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Debit card fee fight returns to Congress

Visa and banks will press lawmakers on Thursday for relief from a proposed slashing of debit card processing fees, an issue that has attracted bipartisan support for softening the impact of part of the Dodd-Frank financial law.
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NYC bank tax revenue shoots up 48 percent: source

New York City's bank tax collections ran 48 percent above a year-ago, one of several taxes whose encouraging performance might give Mayor Michael Bloomberg some extra cash to spend in next year's budget.
Actor Chris Rock watches New York Knicks play Los Angeles Lakers during their NBA basketball game in Los Angeles

Chris Rock Opens Up About LeBron James

In an interview with Esquire comedian Chris Rock shared his opinion on LeBron James, from his style of play to The Decision and everything in between.
A woman walks by the Family Dollar store in Arvada

Family Dollar shares jump on buyout bid

Shares of Family Dollar Stores Inc. (NYSE: FDO) are soaring after the discount retailer confirmed late yesterday that it has received an unsolicited bid from the Trian Group, a New York hedge fund, at a price of $55 to $60 per share.
Booking mug shot of Bernard Madoff

Bernie Madoff: They Had to Know

They had to know, said the jailed former fund manager Bernie Madoff, referring to bankers and investors who should have been able to uncover his Ponzi scheme.
General Motors auto assembly workers lower an engine onto the chassis for Chevrolet Silverados and GMC Sierra pickup trucks at the Flint Assembly in Flint, Michigan

GM set to pay hourly workers at least $4,000 bonus

General Motors Co (GM.N) will pay its 45,000 hourly workers in the United States a bonus of at least $4,000 each, the automaker said on Monday. The average employee payout will be finalized by the end of February. The payments will be doled out on March 25, a company spokeswoman said.
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Gold steadies off 4-week high ahead of U.S. data

Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.

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