America\'s cities have experienced a rapid decline in employment in the past year with the collapse of the finance, real estate and automotive industries. To put each metropolitan area\'s situation in perspective, we have put together a map showing the comparative rates of unemployment along with the year over year change from May \'08 to \'09.
WashingtonPost.com — American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a national furor.
As the United States Congress battles over the costs, benefits, and especially, definitions of its own national renewable energy standard, coal-giant China announced a plan to get 15 percent of its energy capacity from wind, solar and other renewable energy sources by 2020
For too many, credit cards are considered a necessary evil. We understand. It’s far too easy to fall prey to the temptation to buy things you can’t afford. So if you’ve made your deal with the devil and are now feeling consumed by the flames of credit card debt hell, consider this infographic to be a long, tall glass of water.
After taking multibillion-dollar bailouts from the federal government, some of the nation\'s biggest banks are declining to lend a hand with a different financial mess: the California budget stalemate.
If you\'re driving and happen to kill a pedestrian, you may, of course, be slapped with manslaughter charges. On the other hand, if you\'re running a huge financial company and your management decisions remove billions of dollars of wealth from the economy and you threaten the entire financial system, you\'ll receive a multimillion pay package...
There\'s no buzzkill quite like getting a friend request on Facebook from Mommy and Daddy dearest. Not to mention the philosophical quandaries that result: Do I accept? If I accept, do they go on...
Up to 26% of U.S. homeowners who stop paying their mortgage may be doing so intentionally, not because they can\'t make the payments but because they don\'t want to put money into a house that\'s worth less than what they owe.
The economic problems of American families have now rippled its way up to many state governments that are now slashing services in order to balance their budgets in one of the most difficult years in decades.
Wal-Mart\'s support breaks with partisan lines and the popular belief that big business leans Republican. But corporations pledge allegiance to policy that serves their business, regardless of party. And most give to both parties just in case. There\'s no such thing as loyalty when it comes to business, except to shareholders.
Fresh off of the heels of Congress’s passing of the Credit Cardholders Bill of Rights, Obama sent a proposed law to Congress, which if enacted, would create a shiny brand new Consumer Financial Protection Agency (CFPA). The agency would not only help enforce the Credit Cardholders Bill, it would expand into the broader scope of consumer protection.
One of the few bright spots in the current economic gloom has been the telecommunications industry, where competition is robust, innovation forges ahead and consumer prices continue to fall. Leave it to Congress and Beltway planners to mess with this success.
Inspiration Networks\' CEO David Cerullo is building a $4 million home in a gated, lakefront community in western South Carolina at the same time that the ministry has cut jobs and reset thermostats to save money in its new headquarters.
With so many companies laying off workers and slashing wages and benefits, it\'s not surprising that some employees feel no obligation to be nice when they head out the door...If you leave without notice, you’re not just leaving your boss in a lurch, you’re also leaving your co-workers holding the bag
States that allow debt collectors to seize consumers\' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice.
The US economy is lurching towards crisis with long-term interest rates on \\r course to double, crippling the country’s ability to pay its debts and \\r potentially plunging it into another recession, according to a study by the \\r US’s own central bank