Fine art needs a fine German castle.

In the very, very old days, the social value of private transportation was easy to figure. A person could go no farther in a day than he could walk; if he got where he was…

Late this afternoon, the Treasury Department is scheduled to announce the results of so-called “stress tests” applied to America’s 20 largest banks. The idea is to determine how well they are prepared to handle further downturns in the economy.

The topic…

One way to report earnings.

This is earnings-report season for America’s banks, and lo, what signs and wonders it has wrought.

Goldman Sachs reported $1.66 billion in profits in the first quarter. JPMorgan Chase posted $2.1 billion in earnings. Bank of America,…

Here’s a fun fact to know and tell: In the coming baseball season, every single Major League Baseball player, no matter how crummy, will be paid at least as much as the president of the United States.

The big-league minimum salary goes…

President-elect Obama and Treasury Secretary-designate Timothy Geithner (AP Photo by Charles Dharapak)

In a bizarre demonstration of how important confidence is to the health of the American economy, President George W. Bush and President-elect Barack Obama held back-to-back photo ops Monday, 90…

Robert Cohen | Post-Dispatch

The tentacles of a deeply troubled global economy seem to find new territory every day as reports of the decline spread across all corners.

Our collective psyche is being inured from the daily parade of gloomy economic news: from 53,000…

The 4,800 St. Louis employees of Wachovia Securities have been reduced to helpless onlookers as two financial titans — Citigroup Inc. and Wells Fargo & Co. — battle to acquire the securities firm’s parent company, Wachovia Corp.
Wells Fargo seemed to get…