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16Feb

It’s time to fix the 401(k)

Alicia Munnell is a Harvard-trained economist. She served as an assistant secretary of the Treasury and is regarded as one of America’s foremost experts on 401(k)s. You’d think she’d be terrific at managing her own retirement, but even she has to fess up to some mistakes. “When my son got married, I took some money out of my plan to help,” says Munnell, who heads Boston College’s Center for Retirement Research (CRR). “And I ended up paying a 10% penalty and taxes.”

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16Feb

Russian output plummets further

Russia’s industrial output sank 19.9% in January from the month before as the sector was hit hard by the economic downturn.

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16Feb

Oil up on ’supply crunch’ warning

Oil prices rise after the International Energy Agency says there could be supply shortages next year once demand picks up.

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16Feb

China warns against protectionism

China warns against protectionist measures by other countries, amid fears such action could aggravate the economic slump.

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16Feb

Chinese firm to buy Oz Minerals

Chinese firm Minmetals offeres to buy debt-laden Australian miner Oz Minerals for 2.6bn Australian dollars ($1.7bn, £1.2bn).

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16Feb

Japan’s economy in quarterly dive

Japan’s economy contracted by 3.3% in the final quarter of 2008 - its worst showing since the oil crisis of the 1970s, figures show.

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15Feb

The penny drops

Is innovation creating a cashless society in the UK?

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15Feb

Going straight

A prison turning drug dealers into legit businessmen

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15Feb

Business frozen

Downturn hits ski bookings in spite of perfect snow

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15Feb

FSA boss admits watchdog’s errors

Lord Adair Turner, chairman of the Financial Services Authority, admits that the regulator failed to spot that the banking system was too risky.

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