The Federal Trade Commission put an end to the operations of Debt Relief USA Inc. in a proposed resolution of allegations that the credit-card-debt relief business enticed consumers into paying thousa…

The struggling Ohio-based papermaker owned by Cerberus Capital Management LP, NewPage Corp., is in negotiations with its lenders that would keep the company buoyant during possible bankruptcy proceedi…

Swiss multinational financial services company Credit Suisse AG has decided to cut its euro- area and U.K. economic growth forecasts for the years 2011 and 2012. Credit Suisse has cited "a deteri…

Credit cards for business entities are now being marketed with rewards programs and perks. In a move to make these business credit cards popular among the companies, the banking companies are marketin…

The slow economic situation has got its next vixtim, print media, with firms trying to consolidate their position in the only way they can. Bay Area News Group is ready to drop as many as 120 jobs in …

Creditors of the Washington Mutual company may not have to wait with baited breath for much longer, since decision on the company's status of bankruptcy is soon to be revealed.
Judge Mary Walrath…

After the credit crunch that took place in 2008, banks didn't give many loans to the small business units so as to avoid any financial risk. But there are many business units that still need credi…

For those who are close to retirement, the ideal situation is to enter it debt-free. But for many consumers who are carrying high levels of credit card debt, this will be difficult to achieve. The dif…