Sandra Fluke, the former Georgetown University Law School student who was called slut by radio host Rush Limbaugh, has given United States President Barack Obama her endorsement.
Ponzi schemes leave their victims in financial ruin and their perpetrators, if caught, with lengthy prison terms such as the 110-year sentence given today to Ponzi schemer and former Texas billionaire Allen Stanford. What is a Ponzi scheme?
So the financial crisis, Europe's inability to act in a big way to address its fiscal issues, and endless partisan bickering in Washington between Democrats and Republicans have prompted you to swear off stocks? Well, one school of thought argues, Panicking never made anyone a dime.
Moody's Investor Service's downgrade of Spain's sovereign debt sent the nation's borrowing costs sky high on Thursday. But as costly as this latest downgrade is, the next one could be even more devastating.
A campaign to root out corruption in China's soccer leagues and administrative institutions appears to be effective -- but for how long?
As Suu Kyi tries to become the face of a ?new? Burma, striving for democratic reforms, the country?s western province of Rakhine remains under a state of emergency.
Japan's industrial production declined in April from the previous month, according to the revised data released by the Trade Ministry Thursday.
Key decision makers in prominent business companies throughout Europe have criticised failing education systems for rising youth employment and have been clamouring for the implementation of dual education schemes to help reverse this worrying trend.
U.S. investors are getting back into real estate, but their efforts are being complicated by the uncertain housing market.
Precious and industrial metals have been moving higher over the past few sessions in spite of fundamentals, suggesting commodities traders are loading up on the physical assets in anticipation of seeing at least one of the world's major central banks turn on the money spigots later this month.
The 105-year-old, 20-story luxury hotel is currently jointly owned by El-Ad Properties, an Israeli-owned real estate firm; and Kingdom Holdings, a company based in Saudi Arabia.
JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.
JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit.
Protestors were present on Wednesday, June 13, when JPMorgan Chase chief executive Jamie Dimon testified on Capitol Hill in Washington. The activists reportedly heckled Dimon as the head of the largest bank in the U.S arrived to take his seat at a Senate Banking Committee hearing.
The vast majority of donations from members of the financial industry have so far flowed to Mitt Romney, according to an analysis by POLITICO.
Not every Haitian immigrant to the United States completes the dangerous journey to get there, but those who do can have a surprising effect on the quality of life upon the island of their birth.
The Indian economy will grow by 6.9 percent in the current financial year despite government's inaction in policy reforms and the fiscal and current deficits that slackened economic growth, says the World Bank.
Stock markets in Hong Kong and China advanced Wednesday following an overnight rally in Wall Street overnight.
The price of gold was flirting with the milestone value of $1,600 per troy ounce on Monday, but concerns about the euro debt crisis tempered the yellowish metal's advance, published reports state.
The European Union's ?100 billion ($126 billion) bailout of Spanish banks may have, at least temporarily, saved those institutions. But the rescue is being judged a failure by the markets, as it appears to have seriously damaged the government's ability to borrow from international creditors, something a country running on deficit financing for the foreseeable future is vitally dependent on.
Hackers gathered in Tel Aviv last week to discuss the state of cybersecurity, amid suspicions that Israel is behind attacks on Iranian computers.
Indian retail sector, which is one of the fastest growing in the world, is under immense pressure to allow the Foreign Direct Investment. With multi-national retail giants like Wal-Mart and CarreFour and foreign investors lobbying the government to throw open the retail sector, the government has made several futile attempts in the past two years to allow FDI in retail.
