The U.S. Senate, bringing congress to the brink of passing the most comprehensive regulation of the financial industry since the Great Depression, approved a bill that imposes restrictions on proprietary trading by banks and creates a consumer protection agency designed to prevent lending abuses that triggered the housing collapse and the worst unemployment in almost three decades.
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The FTSE 100 index in London fell through the 5000 mark today for the first time since last November, as the European debt crisis continued to haunt stock markets around the globe.
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Just how much is a dead pelican worth? BP is about to find out. As the owner of the still-leaking oil well in the Gulf of Mexico, the oil giant will pay billions of dollars in damages, much of which will compensate for the birds, fish, mammals and plants that are killed by the accident.
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As companies' hiring freezes start to thaw, many laid-off individuals may see a chance to regain a position in their old companies. The odds of getting an old job back are better if you were let go for budgetary reasons and the company outlook has improved.
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Padding your resume. Everyone does it and you're an idiot if you don't, especially in this horrendous job market, right? I mean, it's just like driving 5 or 10 miles over the speed limit, expensing a few lunches that weren't exactly company business, or rewriting history of a failed relationship, just a little.
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Ariel Investments' John Rogers concedes it's a struggle getting minorities into the financial advisory business. While the industry has made strides, the efforts will take years.
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Europe's €750 billion ($950 billion) plan to defend its single currency may have been received with euphoria, but it was born of despair.
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Australia's May 11 budget forecast a return to surplus by 2012-13 (fiscal year ending June). Although government debt is much lower than in other high-income countries, the political climate demands a quick return to surplus, and an election is approaching.
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A recipe for the perfect business school graduation speech calls for reflection on the past, contemplation of the future, and a pinch of nostalgia, all delivered by a speaker who motivates and inspires graduates with a compelling personal story and informed insights.
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The financially neediest students are the least likely to apply for financial aid, according to a new study titled "The Financial Aid Challenge" by the College Board's Advocacy and Policy Center.
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Just five minutes and a genius business idea can win you big. Gone are the days of conventional business plan competitions. For this activity, up to six people will have five minutes each to sell their business idea to a mixed panel of venture capitalists, academic instructors and successful entrepreneurs – using only a whiteboard and marker. Sign up today!
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If you want to motivate your staff to succeed, then trusting them to manage their own time – and use the Net when they like, including for accessing social networks – could get you better results than offering more pay, says new data.
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Microsoft's revamped Hotmail, set to be rolled out in mid-summer according to the company's press release, introduces several new security features, among which are full-session SSL, visual indication for trusted email senders, and improved password recovery mechanisms.
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Even during periods of my life when I had a full-time job, I always had something that was just mine, where I held the reins.
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Your customers and clients are overloaded with e-mail every day. We asked experts for their tips and tricks for more effective e-mail marketing.
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The Senate's final version of Wall Street reform runs close to 1,600 pages. It takes a broad swipe at the rules that govern the financial sector. It aims to prevent future financial crises. It establishes a new consumer regulatory agency. It throws down new rules on complex financial products and creates a new way for the government to take over failing financial firms.
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In a sign that the state's struggling labor market may be strengthening, 14,200 positions were added by employers in April, the second straight month of expansion. With more people looking for work, the state unemployment rate remained steady at 12.6%.
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As the beginning of the summer travel season draws near, something strange is happening at the gas pump – prices are going down.
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"First in, last out" is a well-known accounting term, and it may also be the right phrase to characterize this economic recovery. Even though the economy began to expand in mid-2009, the sector that led us into the mess – credit – has remained in recession.
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Mexican President Felipe Calderon tried Thursday to convince U.S. lawmakers in a joint session of Congress that his war on the Mexican drug cartels is working, but there are signs he is starting to lose the confidence of big business.
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A good week for tea-partiers, bad for turncoats and incumbents, better than it might have been for the Democrats.
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When Kentucky Republicans cast their lot with Rand Paul, they figured they'd found a genuine outsider who wouldn't kowtow to the old ways of Washington. They were right about that.
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Much has been written about the challenges awaiting at-home mothers who decide to return to work. Few of them, though, have a tougher time of it than the stay-at-home dad.
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How black men became casualties of the cable TV battle between Roland Martin and Jon Stewart over neckwear.
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