Gold prices moved past $870 per ounce in Friday trading after a week of steady rises.
President-elect Barack Obama has promised a stimulus plan for the country that could create or save millions of jobs – but will it work?
After receiving billions of dollars in taxpayer bailout money, banks are unable to describe how they have used the funds, it has emerged.
This week, the Federal Reserve approved new regulations for the credit card industry which are aimed at protecting consumers.
As the hearings regarding the impeachment of Illinois governor Rod Blagojevich continue, the state attorney general has denied a request that state taxpayers fund his defense.
Ponzi schemes – in which existing investors are paid with new investors’ money – have been in the news a lot lately, with the revelation of Bernard Madoff’s fraudulent investment fund sending ripples across the world.
By the end of this year, American homeowners could be facing a collective loss of $2 trillion on their properties’ value, new figures reveal.
Although the massive swings of the stock market are not for everyone, some experts have suggested that short-term gains can be made if investors follow a savvy strategy – particularly as so many stocks are selling at record-low prices.
Although conventional wisdom advises that retirement planners invest 80 percent of their money in stocks and 20 percent in bonds, recent economic events have made some question the wisdom of this plan.
The financial events of the past year or so have not made it easy for many people to sleep easily, but retirees may be among the worst-hit groups.