The 44th president of the United States will inherit some tough challenges when he is sworn into office today. But since his election victory, Barack Obama has moved swiftly to put the tools in place to promote economic growth – good news for investors in US equities.
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It’s the sport of choice for corporate czars and tycoons: Bill Gates has shanked and scuffed his way to billion-dollar deals on the golf course.
U.S. prosecutors had asked that Madoff be jailed while awaiting trial on a federal fraud charge. U.S. Magistrate Judge Ronald Ellis ruled that Madoff was not a flight risk and did not pose a threat to society.
Lloyds admitted it laundered $300 million and agreed to pay a $350 million fine and open its books to investigators. If records show that the bank knew it was helping Iran break international law or foster terrorism, Lloyds could face criminal prosecution, authorities said.
“Absolute Truth” well science maintains there is there is no such thing like that, but from the current global financial crisis it is evident that there is no absolute free market. Truth is always relative, just like freedom.
An employee of a south Phoenix social-services agency was arrested Monday on charges of embezzling nearly $200,000 in government checks intended to fund parenting programs.
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting! With Bernie Madoff’s Ponzi scheme foremost in many investors’ minds, how can you tell whether an investment pitch...
Mental health experts say the sour economy has turned what usually manifests as seasonal blues into a full-blown crisis. “The fear of losing one’s job and pressures caused by a downturn in business, demotion or pension plan cutbacks can be bad for mental health and therefore increase suicide risk.”
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Almost all investors are experiencing some discomfort from the recent falls in asset values, yet some handle it better than others.