A Vermont ski town's future is tied to AIG's misfortunes and the dreams of its former chairman.

Read this before you drop the ax. You'll save yourself--and the departed--some grief.

Prince Alwaleed revealed plans to up his stake in the bank, but shares still headed south.

EVANSVILLE, Indiana (Reuters) - Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday.

NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.

SINGAPORE (Reuters) - U.S. crude oil dropped more than $1 a barrel on Friday, falling for sixth straight sessions as more distress for the global economy threatened to eat further into demand for fuels.