Tag: business & economy
S&P investigated for mortgage securities ratings
Standard & Poor's under investigation for allegedly improperly rating dozens of mortgage securities leading up to the financial crisis....
Capping CEO salaries to fix the economy
Billionaire CEO Warren Buffett says increase taxes for the rich, but maybe capping CEO salaries is a better fix for the economy....
Boosting house prices to fix economy
Columbia Business School professor says raising the cost of an average home may be a way to fix the economy....
Foreign students paying to get fish processing jobs in Alaska
Globalization has transformed some fish processing plants in Alaska, where most of the workers now are foreign students....
Silicon Valley criticized for over-valuing top talent
Harvard Business Review author criticizes Silicon Valley companies for paying exorbitant amounts for 'star' employees. ...
Why South American economies are booming
In contrast to the US, South American countries have recently seen a booming economy and low unemployment....
Dow falls 634.76 points, global markets stumble
Investors worldwide search for the bottom as almost $8 trillion dollars have been erased from the global stock markets in the past two weeks. ...
S&P downgrades US credit rating to AA+
The US credit rating downgrade by S&P brought condemnation from government officials, and fears of market turmoil....
U.S. economy added 117,000 jobs in July
New figures from the Bureau of Labor Statistics bring a flicker of optimism to the markets after the worst day on Wall Street in three years. ...
Dow Jones plunges over 500 points
In a small free fall that erased all of the market's gains in 2011, the Dow Jones Industrial Average plunged over 500 points today....
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