JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
When Facebook goes public it will cost between $28 and $35 per share, potentially netting the company $13.6 billion.More >>
When Facebook goes public it will cost between $28 and $35 per share, potentially netting the company $13.6 billion, with Mark Zuckerberg making $1 billion by himself.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges: It is still largely decentralized, and has lost its hold on the support of the public.More >>
Postal bill averts 3,700 post-office closings for at least two years.More >>
Postal bill averts 3,700 post-office closings for at least two years, but fails to address deeper, structural problems in how the postal service manages a vast operation.More >>
Postal Service closings could mean longer lines and possibly slower delivery.More >>
Postal Service closings could mean longer lines and possibly slower delivery. But the alternative to Postal Service closings would mean using tax money.More >>
Electronics retail giant Best Buy has named the 50 stores it plans to close as it struggles in the face of tough competition from e-commerce giants such as Amazon.More >>
Americans foresee, on average, gas prices at $4.75 a gallon within three months. They most blame the oil industry and Wall Street. But they expect politicians to act.More >>
The economic fallout from pink slime is just beginning.More >>
A major beef processor has declared bankruptcy, citing the backlash against 'pink slime.' The economic fallout from pink slime is just beginning.More >>
Harsh questioning from the Supreme Court majority has touched off new political calibrations over Obama's health-care law. In some ways, Democrats could be the winners.More >>
Gas prices jumped 5 cents a gallon last week on average, even as oil prices stabilized a bit. When gas prices reach $4 a gallon, motorists begin to change their habits.More >>
More than 7,000 sites are going "black" to protest the "Stop Online Piracy Act" (SOPA) and the "PROTECT IP Act" (PIPA). Here's everything you need to know.More >>
Despite a record jump in revenue, Netflix still failed to satisfy investors after announcing today that it had lost more than 800,000 subscribers in the past quarter, and will go into the red during the fourth quarter to pay for international growth.More >>
Unless current health trends are reversed, five common, non-infectious diseases -- cancer, diabetes, heart disease, lung disease and mental health problems -- will cost the world $47 million in treatment costs and lost wages.More >>
Netflix CEO Reed Hastings finally apologizes for the price hike two months ago and reveals that DVD (and now video game) rentals are going to be run by a new company called Qwikster.More >>
Steve Jobs has exited Apple's daily operations. Digital Trends examines what will happen to Apple in the days, months, years, and decades ahead without Steve Jobs at its helm.More >>
In a surprise move, Google has purchased communications giant Motorola Mobility in an attempt to further "protect" its Android operating system from patent profiteers.More >>
President Obama spoke to the nation on the evening of July 31, 2011 to address the deal reached to bring the debt ceiling negotiations to an end.More >>
You might or might not "like" the man, but it's pretty hard to argue with the social media behemoth he's created. Here are five lessons you can learn from Mark Zuckerberg's success.More >>
Here are Obama's remarks regarding financial regulatory reform, including his desire "to put in place rules that will allow our markets to promote innovation while discouraging abuse."More >>
