Given the choice between immediate gratification and savings for the future, most Americans opted for new Italian loafers or a flat screen TV. Bucking that trend is the recent 6.9% saving rate increa

The core inflation rate -- which strips out food and energy prices -- slid to an annual rate of 1.4% in the third quarter from 2% in the second quarter. Low inflation, courtesy of a weak economy, giv

Vivus (VVUS) is raising the bar on erectile dysfunction drugs, potentially becoming the latest formidable competitor to Viagra and Cialis in the $3.8 billion market. Investors in the California-based

Ursula M. Burns graduated from college nearly 30 years ago, when “women CEOs were non-existent” and “black women CEOs were unimaginable,” as she told this spring's graduating

Almost nothing about Sheldon Adelson’s remarkable rise to wealth was conventional. There were no silver spoons, no Ivy League degrees, no friends in high places.Instead, Adelson became one of t

Getting kicked down stairs at a small home-improvement company made Kenneth Langone rich and has saved millions of do-it-yourselfers big bucks.In 1978, the legendary investor got into a tiff with the

Bank overdraft fees that can turn a cup of coffee into a $40 expense disproportionately hit the young and the poor, consumer groups are complaining to Congress.Last year, overdraft fees -- charges wh

No one goes into Walmart (WMT) and asks to pay extra sales tax. Thus sales taxes are reasonable barometers for retail sales. This week we look at how taxes are doing in a period of economic recovery.

Don’t sit around in shock, take action.The shock of being laid off barely had time to set in before Jim Wessel began looking for another job.Released as purchasing director for a resort one Fri

The days when your mailbox is deluged with credit-card offers may be coming to an end. In fact, a recent survey conducted by the Federal Reserve said many banks will be reducing the number of credit