iOS app Android app

Business News

Welcome To The Anti-Foreclosure Show

Reuters | Posted 02.06.2013 | Business

* NACA has hosted more than 100 events to assist homeowners * Group plays middleman between borrowers and banks * Forecl...

AIG Pummeled By Hurricane Sandy

Reuters | Posted 02.06.2013 | Business

Dec 7 (Reuters) - Insurer American International Group Inc on Friday said it expects after-tax losses of at least $1.3 billion from...

America's Trickle "Up" Economy and the Rationalization of Inequality

Sanjay Sanghoee | Posted 02.06.2013 | Business
Sanjay Sanghoee

By linking the welfare of working-class Americans directly to the prosperity of the rich, the Republicans can protect the insulated interests of corporations and the wealthy without the fear of backlash.

Chris Kirkham

Despite Upbeat Headline, Jobs Report Masks Low-Paying Reality

HuffingtonPost.com | Chris Kirkham | Posted 12.07.2012 | Business

From the looks of the latest monthly snapshot of the American labor market released by the government on Friday, a long-bleak jobs picture is finally ...

Jeffrey Young

Where Are The Jobs? Hospitals, Nursing Homes And Doctors' Offices

HuffingtonPost.com | Jeffrey Young | Posted 12.07.2012 | Business

The overall recovery of the U.S. economy is still sluggish, but if you're looking for work, you'd be wise to consider the health care sector. The h...

Both Online and In-Store Shopping Continues To Be Driven By Technology

Daniel Burrus | Posted 02.06.2013 | Business
Daniel Burrus

Cyber Monday, which is the Monday after Black Friday, was originally put together by e-commerce companies (think Amazon.com) in an attempt to give peo...

November Jobs Report Hides Dark Details

The Huffington Post | Mark Gongloff | Posted 12.07.2012 | Business

Another month, another jobs report with something for both the optimists and pessimists. Here's something both should agree on, though: The job market...

November Jobs Report: U.S. Economy Adds 146,000 Jobs As Unemployment Rate Drops

Posted 12.07.2012 | Business

The U.S. economy added 146,000 jobs in November as the unemployment rate dropped to 7.7 percent, the Labor Department said Friday. (SCROLL DOWN FO...

Deemed Unsafe Months Before Deadly Blaze

AP | JULHAS ALAM | Posted 02.06.2013 | Business

DHAKA, Bangladesh — The factory where 112 garment workers died in a fire should have been shut down months ago. The fire department refused to r...

Something Unusual About Today's Jobs Report

The Huffington Post | Jillian Berman | Posted 12.07.2012 | Business

Mark Gongloff is off the newsletter this morning, so today's 7.5 Things are brought to you by Jillian Berman. Thing One: Jobs Day Way Less Exciting...

Apparently Allowing Money Laundering Could Cost You

Reuters | Posted 02.04.2013 | Business

By Carrick Mollenkamp and Brett Wolf NEW YORK/WASHINGTON, Dec 5 (Reuters) - HSBC Holdings Plc might pay a fine of $1.8 ...

$1.5 Billion And Counting: Health Insurance Customers Saved Big Money Last Year

The Huffington Post | Jeffrey Young | Posted 12.07.2012 | Business

Health care reform rules aimed at pressuring health insurance companies to become more efficient saved consumers nearly $1.5 billion last year, accord...

Sabrina Siddiqui

Geithner: Administration 'Absolutely' Prepared To Go Over Fiscal Cliff

HuffingtonPost.com | Sabrina Siddiqui | Posted 12.05.2012 | Business

WASHINGTON -- Treasury Secretary Timothy Geithner said Wednesday that President Barack Obama’s administration is “absolutely” willing to go off ...

3 Things We Learned From This Year's Black Friday/Cyber Monday Shopping Spree

Daniel Burrus | Posted 02.04.2013 | Business
Daniel Burrus

The National Retail Federation recently released the statistics for shopping on Black Friday weekend, including Cyber Monday, and a record 247 million...

Company Abandons Plan To Skirt Obamacare After Backlash

AP | CANDICE CHOI | Posted 02.04.2013 | Business

NEW YORK -- The owner of Olive Garden and Red Lobster says it won't bump any full-time workers down to part-time status, after its tests aimed at limi...

Citi To Slash Thousands Of Jobs

Reuters | Posted 02.04.2013 | Business

* Cuts include technology and support jobs around the world * Consumer banking due for 35 pct of restructuring charges * Company expects annual ...

Report: Ex-Worker Set Fire To Factory 'Because I Couldn't Get My Salary'

AP | Posted 02.04.2013 | Business

BEIJING — Chinese state media quoted a former worker as saying he set the fire that killed 14 young women at a Chinese undergarment factory beca...

You Won't See These At Greek Hospitals

Reuters | Posted 02.03.2013 | Business

* Supplies of gloves and gowns threatened by budget cuts * EU officials fear rising rates of superbug infections * Greek...

Jeffrey Young

Health Care Reform At A Price: How Better Benefits Could Cost Young People More

HuffingtonPost.com | Jeffrey Young | Posted 12.04.2012 | Business

President Barack Obama's Affordable Care Act may not live up to its name for some who will see higher health insurance prices than available in today'...

Apparently Trying To Skirt Obamacare Can Hurt Your Bottom Line

AP | Posted 02.03.2013 | Business

ORLANDO, Fla. — Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming fail...

Obamacare's Tax On The Rich Revealed

Reuters | Posted 12.11.2012 | Business

WASHINGTON, Dec 3 (Reuters) - The U.S. Internal Revenue Service has released new rules for investment income taxes on capital gains and dividends earn...

CEOs' Self-Serving Warning To Congress

Reuters | Posted 02.02.2013 | Business

* Uncertainty sparking layoffs, slowing investment * Executives sent letter to Obama, Congress, urging action * Critics ...

There Are Four Companies Making A Lot More Than All Of The Other Companies

Slate | Matthew Yglesias | Posted 12.03.2012 | Business

A striking chart from Morgan Stanley's Adam Parker shows that 2012 earnings growth among S&P 500 companies was highly concentrated, with 88 pe...

Bank Of America Isn't Raising Your Fees For Now

AP | Posted 12.03.2012 | Business

NEW YORK -- Bank of America is postponing an increase in monthly fees for checking accounts, according to a report in The Wall Street Journal. The pa...

The Libor Scandal Claims Its Latest Victim

Reuters | Posted 02.02.2013 | Business

* Settlement of rate rigging claims possible by yr-end * UBS says cooperating fully with investigations * UK rival Barcl...