The cuts are part of a restructuring plan at Pepsi Bottling Group, which cut its forecast for full-year earnings, citing weaker foreign currencies.

The layoffs, 90 percent of which will be in Hong Kong, is a further indication that the Asian financial community is being affected by the global financial crisis.

The banking giant Citigroup announced that it would cut 50,000 jobs in the coming quarters, largely by selling assets.

The banking giant, which a decade ago set out to rewrite the rules of American finance, announced that it would cut 50,000 jobs in the coming quarters, largely by selling assets.

Circuit City fired its best employees and is now in bankruptcy. Are newspapers following the same path?

Rising unemployment and sharp drops in tax revenue are forcing states to face service cuts, hiring freezes, tax increases, or all of these.

The travails of a young company in Moscow offer a glimpse into the toll that the global financial crisis is taking on the budding entrepreneurial culture in Russia.

Whether Washington should let that play out — risking hundreds of thousands of jobs — is a central question Congress will weigh this week.

Belt-tightening has prompted a reconsideration of acceptable consumerism, even among the well-off.

Author Nicholas Nigro aims to be defiantly uplifting with a combination of psychological and financial self-help advice.