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GE jumps into retail banking with MetLife deal

General Electric Co agreed to buy life insurer MetLife Inc's online bank on Tuesday, in a deal that will let GE's capital arm expand its funding base and lessen reliance on wholesale markets.

IRS Writes New Accounting Rules for Asset Repairs

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The Internal Revenue Service issued new rules to clarify the difference between a business expense that is a repair and tax-deductible and one that is an improvement but not deductible right away.
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Europe's Markets

Europe's Markets Inch Higher Tuesday at Mid-Day

European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
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Greek retail sees worst Christmas sales in decades

Greece's stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period last year as the economic crisis shattered consumer confidence, the ESEE retail federation said on Tuesday.
Best Deals in Post-Holiday Sales Season

U.S. stores hope Mega Monday led to brisk sales

Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season.
SOPA is Dead

What is SOPA Bill 2012? 7 Things to Know About Controversial Legislation

As Congress debates the Stop Online Piracy Act and Go Daddy suffers for its early support, many Americans still don't know exactly what SOPA bill is or how it would affect their day-to-day lives. Here, read a complete and easy-to-grasp guide of the controversial bill and why it's so dangerous, from why it's supported to the threat of censorship it poses.
Tent city in Zuccotti Park

Building New York: Biggest Real Estate News in 2011

Sometimes, New York feels like its own country. Even as the rest of the U.S. struggles in the face of a down housing market, the New York of 2011 saw skyscrapers charge ever upwards, with pricing inevitably following. It is truly the global city, with developers, buyers and architects from around the world gathering to shape the future. Here are five of the biggest developments of 2011.
Samsung Galaxy S2 Skyrocket and Nokia Lumia 800

Samsung Galaxy S2 Skyrocket Dwarfs Nokia Lumia 800

Nokia's best high-end smartphone - the Lumia 800 - which is the fruit of its partnership with Microsoft is rumored to hit the U.S. market in January 2012. It will, however, face heavy competition from Samsung's Galaxy S2 Skyrocket, which has more specifications when compared to Lumia 800.
Bank of Canada says Greece exit not the cure

Economy runs out of steam in October

Canada's economy stalled in October after four consecutive months of growth, pointing to a fourth-quarter slowdown as increasing global uncertainty mutes expectations for next year.
Gift-Giving

7 Helpful Tips for Returning Gifts After The Holidays

As consumers exchange gifts for the holidays, many will be underwhelmed and dissatisfied with the gifts their friends, family and co-workers have given them. Stores have different policies on returns, so to help your post-holiday shopping woes we offer you seven helpful tips to remember to be sure you can return unwanted gifts with minimal hassle after the holidays.

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