Archive for the ‘Economy | Finance’ Category

As the UK riots continue for a third consecutive day and 10,000 extra police are sent to guard the streets of London tonight, France 24 takes a look at the reasons behind the most violent riots the country has seen in decades.

Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said on Thursday. The former first lady and onetime political rival to President Barack Obama quickly became one of the most influential members of [...]

Is a college education worth it?  In the free market of ideas, maybe. In a labor market that can’t be sustained by wage growth or job creation, probably not. Another bubble may be bursting. The college degree payback may be long and may not materialize for decades. A six-figure education may not be a guarantee [...]

When gasoline prices shot to $4 a gallon in 2008, sticker shock cut fuel demand and helped send world oil prices tumbling by more than $100 a barrel in just five months. Pump prices have returned to near those highs, averaging $3.95 a gallon after rising 36 percent in a year. Oil has also soared, [...]

With the economy still struggling, unemployment still lofty, and retirement savings lacking, more Americans than ever are terrified of the idea of dying penniless. Financial adviser and author Stephen Pollan wants to remind you: That’s the whole idea. Not the prospect of outliving your cash; no one wants that. But the idea of using up [...]

Osama Bin Laden has been killed by US Military Forces. Obama is about to make an announcement at 11:15pm. The story is still developing.

General Electric Co made a big push in solar power, saying it will invest $600 million to build a new factory as it pursues what it thinks could be an up to $3 billion business by 2015. The largest U.S. conglomerate, which over the last decade has made itself a leader in renewable energy, said [...]

Congressional negotiators on Wednesday raced against a looming deadline to agree on billions of dollars in spending cuts and find a budget deal that keeps the federal government operating beyond Friday. With time running short, Republican and Democratic negotiators struggled to find a compromise that would avert a federal government shutdown that could throw hundreds [...]

Americans may be clipping money-saving coupons and delaying buying a new home, but when it comes to their pets they’re spending more than ever, according to a new survey. Between trips to the vet, specialty foods, treats and toys, pet insurance and even parties, Americans have no compunction about opening up their wallets to keep [...]