Kansas Gov Wants To Use Pensions To Cover Budget Gaps
December 15 2014 8:03 AM
Governor Brownback's tax cuts have reduced revenues by $250 million. Now he wants to use pension money to cover the budget gap.
Fed Faces Big Decision Over A Few Choice Words
December 15 2014 5:44 AM
Fed will decide this week whether to make a critical change to its policy statement that will widen the door for interest rate hikes next year.
Marriage, Children, Pope Francis And The Global Economy
December 14 2014 10:14 AM
Could what Pope Francis calls the "culture of temporary" be driving a restructuring of the family unit and the economy?
'Fundamentals' Aren't Greasing Crude Oil Price Slide: OPEC Chief
December 14 2014 8:39 AM
"The fundamentals should not lead to this dramatic reduction [in price]," OPEC Secretary General Abdullah al-Badri says Sunday.
Special Favors For San Francisco Pension Overseer
December 13 2014 6:44 AM
While serving on a municipal retirement board, San Francisco's former first lady invested in a firm that manages the city's pension money.
Iran Hackers May Target US Energy, Defense Firms, FBI Warns
December 12 2014 11:56 PM
FBI has warned US businesses to be on the alert for a sophisticated Iranian hacking operation, according to a confidential agency document.
Is $2-Per-Gallon Gas On The Horizon In The US?
December 12 2014 5:10 PM
On Friday U.S. oil dropped below $58 a barrel, a low not seen since May 2009.
Retirement Insecurity In The 401(k) Age
December 12 2014 4:17 PM
Americans don't have enough money saved for retirement. Here's what researchers are telling us about the shortfalls, and the fixes.
Prepaid Debit Card Use Rising Most Among Millennials, Wealthy Moms
December 12 2014 1:56 PM
Prepaid card use is shifting from the low-income underbanked to upper-income households shopping online.
A Great Wealth Divide Widens Again
December 12 2014 12:47 PM
The wealth of white households now amounts to more than 10 times that of Hispanics' and nearly 13 times that of black households.
Dow Tumbles As Oil Prices Continue Plunge
December 12 2014 11:05 AM
The Dow tumbled more than 150 points Friday, despite consumer sentiment hitting a seven-year high, as global oil prices continued to plunge.
Cheap Gas Fueling US Consumer Sentiment To Seven-Year High
December 12 2014 10:49 AM
Don't believe those reports of a lackluster Thanksgiving shopping season. Americans spent like it was 1997.
Cheaper Gas Prices Weigh On US Inflation
December 12 2014 10:11 AM
U.S. wholesale prices fell last month, as lower gasoline prices begin to weigh on U.S. inflation.
US Authorities Face New Fallout From Insider Trading Ruling
December 12 2014 2:50 AM
The ruling threatens to challenge a broad insider trading crackdown underway since 2009 under Manhattan U.S. Attorney Preet Bharara.
Lawmakers Help Keep Wall Street's Secrets
December 11 2014 10:32 PM
Transparency? Wall Street supporters stall a Freedom of Information Act provision, keeping financial firms' documents under wraps.
Dow Leaps High, But Gains Are Cut After Oil Prices Fall
December 11 2014 5:44 PM
Plunging oil prices may serve as a headwind for the global economy, but many say it's a tailwind for the U.S. as gas prices continue to fall.
US Oil Prices Drop To Lowest Level Since July 2009
December 11 2014 4:27 PM
The benchmark for U.S. crude oil prices tumbled below $60 a barrel Thursday, a psychologically important level.
What's It Mean To Be Rich? Don't Ask Treasury Secretary Jack Lew
December 11 2014 2:32 PM
Defending a financial executive nominated by Obama, Lew's comments spotlight the debate about the definition of "rich."
Declining Gas Prices Powering Surge In US Retail Spending
December 11 2014 9:57 AM
The recent drop in gasoline prices, coupled with Thanksgiving weekend sales, helped U.S. consumers pick up retail spending last month.
Dow Hammered On Global Fears
December 10 2014 6:03 PM
The Dow tumbled more than 260 points Wednesday due to "jitters" in the U.S. stock market as concerns grow about a lackluster global economy.