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  • U.S. stocks fall; Dow slips below 13000

    U.S. stocks closed sharply lower Monday following disappointing job growth in March. The Dow fell 130 points to 12929, its first close below 13000 in a month. 

  • The New Economy Unemployment rate: Recovery leaves teens behind

    The March unemployment rate fell slightly for all workers and women, blacks, Hispanics, and Asians. For teens, unemployment rose. Why are fewer teens getting jobs?

  • US stocks plunge; Dow down 124

    US stocks suffered their worst losses in a month amid renewed worry over European debt. US stocks on the Dow lost 124 points to close at 13074.

  • Secret Service probes major credit card breach

    Credit card breach at an Atlanta card-processor affects Visa, MasterCard, American Express, and Discover. The number of accounts affected by the security breach is not yet known. 

  • Sagging consumer confidence lowers stocks

    The Dow fell 43 points to close at 13197 Tuesday as weak readings on consumer confidence gave investors little reason to extend the recent rally.

  • Saving Money Bye-bye free checking. Hello fee checking.

    Free checking is disappearing as banks scramble to make up lost revenue. Will the government's new finance watchdog step in and regulate bank's new checking fees?

  • Stocks down amid falling Chinese demand

    The Dow dropped 68 points to close at 13170 Tuesday after two reports suggested an economic slowdown in China.

  • 10 best cities to buy short sale homes

    Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?

  • Trayvon Martin case draws celebrities, feds join investigation

    Trayvon Martin's shooting death is attracting celebrity attention, including Spike Lee, Wyclef Jean, and Mia Farrow. The US Justice Department opened its own probe into the Trayvon Martin case in Florida. 

  • Mets make deal with Madoff trustee

    The settlement avoids a civil trial for the club and means they'll have to pay far less than they otherwise might.

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Endeavor Global, cofounded by Linda Rottenberg (here at the nonprofit’s headquarters in New York), helps entrepreneurs in emerging markets.

Linda Rottenberg helps people pursue dreams – and create thousands of jobs

She's chief executive of Endeavor Global, a nonprofit group that gives a leg up to budding entrepreneurs.

 
 
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