MoneyPolitics
Pope leads pep rally at Vatican, meets with German Chancellor Merkel
Pope Francis greeted tens of thousands of people attending a rally of prayer, music and speeches.
Writers offer personal finance advice to Obama
With the release of President Obama’s financial disclosures on May 15, the nation got a glimpse of the president’s money life. Read more »
GM stock rises above $33 for first time in 2 years
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. Read more »
Cyprus may presell gas reserves to ease crisis
Cyprus may presell the country's offshore natural gas reserves to raise cash quickly and pull it out of its deep financial crisis, the country's finance minister said Thursday. Read more »
Gold: Be cautious when getting caught in the rush
Yes, the debate about owning gold as an investment will likely always rage on. Just be careful not to make significant moves with your money based on emotion — and in this gold environment,... Read more »
Stocks keep climbing even as manufacturing softens
The stock market continued its climb Wednesday, despite a handful of disappointing economic reports. Read more »
Stock prices trade flat as manufacturing softens
A report of slowing manufacturing is getting the stock market off to weak start Wednesday. Read more »
Macy's 1Q profit rises 20 pct on solid sales
Macy's Inc. reported a 20 percent increase in first-quarter profit as the department store chain saw solid sales despite cool temperatures and economic worries that dampened shoppers' appetite for... Read more »
Bank of England sees 'modest, sustained' recovery
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its... Read more »
Has the gold rush come to an end?
When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping. Read more »
Has the gold rush came to an end?
When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping. Read more »
Bernanke says Fed increasing financial monitoring
WASHINGTON — The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben... Read more »
NKorea nuke arsenal seen as matter of when, not if
For 20 years, fears about North Korea's headlong pursuit of nuclear bombs have been watered down with smirking admonishments not to overestimate an impoverished dictatorship prone to bragging and... Read more »
Stocks hold at record levels on Wall Street
The stock market held at record levels Thursday as investors became harder to please. Read more »
Record profit signals healthier Fannie Mae
Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. Read more »
Slovenia announces anti-bailout measures
Slovenia's government announced Thursday an austerity plan designed to raise 540 million euros ($707 million) in new taxes as part of an effort to balance the budget and avoid seeking an... Read more »
House passes bill to prioritize US debt payments
The GOP-controlled House voted Thursday to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit. Read more »
Stocks dip below record levels on Wall Street
NEW YORK — The stock market pulled back early Thursday after surging to record levels during the past week as investors judged that recent gains already reflect much of the improvement in the... Read more »
When investors aren’t an option: 10 alternatives to finance your business
I am often asked about options to finance a start-up business. Of course investors and bank loans are a common solution. However, a budding entrepreneur simply might not want to bring on investors... Read more »
Is the slowly recovering economy the fault of college students?
Student loans may not be the culprit for the sluggish economic recovery, according to an article by The Atlantic. Read more »
Consumer group warns senior citizens of red flags when planning for retirement
Senior citizens can learn to avoid deceptive financial advice by watching for warning signs suggested by the Consumer Financial Protection Bureau. Read more »
More Americans upset by tax rates this year than since 2001
In the past 12 years, Americans have never felt so ripped off by tax rates as they do now. Read more »
Medicare increase could ding some in middle class
Due to the creeping effects of inflation, 20 million Medicare beneficiaries would end up paying higher "income related" premiums for their outpatient and prescription coverage over time. Read more »
USDA expands efforts to reduce rural poverty
The USDA recently announced that it will be expanding a federal program intended to reduce poverty and improve life in rural areas. Read more »
Hyper consumption: Consumer mindset leaves U.S. and individuals vulnerable
Seeing how big consumer culture has become and how it affects not just nations, but individuals, can help people make better choices about how they spend their money — and their lives. Read more »
90 percent of Americans don't know when new insurance kicks in
Though the new health insurance is on the horizon, 90 percent of Americans didn’t know when the exchanges open or when insurance would kick in. Read more »
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