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Financial Transactions

How Post Offices Can Provide an Alternative to Payday Lending

Dedrick Muhammad | Posted 02.18.2014 | Black Voices
Dedrick Muhammad

The federal government has a history of intervening to provide important services not offered by the private sector. And with a gap in the financial services arena for low- to moderate-income Americans, the U.S. Postal Service is a great fit to meet this demand.

While You Were Sleeping

Richard C. Leone | Posted 05.01.2013 | Business
Richard C. Leone

While there have always been wide fluctuations in the markets -- booms and busts -- what is novel has been the system of financial rewards for key participants that evolved during the late 20th century.

Bank's Lax Controls Led To Drug Cartel Money Laundering

AP | MARCY GORDON | Posted 09.15.2012 | Business

WASHINGTON — Europe's largest bank had lax controls that allowed Mexican drug cartels to launder billions of dollars through its U.S. operations...

Group That Inspired Occupy Wall Street Now Calls For 'Robin Hood' Tax

Posted 12.24.2011 | Business

NEW YORK (Michelle Nichols) - An anti-capitalist group which sparked the Occupy Wall Street movement has called for global protests Saturday to de...