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Insight: The dark side of Germany's jobs miracle

Anja has been scrubbing floors and washing dishes for two euros an hour over the past six years. She is bewildered when she sees newspapers hailing Germany's job miracle.

Gold Prices Await Outcome of Greece-Troika Dance

Gold prices hovered in a narrow range Wednesday, with little support from crude oil prices or the euro and uncertainty about whether Greece will accept slightly easier bailout terms from Eurozone leaders, known collectively as the troika.

German exports drop is steepest in nearly 3 years

German exports fell at their fastest rate in nearly three years in December and imports also unexpectedly dropped, suggesting Europe's bulwark economy could have contracted more than forecast in the fourth quarter of 2011.

Analysis: More than just Great Firewall awaits Facebook in China

When it comes to China, Facebook should consider itself forewarned. Cracking the world's biggest Internet population might seem an obvious ambition for the social networking giant as it trumpets its global growth before a $5 billion initial public offering, but the chances it will succeed look slim.

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Asian shares gain, euro steadies as Greek talks in final stage

Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.

Customers seek access to MF Global insurance sums

Customers of MF Global's broker-dealer unit say at least $120 million in insurance policies for the company's executives should instead go toward filling a massive hole in their accounts.

Nine companies sued over exclusive forum bylaws

Chevron Corp and eight other corporations were sued by shareholders on Tuesday for adopting a bylaw that requires common types of shareholder lawsuits be brought exclusively in Delaware's Chancery Court.

SEC's Gallagher wants more oversight of brokers

Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner.

CalSTRS wants Facebook board to expand, add women

The California State Teachers' Retirement System, the second-largest largest pension fund in the United States, wants Facebook Inc to expand its board of directors and diversify a panel that has no women.

Missouri 2012 Primary: Rick Santorum’s Win All Sound, No Fury

Rick Santorum has secured a substantial victory in Missouri, his first win since he beat out Mitt Romney in the Iowa caucus. But after weeks of being touted as the beauty pageant primary, Santorum's delegate-less win won't do much for the future of his presidential campaign.

Eyes on dissident states as mortgage deal nears

A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.

Yahoo Chair to step down as review continues

SAN FRANCISCO, Feb 7 - Yahoo Inc Chairman Roy Bostock and three other board directors will step down as the struggling Internet company keeps up discussions on overhauling its prized Asian assets, including stakes in China's Alibaba Group and Yahoo Japan .

Hacker releases Symantec source code

A hacker released the source code for antivirus firm Symantec's pcAnywhere utility on Tuesday, raising fears that others could find security holes in the product and attempt takeovers of customer computers.

Wall St edges up in quiet day; Disney down late

Stocks rose slightly on Tuesday, but with the outcome of discussions on a bailout package for Greece uncertain, investors are unlikely to make big bets in coming days.

Bernanke repeats vow to shield U.S. from Europe fallout

Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

Wall St ends quiet day as Greek deal awaited

Stocks rose slightly on Tuesday, but with the outcome of discussions on a bailout package for Greece uncertain, investors are unlikely to make big bets in coming days.

January deficit fell sharply to $27 billion: CBO

The budget deficit shrank by nearly half in January compared to a year earlier as tax collections from individuals rose and outlays fell, the Congressional Budget Office said on Tuesday.

Greek parties delay bailout talks despite EU threats

Greek political parties delayed yet again on Tuesday making the tough choice of accepting painful reforms in return for a new international bailout to avoid a chaotic default, seemingly deaf to EU warnings that the euro zone can live without Athens.

Fidelity money fund clients sour on SEC proposals

Adding to the outcry against new rules for money-market funds, Fidelity Investments has warned regulators that more than half of its money-fund clients would move some or all of their assets out of the investments if the net asset value of the funds were allowed to fluctuate.

MF Global shortfall worsened as bankruptcy neared

In its chaotic final days, MF Global's floundering brokerage used increasingly large chunks of customer money in an effort to keep the company afloat, creating a massive shortfall in customer funds, the trustee liquidating the brokerage has found.

Valentine’s Day: To Some Indians, Holiday is Form of ‘Cultural Pollution’

Many conseravtive Indians associate Valentine's Day with rampant globalization and exploitation by western nations.

SEC weighs two money market fund proposals

The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations.

Facebook governance a concern for California pension fund

Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

The U.S. military has warned that it reserves the right to retaliate with military force if come under cyberattacks and has begun a legal framework to cover offensive operations.

Symantec Extorted, VeriSign Hacked: Are the Security Experts Defensible?

Symantec, the owner of Norton Anti-Virus and other security software brands, said someone claiming to be part of Anonymous attempted to extort $50,000 in return for not posting code.

World watches as China economic leaders take stage

A new guessing game is about to begin: will China's incoming generation of leaders show more courage than the current incumbents in tackling deep economic imbalances that threaten to bring growth to a sudden stop?

Bernanke's testimony on economy to Senate panel

Below are highlights from Federal Reserve Chairman Ben Bernanke's testimony on Tuesday on the state of the U.S. economy to the Senate Budget Committee. Bernanke's prepared testimony was virtually identical to testimony on Thursday to the House Budget Committee.

Analysis: Banks largely reserved for U.S. mortgage pact cost

As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.

Banks largely reserved for U.S. mortgage pact cost

Coca-Cola beats Street, eyes cost savings

Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program that it will use to boost its brands and mitigate higher commodity costs.

PIMCO Leader Likes Oil, Gold over Stocks

Given the fragile state of the global economy and brewing geopolitical risks, investors should be underweight equities while favoring selected commodities such as gold and oil, Mohamed El-Erian, CEO and co-chief investment officer of bond fund giant PIMCO, told CNBC on Tuesday.

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