Daily News Channel
At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they’re working overtime these days. “Our call volume went up 97% in the past five weeks, which has left us scrambling,” says Martha Lucey, president of the nonprofit agency.
Ever wonder how investment bankers, a breed known in the past more for its social skills and golf handicaps than for its mathematical prowess, ever invented products like those crazily sophisticated, synthetic collateralized debt obligations that brought down the financial system? Well, they didn’t.
When times are good in financial markets, we’re willing to convince ourselves that they’re good for a reason. The fundamentals are great, the experts tell us
Among the many hands that Barack Obama will likely shake on his inaugural trip to Asia as U.S. President will be that of a soft-spoken general who happens to represent one of the world’s most repressive regimes
The journalist Hu Shuli has often been called “the most dangerous woman in China.” And she may become even more so. As the pioneering editor of China’s most influential business magazine, she managed to publish groundbreaking stories on official ineptitude and financial malfeasance despite China’s tight control of the media.
What reform could dramatically remake America and become law by Christmas?
Are you furious?
Global philanthropists Bill and Melinda Gates are launching a major push to convince the United States to maintain government spending on worldwide health initiatives, despite the financial crisis and a soaring U.S.
Authorities on Sunday released the name of a woman who turned up in New York this month saying she had no memory of her name or family.
Gunmen opened fire on a military vehicle in Islamabad on Thursday, killing an army brigadier and a soldier, officials said.