The euro hit a new low Tuesday,after an American and British bank holiday. It hit $1.2112 , its lowest mark since April 2006. The European Central Bank commented saying ,in effect, that even with loan write downs peaking in 2010,the losses would”remain considerable” in 2011.

Microsoft, the world’s largest software company, would move employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.

Coincidence in Political contributions? Finding a pattern of GOP-contributing dealerships being closed to the benefit of nearby Obama-supporting dealerships.

U.S. News decided to find the states that offer the least helpful environment, and also do the most to harm business people through interference. What states are lagging in the economic advantages that entrepreneurs can use to create successful businesses?

The family who died in the crash near the location of the abortion victim’s memorial, is the family of Irving ‘Bud’ Feldkamp, owner of the largest for-profit abortion chain in the nation.

The Parent company of The Chicago Sun-Times newspaper has failed for Chapter 11 bankruptcy. So long old school “newspapers”, hello New Media!

Stocks slid within striking distance of the November bear-market low on Tuesday, as grim manufacturing data signaled the recession is worsening and warnings on risks facing European banks underscored the continuing toll of the financial crisis.

Kansas doesn’t have enough money in its main bank account to pay its bills, prompting the failed Democratic Gov. Kathleen Sebelius to suggest transferring $225 million from other accounts throughout state government.

Early summary of the 01/23/09 oppening bell press releases.

After hearing the new president’s inaugural address Tuesday, investors went back to unloading stocks. Financial companies led the market lower as investors worried about the state of the world’s banks.

Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy — Stocks Post Biggest Post-Election Drop on Economic Concern

House Democrats recently invited Teresa Ghilarducci, a professor at the New School of Social Research, to testify before a subcommittee on her idea to eliminate the preferential tax treatment of the popular retirement plans.

Update: Obama Mocks Joe the Plumber. Shocking! Obama’s tax plan; Obama explains his tax plan to a self-employed small business plumber telling him that his business will need to Spread the Wealth.

Nine years ago this month, the New York Times proved to be rather prophetic about the Mortgage Crisis

What ultimately caused the Mortgage Meltdown? We take an indepth look at the details and how it all happened.

We’ve been through tough times before. For the new, for the nimble, for the smart, for the swift, for the courageous, for the wise, for the entrepreneurs of the world we may be entering what will eventually be known as the best of times.

New York Mayor Michael Bloomberg warned Wednesday a “next wave” of financial pain may come from overseas if foreign entities stop buying U.S. debt.

Lehman Brothers, the fourth biggest American investment bank, filed for bankruptcy early Monday, leaving 30,000 jobless worldwide and $600bn in debt on what some called the most catastrophic day in a century for global financial markets.
The European Central Bank injected 30 billion to steady the markets, followed by the Bank of England, which earmarked 5 [...]

A combination would create a bank of vast reach, involved in nearly every nook and cranny of the financial system, from credit cards and auto loans to bond and stock underwriting, merger advice and wealth management.

The US Securities and Exchange Commission has opened a “preliminary inquiry” into how an outdated bankruptcy story sparked a $1 billion run on an airline’s stock value.
The article about how United Airlines filed for bankruptcy in 2002 was revived when it showed up on a newspaper site’s “most viewed” section on Monday.
From there it was [...]