Two surprises in the finance biz: A small group of bond investors has thrown a wrench into Bank of America's massive mortgage securities settlement, while the Fed revealed a secret $15 billion loan it made to Goldman Sachs in 2008. But in retail, there are no bad surprises on same-store sales so far.
Just as the euro has begun recovering from Ireland's meltdown, another financial crisis is brewing in Spain. The country could be headed for a bailout or reorganization, experts say. How low could the euro go?
While General Motors wouldn't say exactly when it plans to go public, CEO Ed Whitacre told reporters Thursday that the company plans to file IPO paperwork "in the near future" and plans to sell shares all at once, instead of in smaller chunks.