NEW YORK (CNNMoney) — Which is the better gig: The federal government or the private sector? It depends in part on education levels, according to a report put out Monday by the Congressional Budget Office. Federal workers with a master’s degree or less are better compensated on average than their ...
FORTUNE — When Apple announced its latest quarterly earnings last week, the most amazing thing wasn’t that it once again blew away Wall Street’s expectations. This company is on a roll of unprecedented proportions, and it’s almost assumed that it will exceed expectations — the only question is by how ...
PARIS — In 1965, Marcel Barbu, a jeweler and philanthropist, ran for the French presidency as “the candidate of battered dogs.” In 2002, Pierre Rabhi, a farmer and philosopher of Algerian descent, built himself as the candidate of “peaceful insurrection.” Coluche, a well-known comedian, called for “the lazy, the filthy, ...
More than 40 years after the federal government enacted fair-housing legislation and the Great Migration of blacks from the South began to ebb, residential segregation in metropolitan America has been significantly curtailed, according to a study released Monday. The study of census data from thousands of neighborhoods by two economics ...
The Facebook logo is displayed outside of Facebook’s new headquarters in Menlo Park, Calif. The buzz over Facebook’s forthcoming IPO has been propelled at least in partby retail investors hoping for a piece of the social media giant’s predicted $75 billion to $100 billion valuation.
NEW YORK — Stocks and the euro slid on Monday as a spike in Portuguese bond yields and the still-unresolved Greek debt talks raised investors’ fears that the already-fragile European and global economies face greater risks. A rise in the yield on Portuguese government bonds to more than 17 percent, ...
For investors who crave dividends, ETFs boast advantages: They provide diversified portfolios and rock-bottom costs (as low as 0.18%), and most use screens to avoid weak companies whose yields are high because their stock is collapsing. “Everyone is looking for yield, and the great thing with ETFs is that you’ve ...
Analysts say Obama has truly embraced an ‘all-of-the-above’ strategy, and the consumers will be the ultimate winner. NEW YORK (CNNMoney) — President Obama’s half dozen energy proposals will, by and large, benefit nearly all players in the energy space and result in lower prices for consumers, analysts say.
PARIS — President Nicolas Sarkozy, insisting that he was acting as a head of state — not a presidential candidate — announced Sunday that he would raise consumer taxes to make French companies more competitive and reduce the national budget deficit. He said he would increase the basic consumption tax ...
NEW YORK — January has turned out strong for equities with just two trading days to go. If you’re afraid to miss the ride, there’s still time to jump in. You just might want to wear a neck brace. The new year lured buyers into growth-related sectors, the ones that ...
The Supreme Court recently blocked a California law that would require slaughterhouses to immediately euthanize animals too sick to walk, Reuters reported Jan. 23. The National Meat Association sued to block the California law, and U.S. justices ruled that federal, not state laws, set the standard for meat safety.
Greece once again appears on the verge of reaching a deal with its private sector creditors on how much of a loss they would be willing to accept on their bond holdings. The latest progress comes in the wake of two days of talks in Athens between Greece’s political leadership ...
DAVOS, Switzerland — Economist Nouriel Roubini, nicknamed “Dr. Doom” for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the rest of this decade. Roubini, widely acknowledged to have predicted the crash of 2008, sees tough times ahead ...
The success of life insurance lead generation comes from understanding what your prospective buyers want. However this is a lot more difficult than it looks. The reason being, as an agent, you already have your biased thoughts of what your prospective buyers want. You are likely wrong. As a result, ...
NEW YORK (CNNMoney) — The Obama administration is taking another swing at improving its main foreclosure prevention program. The administration said it was expanding eligibility for its Home Affordable Modification Program, known as HAMP, to borrowers with higher debt loads and tripling the incentives it pays banks that reduce principal ...
The SEC has brought roughly a dozen cases against private equity firms to trial since 2000. NEW YORK (CNNMoney) — The private equity world is struggling to stay in the shadows. It’s harder to do so with Republican presidential contender Mitt Romney getting criticized for his private equity roots. If ...
DAVOS, SWITZERLAND — When a few thousand of the world’s leaders in business, politics, culture and social action gather in the shadow of the Magic Mountain, you get a bird’s-eye view of how we interpret and deal with contemporary life. For many of us, that life can seem extraordinarily accelerated. ...
