The Latest Debt & Finance Blog
As much as President Obama and Congress have talked about dealing with the “fiscal cliff,” there is one term noticeably missing from the discussion: Sequestration and its effect on the…
Imagine being forced to leave your job . . . and being forced to accept $1.2 million on your way out the door. That was the case at Rutgers University,…
Groupon executives decided Thursday to keep their CEO, Andrew Mason, but for how long? Amid rapid revenue declines in the daily deal industry, experts wonder if the fad has run…
Just as Americans were saying their emotional goodbyes to a cultural icon, the Twinkie, Hostess Brands Inc. made an encouraging announcement: More than 100 potential buyers are interested in purchasing…
Unemployment rates fell this week, and analysts are predicting a further decline as more businesses reopen in the wake of Superstorm Sandy. Weekly unemployment benefit applications fell by 23,000 to…
The new book about Warren Buffett is called “Tap Dancing To Work,” but what the billionaire investor is saying during promotional appearances this week feels much more like clogging than…
In the first round of budget negotiations between President Obama and House Speaker John Boehner, the congressman blinked first. The day after Obama was re-elected, Boehner said that “revenue was…
Pity poor Grover Norquist. The creator and enforcer of “the Pledge” – an agreement signed by 258 Republican members of the U.S. House and Senate never to vote for a…
The election might be over, but the urge to campaign still burns inside President Obama. Obama, who received a tepid response from congressional leaders about his ideas on solving the…
With Mary Schapiro, the U.S. Securities and Exchange Commission (SEC) chairman, stepping down next month, industry leaders said the choice of Commissioner Elisse Walter (pictured at right) to take her…