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SEC Probes Banks, Funds Over International Bribery Concerns

Posted 05.25.2011 | Business

(Reuters) The U.S. Securities and Exchange Commission is investigating whether banks and private-equity firms violated bribery laws in their dealings...

Hidden Meanings In 12 Popular Logos

Wallet Pop | Vickie Passmore | Posted 05.25.2011 | Business

Sometimes a company or brand logo is more than it first appears. For example, take a look at the hidden meanings or messages embedded in these 12 popu...

Municipal Debt Market Hits Worst Level Since The Financial Crisis

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As the financial struggles of cities and states become ever more worrisome to investors, the market in their debt has hit its lowest level since the f...

Treasury Launches Debit Cards For Tax Refunds

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Americans without bank accounts may soon be able to carry debit cards. The Treasury Department is rolling out a new program to let people collect tax...

Jobless Claims Jump, Wholesale Food Costs Surge

Posted 05.25.2011 | Business

WASHINGTON (By Pedro Nicolaci da Costa) - Jobless claims jumped to their highest level since October last week while food and energy costs lifted pro...

Food Prices Causing Unrest As World Governments React

Posted 05.25.2011 | Business

BEIJING/SEOUL (By Niu Shuping, Tom Miles and Kim Yeonhee) - China dumped plans to import several million tonnes of expensive corn in 2011 and South Ko...

Judge Approves Enormous Settlement For Madoff Victims

Posted 05.25.2011 | Business

NEW YORK (By Grant McCool) - A U.S. judge approved a $7.2 billion settlement on Thursday to pay former customers of the Madoff firm, the largest yet ...

William Alden

New Face Of The Homeless: Middle Class Families Reduced To Poverty

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

SANTA ANA, Calif. -- Three and a half years ago, Kathleen Cooke was breathing easy. Having left her well-paying job for a new career as a teacher, she...

Rich Nations Not Adding Enough Jobs, World Bank Says

Posted 05.25.2011 | Business

WASHINGTON (By Pedro Nicolaci da Costa) - Economic growth in the world's wealthier nations is still too slow to create enough jobs for the tens of mi...

60% Of New Jobs Were In Low-Paying Areas

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Following last week's disappointing job report, investment research group TrimTabs brings us an even sharper picture of an economy not on the verge of...

U.S. Criticized Over Chrysler Financial Settlement

Posted 05.25.2011 | Business

WASHINGTON (By John Crawley) - The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not got...

Fed: Economy Expanded 'Moderately' In Late 2010

Posted 05.25.2011 | Business

WASHINGTON (By Pedro Nicolaci da Costa) - The U.S. economy strengthened as the year drew to a close, according to a report from the Federal Reserve o...

Big Retailer To Offer $99 Health Care Plan

CNN Money | Parija Kavilanz | Posted 05.25.2011 | Business

NEW YORK (CNNMoney) -- Beginning this month, Sam's Club shoppers stocking up on milk, detergent and toilet paper, can now also throw a basic health se...

UAW In Talks To Unionize Other U.S. Auto Plants

Posted 05.25.2011 | Business

DETROIT (Reuters) - The United Auto Workers has had preliminary private discussions with some nonunion automakers about organizing U.S. plants as it ...

Jamie Dimon: Be Afraid of Municipal Bonds

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As cities across the nation face increasing budget strains, the vocal group of experts warning about municipal defaults has gained a powerful member: ...

How Chinese Inflation Could Impact The U.S.

The New York Times | Keith Bradsher | Posted 05.25.2011 | Business

BEIJING -- When garment buyers from New York show up next month at China's annual trade shows to bargain over next autumn's fashions, many will face s...

AP Analysis: Jobs Crisis Still Strong, Economy Will Continue Struggling

AP | MIKE SCHNEIDER and MARTIN CRUTSINGER | Posted 05.25.2011 | Business

Higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation's economic stress in November, accordin...

'The Truth Behind The Jobless Recovery': Startups Can't Find Funding

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Even as the nation lacks the jobs to employ millions of workers, one crucial source of job-creation is being squelched: New businesses, which, accordi...

2 Schwab Units Paying $118.9M In SEC Settlement

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Charles Schwab Corp. on Tuesday agreed to pay $118.9 million to settle regulators' civil charges over disclosure of the risks of a ...

Good News for Real Estate: The Probable Scenario

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

A raging debate has been taking place concerning the health of real estate, and how long it will take to absorb the excess supply. Here is a probable scenario.

Big Banks To New Jersey: Stop Bugging Us About Foreclosure Documents

Daily Finance | Abigail Field | Posted 05.25.2011 | Business

When New Jersey tightened its rules for foreclosures in response to the crisis over false loan documents, it took the unprecedented step of ordering t...

Could The Federal Reserve Go Broke?

Posted 05.25.2011 | Business

WASHINGTON/CHICAGO (By Pedro da Costa and Ann Saphir) - The U.S. Federal Reserve's journey to the outer limits of monetary policy is raising concerns...

Fed Official: $600 Billion Bond Program Could Backfire

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — A member of the Federal Reserve's policymaking committee suggested Tuesday that the Fed may need to scale back its $600 billion Tre...

Hedge Funds Losing Their 'Sex Appeal'

Posted 05.25.2011 | Business

LONDON (By Laurence Fletcher) - Hedge funds may finally be losing their sex appeal. A small but growing number of investors believe these once-fre...

Wages Have Endured Worst Drop In Decades

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Wages for American workers have fallen dramatically since the financial crisis, in what will likely turn out to be the worst such plunge since the Gre...