Money & Politics

Dow, S&P 500 slump on weak economic reports; investors flee risk

U.S. stocks fell Thursday, promising another nerve-wracking day for investors.

CrowdFunding conference brings experts to Utah

The Crowdfunding Professional Association and the University of Utah will host the first-ever national event that will analyze the impact of legal framework for equity-based "crowdfund investing" enabled by historic JOBS Act. Read more »

Published 4 hours ago

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Falling gas prices could help businesses

Oil prices dropped more than 3 percent on Wednesday to a six-month low, but gas prices are still much higher than they should be, Jim Cramer said on CNBC's "Mad Money." Read more »

Published 7 hours ago

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Dow, S&P 500 slump on weak economic reports; investors flee risky investments

U.S. stocks fell Thursday, promising another nerve-wracking day for investors who just endured one of the worst losses of the year. Read more »

Published 9 hours ago

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Stocks plummet as outlook in Europe dims

fearful of a rupture in Europe's financial system retreated Wednesday from risky investments. They punished stocks and fled to the safety of U.S. bonds, pushing the yield on the benchmark 10-year... Read more »

Published yesterday

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Oil prices drop; will gas follow?

The price of oil went south of $88 a barrel Wednesday, reaching its lowest level in seven months, according to CNNMoney. Read more »

Published yesterday

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Obama's health care aid to small firms disappoints

It seemed like a good idea at the time. Read more »

Published yesterday

2 comments

Deals with banks stack fees on students

It took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students' financial aid on debit cards. Read more »

Published yesterday

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Facebook's stock falls below $30 for first time

Facebook's stock fell $3.07, or 9.6 percent, to close at $28.84 on Tuesday. That's down 24 percent since its public stock debut. It went as low as $28.65 earlier in the day. Read more »

Published yesterday

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FCC, broadcasters clash over new rule on political ad data

The Paperwork Reduction Act may slow the implementation of a new Federal Communications Commission rule that will require broadcasters to post political ad data online, ProPublica reports. Read more »

Published May 29, 2012

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Self consumption is considered greedy, but Robin Hood is altruistic

Greed in and of itself is not a problem if markets are competitive. It is only when monopoly power can be imposed that economic inefficiencies arise. Read more »

Published May 28, 2012

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Spanish Banks Indicating Further Financial Stress

Confidence in Spanish banks continue to decrease as depositors begin to withdraw their funds. Read more »

Published May 28, 2012

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Greek stocks soar on pro-bailout party's poll gain

Greek stock markets rebounded strongly on Monday from a 22-year low on hopes a pro-bailout party will win crucial national elections next month, which would avoid a catastrophic rift with international creditors and keep the... Read more »

Published May 28, 2012

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Balancing act: Company offers 5 things to know when seeking work-life balance

According to a new survey of more than 1,400 CFOs, 41 percent said trying to balance work and personal responsibilities is their greatest source of workplace stress. Here are five things you should... Read more »

Published May 28, 2012

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Spanish PM insists banks won't need EU rescue

Conservative Spanish Prime Minister Mariano Rajoy insisted Monday that Spain's banking sector would not need an international rescue as concern over the bailout of nationalized lender Bankia sent... Read more »

Published May 28, 2012

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House GOP plans summer tax cut vote

The House will vote this summer on continuing wide-ranging tax cuts first enacted under President George W. Bush, House Majority Leader Eric Cantor said Friday as the GOP sharpened its plans for... Read more »

Published May 25, 2012

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Top CEO make $44,000 per hour

David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 million, according to an analysis by The Associated Press. Read more »

Published May 25, 2012

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Spain's Bankia asks for $24B in state aid

Spain's troubled bank, Bankia, asked the Spanish government for $23.8 billion in financial support on Friday, the day that a leading credit rating agency downgraded it to junk status. Read more »

Published May 25, 2012

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Consumer confidence highest in 4½ years

A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years. Read more »

Published May 25, 2012

6 comments

Typical CEO made $9.6M last year, AP study finds

Profits at big U.S. companies broke records last year, and so did pay for CEOs. Read more »

Published May 25, 2012

1 comment

Senate committee cuts Pakistan aid

A Senate panel expressed its outrage Thursday over Pakistan's conviction of a doctor who helped the United States track down Osama bin Laden, voting to cut aid to Islamabad by $33 million —... Read more »

Published May 24, 2012

3 comments

Senate rejects GOP, Democrat plans on student loans

The Senate rejected dueling Democratic and Republican plans on Thursday for averting a July 1 doubling of interest rates on federal college loans for 7.4 million students, pushing back efforts to... Read more »

Published May 24, 2012

7 comments

EU runs short on time as Greece nears exit

European leaders insist they want to keep Greece in the eurozone, but are putting off any agreement on how they hope to accomplish that. Greece says it, too, wants to stay in the eurozone, but... Read more »

Published May 24, 2012

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Banks in Greece to get $23B bailout

Four of Greece's leading banks are to receive a $23 billion capital injection to replenish reserves that were hit by country's massive debt restructuring deal. Read more »

Published May 23, 2012

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Ditch euro? Many Greeks are already using alternative currencies for barter economies

People in this central Greek city are rejecting the euro before it rejects them. Read more »

Published May 23, 2012

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U.S. should support small biz, ex-Hewlett-Packard CEO says

For America to once again become the leading economic force worldwide, the country will have to invest heavily in the long-term success of small business, says a former HP executive. Read more »

Published May 23, 2012

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