Consumers borrowed more for 8th month in May

Americans took on more debt in May and used their credit cards more for only the second time in nearly three years, stepping up borrowing […]

It doesn’t pay to be sentimental

Stocks and mutual funds are investments, not friends.
They have nothing to do with a dearly departed relative who willed them to you.
They harbor no warm […]

Exxon Mobil ordered to pay $1.5B for Md. gas leak

Exxon Mobil is being ordered to pay more than $1.5 billion in damages to 160 families and businesses affected by a 2006 gasoline leak in […]

Raise taxes on wealthiest, Obama challenges GOP

In a blunt challenge to Republicans in Congress, President Barack Obama insisted Wednesday that elimination of selected tax breaks for oil companies and the super-wealthy […]

IMF says hopes to name new chief by June 30

The International Monetary Fund said Monday it will interview the two leading candidates for the top job at the 187-nation lending institution this week with […]

Tax preparer jailed for filing bogus charity claims

A judge has sent a Brampton tax preparer to prison for three years for fraud after he filed more than $34 million in phoney charitable […]

Several area construction projects advance

Several Post-Dispatch business stories have covered such topics as the renovations of notable St. Louis buildings, preservation of a mid-century modern enclave in Kirkwood and […]

Wash U students get glimpse of European fashion market

Not just anyone can get a tour of Coco Chanel’s Paris apartment above her boutique at 31 Rue Cambon.
That was the case when Chanel was […]

Sony to report $3.2 billion annual loss

Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with […]

LinkedIn’s stock up 90 percent in market debut

LinkedIn’s stock nearly doubled in its market debut Thursday because of huge investor demand for the first major U.S. social networking company to go public.
The […]