Anti-social: Zynga tumbles after Facebook IPO

Social media stocks just aren’t feeling the love, despite Facebook’s highly-anticipated stock market debut.
Shares of Zynga (), which generates the lion’s share of […]

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JPMorgan suffers big loss

JPMorgan Chase, in a surprise announcement, said Thursday that it has suffered trading losses of $2 billion since the start of April.
The group that […]

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Postal Service bill faces roadblocks

A Senate bill passed this week to rescue the indebted U.S. Postal Service is drawing fire from key agency officials and House Republican leaders.
And […]

Fallen China politician’s son defends himself

The son of fallen Chinese politician Bo Xilai is defending himself in an extraordinary letter to Harvard University where he is a graduate student.
Bo Guagua […]

Can stocks extend their first-quarter win streak?

The zigzag in the stock market this past week may leave you wondering queasily: Will this quarter build on the blockbuster gains from the start […]

N.Y. Fed markets group chief Brian Sack to resign

Brian Sack, who oversees the U.S. Federal Reserve’s dealings with Wall Street and was seen as a “rising star” within the central bank, will […]

There is no student loan ‘crisis’

Total student loan debt has topped $1 trillion … but there’s no need to panic.
Most borrowers have a reasonable amount of debt, and the […]

Australia plans $288M subsidy for General Motors

The government announced Thursday a 275 million Australian dollar ($288 million) subsidy for General Motors Co. to guarantee it continues to manufacture cars in Australia […]

National gas prices up 18 cents in past 2 weeks

The average U.S. price of a gallon of gasoline has jumped 18 cents over the past two weeks.
That’s according to the Lundberg Survey of fuel […]

Official: Caterpillar to build plant in Georgia

An official familiar with the project says Caterpillar plans to build a new manufacturing plant in Georgia, bringing an estimated 1,400 jobs to the state.
The […]