finance

For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world's tallest tower and dreams that reached even higher.

Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations the communication and entertainment device will shake up a local mobile market dominated by domestic giants Samsung and LG.

The nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending on basic necessities.

The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Walmart store in North America to unionize.

This was the sideswipe investors had feared.

Shades of the roiling energy markets that were set off last year by the crisis on Wall Street emerged again Friday with crude seeing the largest percentage drop in prices since January.

After a Northwest Airlines plane flew past Minneapolis last month, air traffic controllers asked the pilots repeatedly for explanations about why they didn't heed radio calls, according to transcripts released on Friday.

A spokeswoman for General Motors' Saab unit says several potential buyers have expressed interest in the Swedish brand after specialty car maker pulled out of a deal to acquire it.

Prentice Jones worked construction jobs around Chicago for most of his 60 years and is quick to boast of a foreman job he once held at a revamped city college and 23 years at a steel company.

They're getting nervous in Mayfair and Belgravia, London's hedge fund heartlands.

Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.

Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.

Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.

U.S. consumers turned out in strong numbers to hunt for holiday bargains on Black Friday, though many said they were spending selectively and industry executives questioned whether the momentum would last.

Rising fears of a possible debt default at a Dubai state-owned conglomerate is the catalyst for an "overdue correction" in equities and risk assets, the chief executive of top bond fund manager Pimco said in an interview on Friday.

Bank of America Corp , the largest U.S. bank, amended on Friday the compensation agreements of two senior executives, following a review by the pay czar.

The United Arab Emirate (UAE) has total debt amounting to $184 billion at the end of 2009, according to estimates by Bank of America-Merrill Lynch, which said the region faces a heavy redemption schedule until 2013. Dubai's shock announcement this week that it is seeking to suspend payments on debt of its state-owned conglomerate Dubai World and property subsidiary Nakheel has roiled global marke...

Years of chasing business in Dubai's property boom means Abu Dhabi banks have built up an exposure to Dubai-based companies worth at least 30 percent of their loan books, senior bankers in Abu Dhabi said on Friday.

Oil prices settled down more than 2 percent at about $76 a barrel on Friday as fears of possible defaults in Dubai convulsed financial markets and boosted safe-haven demand for the U.S. dollar.

Fears of a possible Dubai debt default rippled through markets for a second day on Friday, but the exodus from stocks and rush to the safe-haven U.S. dollar slowed as investors discounted contagion.

Wall Street traders scrambled to play catch-up after sharp downturns in Asian and European markets over the Thanksgiving holiday.

Residents are hoping a new immigration detention center can revive the remote Australian island’s economy.

Markets in Europe were flat after a sell-off in Asia sparked by news that Dubai’s main investment vehicle was seeking to suspend debt repayments.

Markets in Europe were flat after a sell-off in Asia sparked by news that Dubai’s main investment vehicle was seeking to suspend debt repayments.

Black Friday, the bargain-fueled day after Thanksgiving and the unofficial start to the holiday shopping season, began in the predawn hours in many parts of the nation.

Markets across Asia tumbled Friday, some nearly 5 percent, as fears mounted over Dubai’s debt problems.

When Congress mandated in 2007 that refiners blend a rising volume of ethanol into gasoline, fuel consumption had been growing for years. Then came the recession.

The Reader’s Digest Association won bankruptcy court approval for an outline of its turnaround plan after creditors withdrew their objections.

General Motors said on Thursday it would not close its Vauxhall plant in Ellesmere Port, England, and did not expect job cuts there.

Toyota is tackling an enormous recall in the United States and deep losses for the second consecutive fiscal year.

Rein in your risk and reap the rewards.

These companies' earnings handily beat analyst forecasts.

Nucor CEO Dan DiMicco shares his economic perspective.

Take the temperature of your stock.

Market-trouncing returns could be written in these five stars.

These solid stocks pay you to hold them.

Mainstream investments now offer options to shareholders.

Take the temperature of your stock.

Take the temperature of your stock.

Take the temperature of your stock.

Wall Street opens sharply lower as traders worry over bank exposure to potential Dubai World default.

The wobbly holiday retail outlook in North America and Europe.

Groupon, RetailMeNot, Swoopo and other new-fangled shopping sites can help you get great deals on practically anything.

Cutting costs to the bone and beyond at the end of last year lights the fuse for an upcoming earnings explosion.

Bill O'Brien wants Direct Edge to become the next registered stock exchange. Twice.

The uncertain federal estate tax is no excuse to neglect these basic planning moves.

Some retailers start price-slashing early, but day-after-Thanksgiving doorbusters abound.

Developing nations have embraced that much-maligned bastion of suburbia.

New technologies and plans that can help you save money.

Gifts and investment losses rise along with top pay.

2 Recommendations

Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.

2 Recommendations

Rising fears of a possible debt default at a Dubai state-owned conglomerate is the catalyst for an "overdue correction" in equities and risk assets, the chief executive of top bond fund manager Pimco said in an interview on Friday.

2 Recommendations

Prentice Jones worked construction jobs around Chicago for most of his 60 years and is quick to boast of a foreman job he once held at a revamped city college and 23 years at a steel company.

2 Recommendations

Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's fragile economy.

1 Recommendations

Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.