Citigroup CEO Vikram Pandit Announces Immediate Resignation
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
Watch CBS News
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
It is not easy for many people to ask friends and family for financial help, but a growing number of online companies are promising to help guarantee loans and leases for people who are unable to do it on their own.
A New Mexico food company that produced the peanut butter linked to an outbreak of salmonella poisoning has expanded an ongoing recall of its products to include raw and roasted peanuts.
Business leaders and owners in Brooklyn have been boasting of the burgeoning reputation for jobs and growth in the borough's downtown, in what they have called "Brand Brooklyn."
Analysts said gas prices in New Jersey should continue to drop as demand goes down.
TD Bank on Saturday began notifying about 260,000 customers all along the Eastern Seaboard that their personal information may have been affected by a security breach.
A new poll finds that 47 percent of New Yorkers say they are worse off financially than they were four years ago, compared to 37 percent who say their finances have improved.
Mortgage rescue scams are on the rise on Long Island, where housing officials are issuing an alert.
Federal officials issued a warning Wednesday night about counterfeit air bags that may have been put into their cars when repaired.
Bloomfield, New Jersey-based Club ABC Tours has apparently gone out of business, leaving customers from throughout the region stranded or out thousands of dollars in booking fees.
In this age when we are struggling with climate change and other environmental issues, people are looking for products that are eco-friendly.
The next time you go out to eat, you may end up paying more at your favorite restaurant. But it's not about what you're eating, it's about when. Soon, it could cost more just to be seated during high demand times.
By year's end, the securities industry is anticipated to earn $15 billion, according to the analysis from the comptroller's office.
Self-driving cars may sound like science fiction to some people, but in reality they have already arrived and their innovative features are sending the cars of today speeding towards a high-tech future.
Members of the New York Times guild staged a walkout Monday afternoon, protesting the state of contract negotiations with regard to compensation and benefits.
