The credit crisis deepened as Hungary and Ukraine turned to international institutions in an effort to avoid following Iceland into financial turmoil and US industrial production suffered its largest monthly decline since 1974

President George W. Bush will leave a decision to shut the Guantánamo Bay prison camp to his successor by not pressing Congress for legislation to help close it - even though the Pentagon drafted options to do so, according to

Banks and markets are tumbling but the crisis is benefiting the Italian prime minister, whose treatment in some parts of the media is nearing North Korean levels of adulation

Billions of pounds of government spending are being brought forward to give an emergency boost to the UK economy as it heads into an expected recession

NEW YORK, October 17 (newratings.com) - Analysts at CK Cooper initiate coverage of Concho Resources Inc (ticker: CXO) with a "buy" rating. The target price is set to $31. [more]

NEW YORK, October 17 (newratings.com) - Analysts at Jefferies & Co initiate coverage of Arris Group Inc (ticker: ARRS) with a "hold" rating. The target price is set to $7. [more]

NEW YORK, October 17 (newratings.com) - Analysts at Janney Montgomery Scott initiate coverage of Compass Diversified Holdings (ticker: CODI) with a "buy" rating. [more]

NEW YORK, October 17 (newratings.com) - Analysts at Stifel Nicolaus & Company downgrade AMCORE Financial (ticker: AMFI) from "buy" to "hold." [more]

NEW YORK, October 17 (newratings.com) - Analysts at Stifel Nicolaus & Company downgrade NGP Capital Resources (ticker: NGPC) from "buy" to "hold." [more]

NEW YORK, October 17 (newratings.com) - Analysts at Janney Montgomery Scott initiate coverage of Gladstone Capital Corporation (ticker: GLAD) with a "buy" rating. [more]

NEW YORK, October 17 (newratings.com) - Analysts at Janney Montgomery Scott initiate coverage of Patriot Capital Funding (ticker: PCAP) with a "buy" rating. [more]

Today's New York Times comments that colleges need to reform their credit card practices - "to only do business with credit card companies that steer clear of commonly used but unscrupulous credit card terms that take advantage of students. That

by Eldar Shafir, Michael Barr, and Sendhil Mullainathan. From the abstract: "Regulation is largely stuck in two competing models-disclosure, and usury or product restrictions. This paper explores a different approach, based on insights from behavioral economics on the one hand,

Join us this November 12th in Mountain View, California for a one day, Advanced Workshop on Emerging Payments taught by Jay DeWitt, Russ Jones, and Allen Weinberg from Glenbrook Partners. At this workshop, we'll be talking about the potential impacts

She announced this at a press conference.

Investors of at least a dozen companies finally have some reasons to cheer. They could sell their stocks even in this tanked market and net a cool profit over the current market value of their investments.

The Centre may hike the minimum support price of wheat to Rs 1,080 per quintal for next marketing season beginning April 2009.

HDFC Ltd announced a net profit of Rs 534.23 crore for the second quarter ended September 30, a 17.35% decline over the corresponding period a year ago.

The country's foreign exchange reserves dropped $9.9 billion to $274 billion, the RBI said in its weekly statistical supplement.

Pune-based IT services and BPO firm Zensar Technologies posted a net profit of Rs 18.56 crore during the quarter ended September 30, 2008 a growth of 31.16 per cent over its net profit figure of Rs 14.15 crore reported during