Sometimes you do everything right -- you work hard, you cut back on spending, you invest for retirement -- but all of your effort seems for naught. What happens when doing all the right things doesn't work?
For two decades now, Major League Baseball has funded its rise from corporate slacker to gilded cash cow on the backs of taxpayers bullied into buildi...
I recently reviewed the portfolio of a young man who had inherited almost $1 million. He thought his portfolio was "well diversified" because almost all of it was invested in an S&P 500 Index Fund. Several issues were apparent, which you might be able to relate to your investments.
At a conference in New York at the end of 2008, Obama's economic advisor, Larry Summers made a prophetic remark at an event organized by the Economist.
SAN FRANCISCO -- Federal prosecutors dropped all the remaining charges against Barry Bonds on Wednesday, days after a judge upheld the slugger's convi...
Most of us pay state and local sales taxes on most things we buy, and most casino gambling is subject to state taxes ranging from up to 6.75 percent i...
The world's most powerful country was brought to the edge of financial chaos by Mrs. Bachmann and her Tea Party cohorts. Americans should never forget the damage that they have caused the whole nation.
With the now-lower rating on the U.S. government debt assigned by the major rating agency, the Standard & Poors, the bonds and bills investors find themselves questioning as to what to do with their investments: how to find riskless replacements for the now-risky U.S. bonds?
If Congress gets smart, goes back into negotiations immediately and comes up with a credible plan to implement budget savings of more than $4 trillion over the next 10 years, the world will have renewed faith in the its largest economy.
With less than a week until the August 2 deadline to raise the debt ceiling, the Treasury Department is said to be weighing its choices about whom it ...
Mirroring issues in the EU, a problem of debt cannot be solved by yet more debt. With the threat of a downgrade looming, any rise in interest rates could make the situation worse, hitting the tax payer and U.S. exporters.
NEW YORK -- The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a cre...
Between May 28 and June 13, 1981, The Clash, in their only American appearance that year invaded New York City and changed the way concerts were sold ...
Stock prices around the world have fallen sharply in response to the growing likelihood that the Greek government could default on its debt and plunge...