Wealth
Pension contributions may have to rise this year
As the stock market collapse eroded employee pension funds, a consultancy is predicting that the level of contributions will double in 2009.
SEC failed to act on tips about massive fraud
As the aftermath of the Bernie Madoff scandal reverberates throughout the economy, an analyst has testified that his warnings over the years were ignored by the government’s securities watchdog agency.
Americans contemplate delaying retirement as meltdown wipes out savings
As the financial crisis shows no signs of easing, a new study has found that more Americans are planning to delay retirement for up to five years.
Economist: more borrowing a wrong way to go
As President Obama presses Congress to pass a nearly $900 billion stimulus plans, some experts question the fundamental elements of the package.
Gold and silver prices rise as investors look for safety
After a three day break, precious metals prices are on the upswing as investors ponder gloomy economic news and look for places to store value.
Daschle's tax problems cast shadow on Obama's agenda of change
The withdrawal of President Obama’s choice for Secretary of Health and Human Services raises new questions about integrity among top figures in Washington politics.
Why Gold, Anyway?
Why gold, you ask? Well, the simple answer is if people continue to rely on paper money then they will end up impoverished. But many intelligent people the world over continue to build vast personal wealth empires with paper money. But it is their’s to lose.
Gold prices volatile as economic reports show home values plunging
Commodity prices seesawed this week as a slew of economic reports depressed the markets and the U.S. government launched another initiative to promote economic recovery.
Top retirement funds lose $1 trillion
A disturbing report from a leading money management newspaper suggests that U.S. pension funds have sustained heavy losses in 2008.
Banks: Democrats' stimulus plan may be insufficient
Researchers from major U.S. banks claim that the impact of the proposed stimulus package may be smaller than meets the eye.
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