The social network taps a fresh source of funds for $100 million and will buy more servers to support its growth in users and applications
As the economy teeters between bad and worse, one question looms: What's the best course of action? Here's what can be done. And what can't
Credit turmoil spread to the heart of the U.S. financial system as Bear Stearns Cos., an 85-year-old institution that has survived the Depression and World War II, sought and received emergency funding backed by the federal government.
The U.S. is at the receiving end of a massive margin call: Across the economy, wary lenders are demanding that borrowers put up more collateral or sell assets to reduce debts.
Six weeks ago, Microsoft CEO Steve Ballmer sent shockwaves through the tech world when he offered more than $40 billion to buy Yahoo. And about six weeks from now, Yahoo's unwilling executives may have their last, best chance to wiggle free of Ballmer's grip.
With a $200 billion plan to ease the credit crunch, a 21st century economy is getting the 21st century monetary policy it requires
The US dollar has fallen to a record low against the Euro and an 8 year low against the Japanese Yen this past week
When big banks have multibillion-dollar holes on their balance sheets, they make harsh margin calls even to their healthier clients. Here's how one fund got crunched by the credit crisis.
While you can't talk a strong economy into a weak one, maybe we're making things worse by focusing on the negative news
The US has seen an economic slowdown across all regions since January, a US Federal Reserve report says.
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