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A woman walks into a Citibank branch in New York

Analysis: In Citi appeal, who will speak for Rakoff?

Manhattan federal judge Jed Rakoff is certainly not shy about speaking for himself. In November, as you'll surely recall, Rakoff blocked a negotiated $285 million settlement between the Securities and Exchange Commission and Citigroup over mortgage-linked securities. To say Rakoff had harsh words for the parties would be the understatement of the year. He railed against the bank and regulators an...

TSX little changed, Kinross drop offsets China

TSX little changed, Kinross drop offsets China
Toronto's main stock index was slightly lower on Tuesday as losses from gold miners offset the impact of an early surge in commodity prices that were boosted by solid economic data from China and Germany.

Wine websites get mixed reviews

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Just as Amazon revolutionized the way books are sold and Groupon has conditioned shoppers to expect daily deals on services and foods, a cluster of websites have upended the stodgy world of wine.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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Martin Luther King  Kr.

Martin Luther King Jr. Last Speech: 'I've Been to The Mountaintop' [VIDEO & FULL TEXT]

Most people commemorating Martin Luther King Jr. Day turn to his iconic I Have a Dream speech. But King gave another famous speech the night before he died, known as the Promised Land or Mountaintop speech. In it, he alluded to his imminent assassination and the legacy he would leave behind. Listen to the audio file, watch the video, and read the full text of Dr. King's final speech here.
Martin Luther King Jr. Quotes: From "Letter from a Birmingham Jail" to "Why We Can't Wait"

Martin Luther King Jr. Quotes: From 'Letter from a Birmingham Jail' to 'Why We Can't Wait'

Dr. King remains one of the most iconic figures of the Civil Rights Movement and one of the most recognizable and quotable men in American history. On Martin Luther King Jr. Day, remember the man and his beliefs through some of his most famous and moving quotes, from I Have a Dream to his views on the Vietnam war to his unwavering belief in the strength and love of his fellow man.
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S&P, Greece Pressure Eurozone to Boost Defenses

Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
Workers maintain the huge Euro logo in front headquarters of ECB in Frankfurt

S&P Moves, Greek Debt Renew Pressure on Eurozone

Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
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Euro Zone Faces Lower EFSF Lending Power or Higher Guarantees

The euro zone's bailout fund can hold onto its AAA rating with Standard & Poor's through higher guarantees from the euro zone's remaining triple A countries or lower lending capacity, a senior euro zone official said Sunday.
Rick Perry Drops Out of Presidential Race

Perry on Urinating Marines: 'These Kids Made a Mistake'

Texas Gov. Rick Perry, scrambling to keep his U.S. presidential bid alive, accused the Obama administration Sunday of overreacting to a videotape that shows four Marines appearing to urinate on dead Taliban fighters in Afghanistan.
China a harbinger for global slowdown

China may be Harbinger of Global Slowdown

Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
German Chancellor Merkel speaks during news conference after talks with Italian Prime Minister Mario Monti at Chancellery in Berlin

Eurozone Leaders Vow to Work Faster to Fix Crisis

European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries' creditworthiness.
German Chancellor and leader of the Christian Democratic Party (CDU) Merkel gestures as she addresses the media during a party convention in Kiel.

Europe Must Move Quickly in the Wake of S&P Downgrades: Merkel

Credit-rating downgrades in the Eurozone by Standard & Poor's underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.
Europe's Markets

Europe's Markets Close Lower Friday on S&P Downgrade Concerns

European shares fell on Friday after sources said credit rating agency Standard & Poor's was set to go through with a long-mooted downgrade of several eurozone countries, weighing on sentiment for riskier assets such as equities.
Wall Street sign

Wall Street drops on euro-zone downgrade chatter

U.S. stocks were on track to end the week with modest gains as major indexes pulled back from session lows after falling more than 1 percent on Friday on talk that Standard & Poor's was ready to downgrade ratings on several euro-zone countries.
German Chancellor Merkel speaks during news conference after talks with Italian Prime Minister Mario Monti at Chancellery in Berlin

Merkel Broadens Diplomatic Drive for EU March Summit

German Chancellor Angela Merkel will gather the leaders of Austria, Sweden and Portugal next Thursday in a bid to broaden consultations on key European Union issues after criticism about Germany and France making too many big decisions themselves.
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Societal Momentum Pushing America Toward Inability to Self-Govern

Societies and nations are very much like people in how stubborn and resistant to change they are. Few forces are actually capable of suddenly changing the base nature of people, on either a large or small scale, and it takes a great deal of sustained effort over a long period of time for them to change their own nature.
Nicolas Steno Celebrated in Google Doodle

Nicolas Steno: Google Honors Geologist’s 374th Birthday With Doodle [VIDEO]

Nicolas Steno, the 17th century Danish father of geology, was honored Wednesday with a Google Doodle commemorating what would have been the genius' 374th birthday. Steno, whose name means rock in Danish, pioneered research in both anatomy and geology helping to discover a groundbreaking theory to explain how fossils function in layers of rock.

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