Sure, it might be highly discouraging to watch the successful progeny of dynastic wealth -- think the scions of the Houses of Trump, Hilton and Newhouse. But look around the ranks of corporate America's most prominent and you'll also find a wealth of self-generated wealth.
Take John Paul Dejoria,...
Posted August 9, 2010 | 13:18:53 (EST)
"When people ask me -- are we [experiencing] inflation or deflation? I say 'Yes'. We are experiencing both right now," economic researcher Chris Martenson said in a recent interview with Aaron Task of Yahoo's Tech Ticker.
How is it possible that the U.S. could be experiencing both inflation and...
Posted August 5, 2010 | 13:13:09 (EST)
On a recent episode of the Colbert Report, Stephen Colbert spoke to Barney Frank, Chairman of the House Financial Services Committee, about the possibility of Elizabeth Warren becoming America's first Consumer Protection Czar. Frank is pushing hard for Warren to get the job, which, Colbert joked, has the kind of...
Posted July 29, 2010 | 13:30:39 (EST)
These days successful celebrity marriages are rare gems. But throw in a thriving multimillion-dollar company and add a hefty dose of public scrutiny and things become even more complicated.
The tales of power couple splits are legion. In June, Al and Tipper Gore, a brand in their own right,...
Posted June 29, 2010 | 16:00:10 (EST)
Can't take celebrity prankster Ashton Kutcher seriously? Think again. The actor has built something of a mini-media empire and is one of a handful of celebs who are making millions in their side jobs.

Sure, there have been plenty of failed celebrity businesses and start-ups...
Posted June 28, 2010 | 16:54:05 (EST)
Can't take celebrity prankster Ashton Kutcher seriously? Think again. The actor has built something of a mini-media empire and is one of a handful of celebs who are making millions in their side jobs.
Sure, there've been plenty of celebrity businesses and start-ups over the years -- and many...
Posted June 28, 2010 | 10:00:40 (EST)
Stubbornly persistent unemployment has certainly inflicted more than a little economic stress, but that's not stopping Americans from enjoying their leisure time, according to new government data. The U.S. Bureau of Labor Statistics (BLS) recently released its 2009 results from the American Time Use Survey (ATUS). (Hat tip to the...
Posted June 2, 2010 | 14:54:21 (EST)
Reuters blogger Felix Salmon believes that if more and more struggling homeowners continue walking away from their homes, U.S. banks could be "toast."
As strategically defaults continue to rise, some homeowners are using their inability to pay their mortgage to live rent free -- often for more than a...

Posted August 17, 2010 | 13:12:55 (EST)