May 29, 2012 Dewey & LeBoeuf filed for bankruptcy protection last night. In the last half century, large corporate law firms have enjoyed an enormously lucrative run. Although in the last four to five years revenue has flattened out.
May 29, 2012 Housing prices in March were up a tiny bit from the month before, but it is the first time in seven months that the data hasn't shown a decline.
May 25, 2012 In the last week, we've heard of a possible Greek exit from the euro, a U.S. debt ceiling showdown, HP layoffs, and a Facebook stock lawsuit. How does this news affect our psyche and what stories should we focus on amid all the turmoil?
May 25, 2012 Some point to the Facebook stock flop as sign of a slowing tech sector. Meanwhile, employment growth for unskilled workers in the U.S. remains stalled.
May 23, 2012 The non-partisan Congressional Budget Office released a study yesterday warning of a U.S. recession if lawmakers let the Bush-era tax cuts expire and enact a round of automatic spending cuts -- allowing for a 'fiscal cliff.'
Apr 30, 2012 Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Apr 26, 2012 Gallup's latest surveys asked how Americans were feeling about their personal finances, and whether they think they'll be able to retire comfortably.
Apr 18, 2012 Far too many poor people are living in the modern-day equivalent of debtors' prison without a chance of a fresh start. It's wrong -- a terrible state of affairs.
Mar 30, 2012 Consumer spending was the big surprise of the morning. The government said Americans spent 0.8 percent more in February.