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Investigation finds SEC regularly exempting Wall Street banks from fraud penalties

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In an investigation by The New York Times, reporters discovered that the SEC is regularly declaring that the strictest penalties for fraud, penalties it regularly imposes on other businesses, often are not imposed on Wall Street investment banks.
Published: 03 February, 2012 01:00:00
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U.S. economy shows surprising surge, adds 243,000 jobs; unemployment falls

The American economy surprised economists by adding 243,000 net new jobs in January and dropping the unemployment rate to 8.3 percent. That rate represents the lowest figure for the American economy in almost three years....
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As Spain's economy sags, professionals look abroad for work

There's a burgeoning Spanish population in Germany and they're not going for the change in climate. As Spain's unemployment rate hovers around 23 percent, Germany's 4 percent rate is luring many of Spain's most educated to jobs outside their native land....
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Banks imposing more fees, taking away free checking accounts

There was a time when banks gave away free checking accounts in exchange for you giving them your money to do with as they pleased until you needed it. But for most Americans, those days have gone....
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Obama pledges to bring manufacturing back to the U.S., but is it possible?

In the State of the Union, President Barack Obama insisted he would bring manufacturing jobs back to the United States. But, to some, the proposals he laid out barely begin to address the disadvantages American companies face in manufacturing at home....
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Pay TV providers getting into bitter disputes over retransmission consent

Cable and Satellite companies like DirecTV are becoming much more reluctant to grant local TV stations the increase in retransmission fees they seek — and that's led many viewers to be left without popular programs like the Golden Globes and possibly including the upcoming Super Bowl...
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Economist discusses jobs lost -- or delayed -- by denial of Keystone XL pipeline permit

When President Barack Obama on Wednesday rejected plans to build the Keystone XL pipeline, Republicans bashed him for throwing away American jobs. An economist says the project would have created tens of thousands — though they would have been temporary....
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VIDEO: 11 dead, 24 still missing from cruise ship crashed off Italy

Italian officials say 11 people are dead and 24 people remain unaccounted for as rescuers comb the wreckage of the Costa Concordia, the cruise ship that floundered and sank off the coast of Italy this weekend....
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Hungary's youth fleeing tough economy, increased authoritarianism

As Hungary implements a new constitution, which many say chips away at the country's democratic freedoms, and the country's economy continues to lurch along, many young Hungarians are choosing to look for work anywhere but in Hungary....
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As wealthy invest in urban properties, middle class being priced out in some areas

For the wealthiest global citizens, the investment of choice is increasingly becoming real estate in the most desirable areas of the world's largest cities. In London, for example, home prices are skyrocketing, and it's pushing many of the middle class to a point where home ownership is unthinkable....
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