank to fail this year as the struggling economy and falling home prices take their toll on financial institutions. The Federal Deposit Insurance Corp... [full story]

Reporting from Beirut -- Throughout history, men braved the odds to perform great feats. Outmatched generals snatched victory from the jaws of defeat. Titans of industry gambled on bold innovations to reap jackpots. Athletes... [full story]

Juggling glasses of white wine and baggies filled with baubles, dozens of women descended on a well-appointed Orange County home this week to trade in their old golden treasures for hefty checks. There were earrings from... [full story]

In a snow-swept field northeast of Edmonton, a slender green smokestack rises like an impudent finger gesturing rudely at the economic carnage around it. The stack is surrounded by industrial debris, including big tube-like... [full story]

If it's Friday, there must be a bank failing somewhere across the country. For five consecutive weeks, industry regulators have seized control of a bank after the market closed on Friday, bringing the total number of failed... [full story]

The Obama administration today sought to quash talk that nationalization of some major banks was inevitable. That was at least good enough to pull bank stocks up from their lows, in a brutal session overall. "This administration... [full story]

The deeply troubled U.S. economy was on the cusp of deflation in January, but prices in Canada still showed a bit of momentum. A rise in the price of energy in January compared to December meant that U.S. inflation rose... [full story]

The Toronto stock market fell more than 200 points Friday as bank stocks sold off amid nationalization worries in the United States and energy stocks retreated along with oil prices. Falling financials also pushed the Dow... [full story]

The decline of the Russian ruble continued on the Moscow Inter-Bank Currency Exchange Wednesday, February 18, which marked the end of the short stable period for the Russian currency. The dollar went up to 36.43 rubles per... [full story]

Widespread fear about ailing banks and a deepening recession buzzed through global markets on Friday, pushing gold futures above $1,000 an ounce as investors fled risky assets such as stocks, and snapped up government bonds... [full story]