Lowe's Cos. , the No. 2 home-improvement retailer, said Monday its third-quarter profit fell 30 percent as customers continued to delay large purchases amid a weak economy.
Lowe's to buy back up to $5 billion of its shares
Lowe's Cos., the nation's second-largest home improvement retailer, said Monday that it will buy back up to $5 billion of its common stock.
Foreclosure freeze could undermine housing market
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the...
Government Plans More Aid for Jobless Homeowners
The aid, about $3 billion, comes against the backdrop of a weakening economy, high unemployment and a housing market destabilized by foreclosures.
The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...
The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...
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