This fall, as Americans prepare to mark their ballots, Republicans are hoping that voters' minds will be focused on one (and only one) simple question: Are you better off today than you were four years ago? Unfortunately for the GOP, the answer isn't quite as clear as they'd like.
American Airlines and US Airways are one step closer to a potential merger. The companies said Friday they signed legal documents allowing them to confidentially exchange information. But a deal is still far from reality.
As consumers, we welcome Walmart's low prices. But they're doing the U.S. more harm than good. A new research report has found that low prices have actually caused unemployment to rise, and dealt a massive blow to the manufacturing sector.
In its second quarter, General Motors beat analysts' estimates with a profit of $1.5 billion, as losses in its troubled European division were less than many experts had predicted. That wasn't necessarily good news, though.
Each year, 24/7 Wall St. compiles a list of 10 brands it predicts will disappear in the near-term. Their list of those fated to vanish in 2011 proved to be fairly prescient. Which old familiar names may soon be gone? Read on ...
GOP presidential candidate Mitt Romney spends a lot of time touting his record on job creation. But when he ran Bain Capital, he also made jaw-dropping profits in leveraged buyouts of companies that later went bust, costing more than 11,000 Americans their jobs.
For as long as Amanda Chatel could remember, her dad had warned her about the dangers of credit cards. Then she got to college and began ignoring those warnings -- repeatedly.
The cost of filing for bankruptcy has risen in recent years as a result of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, which aimed to reduce the number of bankruptcies by adding more requirements to the filing process.
American Airlines executives hoping to bring the deficit-riddled carrier out of bankruptcy want to trim about 13,000 jobs. They left their unions' counteroffer sitting on the tarmac. Will the two sides ever be able to meet in the middle?
Former NBA superstar Allen Iverson earned $154 million from his Sixers salary alone during his career. Now, he owes more than he can pay. How did it happen, and what lessons can his fiscal foul-ups teach to the rest of us. The answers are distressingly simple.
Gary Busey joined the ranks of the insolvent last week, filing for bankruptcy. But he's by no means unique: There's a whole subset of celebrities practically defined by their inability to live within their enormous means. Check out our gallery of fiscally fallen stars.
College costs are rising, student loan debt is nearing $1 trillion, and money is still tight everywhere. So if you're a parents or a soon-to-matriculate student, you'll want to hear what the Princeton Review's Rob Franek has to say about the best value colleges of 2012.
A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. Many were quick to note that the foundation of financial security lies in being ready when disaster hits. Here are some of their best suggestions for planning for those rainy days.
As surprising as it may seem to many of us when large corporations with familiar brands vanish suddenly from the scene, it happens. Major companies like Saab, Borders, and Countrywide -- just to same a recent few -- are now history. Who's next? Read on ...
Once, Kodak was one of the world's most recognized brands -- it's little yellow film boxes were everywhere. Now the the film is a relic, and the company that benignly ruled Rochester, N.Y., for a century is in Chapter 11. A Kodak kid reminisces: