financial crisis

Beijing -- China's economy this year is expected to grow about 8 percent from last year, while inflation is held at 3 percent, Premier Wen Jiabao said Friday.

New York, February 2 -- Toyota Motor Corp. issued a public statement on Monday apologizing to all its U.S. customers for the recent recall fiasco.

You'll find them everywhere that retail sales numbers are reported: "same-store sales." You might not think too much about the term, but it's important to understand what it's telling you.

"Never, ever think about something else when you should be thinking about the power of incentives."
 -- Charlie Munger

Recently, we answered the question, "If I had to buy a big bank ..."

I've successfully scared the heck out of some of you with predictions of the dollar's looming demise.

"We simply cannot walk away from the worst financial crisis since the Great Depression and not do everything in our power to reform the system," Treasury Secretary Tim Geithner said in a hearing in September in front of the House Financial Services Committee.

After millions of borrowers learned the hard way how credit cards work, change has come. Back in May, a bill was signed into law intending to protect consumers from the dark, ugly world of borrowing money at high interest rates.

Lehman Brothers was the linchpin, according to Simon Johnson. "When you let Lehman Brothers fail, it brought down a lot of other pieces of the financial system, including most prominently AIG (NYSE: AIG)," the economist said during a recent visit to Fool HQ.

According to a Prince and Associates survey conducted during the height of the financial crisis, four out of five high-net-worth investors were planning to take money away from their financial advisors. Surprised? I'm not.