Back in the wild and woolly and, well, more innocent days of the tech stock boom — you remember it, don’t you? — it seemed like everyone and his brother and second cousin twice removed had taken up day-trading. To a lot of …
Subprime Private Student Loans: No Way Out
Although private loans make up a relatively small slice of the roughly $1 trillion in outstanding student debt, a new report from the Consumer Financial Protection Bureau in conjunction with the Department of Education shows that …
Every American Is Experiencing a Different Economy
You don’t have a real economic recovery until the majority of Americans are participating — and right now they aren’t
Should Justice Drop the Apple Ebook Lawsuit?
When the news of the Department of Justice’s antitrust suit against Apple and five of the nation’s largest book publishers became public earlier this spring, it took many by surprise. The suit accused Apple and the publishers …
Spain on Edge as Focus Shifts from Banks to State’s Finances
As Spanish antiausterity protesters take to the streets, financial markets switch focus from the nation’s messed-up banks to the wobbly state of its finances
Colorado Shootings Aftermath: What Will Impact Be on ‘Dark Knight Rises’?
The masked gunman who opened fire during a midnight showing of The Dark Knight Rises early Friday morning in Colorado killed at least 12 innocent victims and injured dozens more. The vicious actions were far more brutal than …
The “Action Gap”: Why Workers Refuse to Save More for Retirement
New research uncovers a vexing problem: The typical worker can readily find an additional 5% to 10% in their budget to put away for retirement. But they don’t do it because they are unsure what moves to make.
Money Talking: Is a Celebrity CEO a Good Thing?
Pregnant tech superstar Marissa Mayer’s appointment to be CEO of Yahoo has people talking about the struggle for work-life balance. But another big question is whether celebrity CEOs are the best people to execute successful corporate turnarounds. Listen to Joe Nocera and me talk about this, as well as whether the Olympic Games actually …
Olympic Scammers Go for the Gold as Games Near
How LinkedIn Makes Money Off Your Resume — And Why That’s Good For You
Today LinkedIn serves hiring managers as much as it serves job seekers. Companies are paying big bucks for the right to look at your profile, whether you’re on the job market right now or not.
Would You Pay $520 in Interest to Borrow $375? 12 Million Americans Did Last Year
Americans spend more than $7.4 billion on payday loans every year. That’s hardly peanuts, especially when you consider that these billions are earned $50 to $100 at a time, often off the backs of the Americans who can least …
A Store Without a Checkout Counter? JCPenney Presses on with Retail Revolution
JCPenney’s dramatic makeover has led to customer confusion and subpar sales, but the company is sticking with its plan to revolutionize its brand.