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Investigation into S&P shows need for reform
When the S&P downgraded the US debt rating to AA, they may have expected some kind of backlash. Well, the backlash has begun with the US ... continue reading
Fear sends investors scrambling for cover
Despite hopes that the market might stabilize, volatility returned to Wall Street Thursday as major indexes dropped and gold reached a new ... continue reading
Good for Google, bad for you
Monday's news was dominated by Google's $12.5 billion acquisition of Motorola. What's not making the headlines are the quiet, yet serious ... continue reading
World bank head issues serious warning to political leaders
The head of the World Bank has warned that markets are being pushed into a "danger zone," which policy makers have to take seriously. In ... continue reading
Buffett calls out Congress for 'Coddling Billionaires'
"OUR leaders have asked for 'shared sacrifice.' But when they did the asking, they spared me. I checked with my mega-rich friends to learn ... continue reading
Google Gobbles Motorola Mobility
In a deal that has surprised many, Google has acquired Motorola Mobility in a $12.5 billion deal. The acquisition should place Google in ... continue reading
Bleak employment prospects for DC teens
With an average teen unemployment rate over 50 percent, teens who want to work in the District of Columbia are having a tough time getting ... continue reading
International stocks drop on news of US downgrade
International stocks are at an 11 month low as the world reacts to the downgrade of US sovereign debt. Despite hopeful economic news from ... continue reading
S&P Downgrades Freddie Mac and Fannie Mae
Fallout from last week's debt deal continues to send shockwaves through the economy. The latest effect has been the decision by the credit ... continue reading
Bank of America to pay the LARGEST BILL of the financial crisis
Bank of America will soon pay the largest settlement of the 2008 financial crisis. On Wednesday, the banking giant announced that it had ... continue reading
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