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No End In Sight As Obama Restarts Debt Ceiling Talks

AP | By ERICA WERNER | Posted 09.22.2011 | Politics

WASHINGTON -- President Barack Obama and congressional leaders are scrambling to find a way forward on a debt deal after House Speaker John Boehner th...

William Alden

Greece Debt Plan Doesn't Solve Fundamental Problems | William Alden | Posted 09.21.2011 | Business

A deal struck by European leaders providing debt relief to Greece has soothed fears of a fresh crisis, but the nation's ailing troubles -- and by exte...

William Alden

As Layoffs Hit Wall Street, Lowest-Paid Workers Lose Jobs | William Alden | Posted 09.21.2011 | Business

NEW YORK -- Layoffs have returned to Wall Street as investment banks bemoaning economic malaise and disappointing revenues are moving to pare their pa...

House Bill Pushes For Green Homeowners Plan

The Huffington Post | Chris Gentilviso | Posted 09.20.2011 | Green

Private homeowners relish the freedom to refurbish their homes as they please. With that freedom comes the onus of financing the cost of those changes...

States Cut Programs Helping Families Pay Electric Bills

AP | By TOM COYNE | Posted 09.20.2011 | Green

SOUTH BEND, Ind. -- Many states hit hardest by this week's searing heat wave have drastically cut or entirely eliminated programs that help poor peopl...

The Real Crime: Concentration of Power

Ralph Gomory | Posted 09.20.2011 | Politics
Ralph Gomory

The problem today is not the tyranny of government, but rather the concentration of money, and hence power, in Wall Street and in the largest corporations. And it is clear that enough money can buy political power.

Delta Making Progress With New JFK Airport Terminal

Gadling | Grant Martin | Posted 09.18.2011 | Travel

Delta's continuing investment into the New York City market is starting to bear fruit with the airline's refurbishment of John F. Kennedy (JFK) Airpor...

William Alden

Richard Cordray, A Financial Cop Known For Toughness | William Alden | Posted 09.17.2011 | Business

In nominating Richard Cordray to lead the fledgling consumer protection agency, President Barack Obama has chosen a man with a reputation as a defende...

Albany Considering Handing Check Cashers Blank Check for Predatory Lending

Jonathan B. Mintz | Posted 09.17.2011 | New York
Jonathan B. Mintz

A very dangerous bill has made alarming progress in Albany the last few legislative sessions and I fear more of the same in the next session.

Debt Ceiling Worries Are Way Overdone

Alan Schram | Posted 09.16.2011 | Business
Alan Schram

The United States is both financially and morally required to meet its obligations. Not doing so would expose an astounding lack of political leadership that would undermine the credibility of the country. But the disaster scenario -- default on US debt -- is still unlikely.

Second-Lien Loans May Prompt New Losses For Banks | GRETCHEN MORGENSON | Posted 09.16.2011 | Business

On Thursday, JPMorgan Chase said it earned $5.4 billion during the second quarter. On Friday, Citigroup said it earned $3.3 billion. Despite such h...

Starving SEC Helps No One But Wall Street

The New York Times | James B. Stewart | Posted 09.15.2011 | Business

The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that ca...

Greece's Prime Minister: 'It Is Time For Europe To Wake Up'

Posted 09.15.2011 | World

ATHENS, July 16 (Reuters) - Greece's Prime Minister George Papandreou ruled out bankruptcy for his debt-choked country and said it was time for Eu...

Lack Of Debt Deal Could Spell Trouble For Stocks

Posted 09.15.2011 | Business

(Reuters) - Stocks will be hard pressed to turn the tide of recent selling next week as political jousting over raising the United States' debt ce...

European Banks Must Bolster Capital Cushions: ECB Official

Posted 09.15.2011 | Business

(Reuters) - Banks that barely passed the European financial stress tests must swiftly reinforce their capital, ECB Governing Council member Erkki ...

Beyond A Default: Catastrophic Calculations

The Washington Post | Ezra Klein | Posted 09.15.2011 | Business

It’s easy to understand why the government will have more trouble borrowing if it fails to pay its debts. It’s a bit harder to see why ordinary Am...

SEC Starved By House Committee's Budget Cuts

New York Times | James B. Stewart | Posted 09.14.2011 | Business

The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that ca...

William Alden

U.S. Credit Downgrade Could Spark 'Turmoil' | William Alden | Posted 09.13.2011 | Business

Major credit rating agencies have called the reliability of American government debt into question, warning that they could issue a punishing series o...

Lila Shapiro

Layoffs Return, Along With Fears Of Deepening Economic Stagnation | Lila Shapiro | Posted 09.13.2011 | Business

In recent months, as the unemployment rate has unexpectedly climbed, experts have put the blame on a lean job market, asserting that employers still s...

Chris Kirkham

University of Phoenix Founder Sells $57 Million In Stock As Share Prices Soar | Chris Kirkham | Posted 09.12.2011 | Business

In the six weeks since the Obama administration issued weaker-than-expected rules governing student debt at for-profit colleges, the University of Pho...

William Alden

Bernanke Urges Lawmakers Not To 'Just Cut, Cut, Cut' | William Alden | Posted 09.12.2011 | Business

Federal Reserve Chairman Ben Bernanke urged American leaders not to cut spending too aggressively in the short term, warning that a sharp and quick re...

Boost Your Sales and Enhance Your Brand With Little-Known QR Codes

Jerry Chautin | Posted 09.12.2011 | Business
Jerry Chautin

Quick response codes have the potential to boost your sales, enhance your brand and turn your plain vanilla print advertisement into an interactive, m...

Ask The Expert: Do You Pay Extra To Use Your Card?

DailyFinance | Regina Lewis | Posted 09.12.2011 | Business

We got a lot of reaction to the article about how changes in debit and credit card swipe fees may affect you. Swipe fees are the charges retailers pay...

William Alden

Italy Crisis, Ireland Downgrade Intensify Euro Nightmare | William Alden | Posted 09.11.2011 | Business

The European debt crisis is escalating. Investors' fears that financial strain in Greece might spread to other nations garnered potent confirmation...

What Is Truth?

Lydia Fisher | Posted 09.10.2011 | Business
Lydia Fisher

Falsehood creates a convoluted mess, a sense of disorder. Hold that thought and think "cause and effect" -- the financial crisis largely created our fiscal crisis leading now to the US national debt ceiling problem.