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Top Financial News
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Why the Rich Don’t Feel Rich
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.
The Five Biggest College Myths
It?s the conventional wisdom that students and parents do their research on colleges and costs before making any commitment to attend a particular institution. A public college or university will cost close to $9,000 a year for tuition and fees for in-state students and $21,000 for out-of-state students, according to the College Board. A private […]
Diamonds - An Investor’s Best Friend?
Anyone wanting to invest in diamonds has a few options through which to do so ? stocks, funds or the stones themselves.
Last Trading Week of May Ahead After Holiday
It had to happen at some point. Wall Street finally broke its 4-week winning streak, with the major indices down overall this past week amid Fed tapering fears, a Nikkei plunge and weak manufacturing data from China.
Seattle?s Best Bets on America?s Car Culture
Seattle’s Best Coffee is making a bet on car-dependent commuters in Dallas-Fort Worth, opening 10 small stores around the metro area that combine drive-through and walk-up windows, while forgoing interior seating for patrons.
Blackstone notifies Cohen’s SAC it intends to pull money: pension consultant
Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its …
News Corp to take charge of up to $1.4 billion this quarter
News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment …
Lobbying in American-US Airways deal focuses on small cities
US Airways Group and American Airlines , seeking approval for a merger that would create the world’s largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead …
Exclusive: In surprise, General Growth eyes New York office tower
General Growth Properties Inc has paired with Brookfield Office Properties Inc to bid for an expensive New York building in what could mark the No. 2 U.S. mall owner’s entry into a new segment of the retail …
Visa, Mastercard ask U.S. court to declare card fees are lawful
Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law. …