European Central Bank chief Jean-Claude Trichet says if Greece were to leave the eurozone and revert to the drachma that would be the "worst possible option." Trichet was speaking Saturday during a business conference on Lake Como.

The dollar slid Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the U.S. The better-than-expected jobs report helped boost traders' taste for riskier currencies.

Fannie Mae is cracking down on loan servicers that fail to follow through on foreclosures after it's clear that the borrower doesn't qualify for government or lender help.

Tina Greer, center, cries after learning her family has won the CP Federal Credit Union's "Wish Upon A Home" giveaway Friday afternoon at the credit union in Jackson.

It's been a long time since Mary Hidalgo, 89, has canned fruit at the local factory but she clearly recalls the little white lie she told on her first day of work in 1936 at Libby, McNeill & Libby's fruit cannery in Sunnyvale.

It’s always important to cultivate a strong relationship with your bank, but even more so during down times when business is challenging.

Kregg Hood, senior vice president of AG Financial Solutions, will be speaking in a financial chapel service at 10 a.m. Sept.

September 3, 2010 - FDIC Chairman Sheila Bair, in testimony before the Financial Crisis Inquiry Commission discussed how future systemic risks can be better managed and reduced under provisions of the Dodd-Frank Act. Chairman Bair also said that new liquidation authority under the Act is a fundamental factor that will allow the U.S. to end the ...

A two-building office complex in Richfield that recently scored a large lease from U.S. Bancorp will soon change hands for $66 million.

A New Jersey mortgage broker and former head of the Bergen County Improvement Authority accused of preparing fraudulent mortgage applications has made his initial appearance in federal court.

Tina Greer, center, cries after learning her family has won the CP Federal Credit Union's "Wish Upon A Home" giveaway today at the credit union in Jackson.

Setting off typically sees banks move between A 100 and A 200, usually to pay off a credit card account High Street banks have been accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.

Goldman Sachs & Co. has decided to shutter its principal strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress, according to a person familiar with the matter.

The news is bad enough that three homeowners out of four in the Las Vegas Valley owe more on their houses than they're worth.

Don't miss these top stories: Driving somewhere this weekend? If so, there's good news for you at the gas pump.

Alamo Group Inc.’s stock rose more than 3 percent from its previous trading day on Sept. 2, making it Friday’s stock market leader among local companies. (AXAS) (ALG) (CFR) (HHS) (KCI) (NS) (NSH) (RAX) (RUSHA) (RUSHB) (TSO) (GROW) (VLO)

We don't normally write about traditional tech companies such as those that launch out of Y Combinator , a seed stage accelerator program that funds and helps entrepreneurs launch web companies.

Since compensation wasn't always linked to the traders' performance, there was little to deter some from making gambles they otherwise wouldn't. But a new report that will be made public on Friday suggests the industry is making changes.

San Antonio businesswoman Jeanie Wyatt has been included on Barron’s Top 100 Independent Advisors of 2010.

Mariner Real Estate Management today announced the purchase of about $760 million in real estate loans from the Federal Deposit Insurance Corp.