Financial & Economic Blog

Toyota Motor chief executive Akio Toyoda apologized Friday for the problems that led to the company's recall of more than 8 million cars. But he did not announce any solution for brake problems of its popular Prius hybrid.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/aYnh3sYwVgc" height="1" width="1"/

Stocks sank Friday afternoon as worries about a growing debt crisis in Europe exacerbated uncertainty about the U.S. economic outlook, sending the dollar higher, oil and gold prices lower and pushing investors toward the comparative safety of government debt.img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/qLFv1V5UxHs" height="1" width="1"/

Stocks sank Friday afternoon as worries about a growing debt crisis in Europe exacerbated uncertainty about the U.S. economic outlook, sending the dollar higher, oil and gold prices lower and pushing investors toward the comparative safety of government debt.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/_PhhRT6mkh4" height="1" width="1"/

World-renowned short seller Jim Chanos -- the hedge fund manager who called the fall of Enron and the systemic problems cause by subprime mortgages --recently turned his gimlet eye on China. He saw a country whose rapid rise was hiding massive flaws: grossly inflated real estate prices, irresponsible construction lending, massive overbuilding, a banking system larded with bad loans, and unreliable government data. Fitch Ratings weighed in this week saying that China's banks face the greatest "bubble risk" of any Asian country.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/QpK9YDEpUrY" height="1" width="1"/

Treasurys rose Friday as concerns about struggling European economies overshadowed a mixed U.S. jobs report and boosted demand for safe haven assets.img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/o3cIW2_TKtg" height="1" width="1"/

Treasurys rose Friday as concerns about struggling European economies overshadowed a mixed U.S. jobs report and boosted demand for safe haven assets.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/fcHqN4qd7tI" height="1" width="1"/

Oil prices fell Friday after a mixed report on the employment picture.img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/z63ooDYIg2o" height="1" width="1"/

Oil prices fell Friday after a mixed report on the employment picture.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/1lFvJ1Da7OA" height="1" width="1"/

The government's monthly job report on Friday showed that the disastrous labor situation plaguing the nation's economy is moderating. But the report also underlines an unsettling reality: 8.4 million jobs have been vaporized since the recession began, and digging out won't be easy.img src="http://feeds.feedburner.com/~r/rss/money_latest/~4/zyIspfLn618" height="1" width="1"/

Investors are starting to get nervous again. And who could blame them?img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/pW0PZYUOkfs" height="1" width="1"/