N.Y. officials: Virtual currency invites real crime
The account information given by a new customer at Liberty Reserve read like a not-so-clever prank: Joe Bogus, 123 Fake Main Street, Completely Made Up City, N.Y.
View ArticlePrepaid debit cards for slots in Nevada approved
Prepaid debit cards tied to a casino customer's rewards account have been approved for wagering on slot machines in Nevada.
View ArticleMissouri Senate passes business truce with Kansas
Missouri senators passed legislation Thursday proposing a truce with Kansas in the intense tax-break battle for businesses in the Kansas City area.
View ArticleSilicon Valley boom eludes many, drives income gap
Arwin Buditom guards some of the most successful high-tech firms in America. Joseph Farfan keeps their heat, air and electric systems humming. But these workers and tens of thousands like them who help...
View ArticleCyprus central bank chief resigns
Nearly a year on from an acute financial crisis, Cyprus’ central bank governor resigned on Monday, a decision that brings an end to a protracted dispute with the president of the bailed-out country.
View ArticleIllinois speaker proposes tax on millionaires
Two days after Illinois Republicans chose a multimillionaire as their candidate for governor, the powerful Chicago Democrat who controls the Illinois House proposed a tax on millionaires Thursday to...
View Article$1 trillion student loan debt widens U.S. wealth gap
Every month that Gregory Zbylut pays $1,300 toward his law school loans is another month of not qualifying for a decent mortgage. Every payment toward their student loans is $900 Dr. Nida Degesys and...
View ArticleState governments may be expanding wealth gap
Lawmakers in many states have been trying to boost their post-recession economies by cutting income taxes, curbing aid to the long-term jobless or holding down the minimum wage. Some have pursued all...
View ArticleGreenpeace loses $5.2M on rogue employee trading
Greenpeace has suffered a $5.2 million loss on an ill-timed bet in the currency market by a well-intentioned – if reckless – employee in its finance department.
View ArticleWhat wealth gap? Danish welfare narrows disparity
This is what it's like to live in Denmark, a nation with a narrower wealth gap than almost anywhere else: You've been jobless for more than a year. You have no university degree, no advanced skills....
View ArticleArgentina in last-ditch effort to avert default
Argentina’s government said Monday it will make another effort to reach a deal with U.S. creditors ahead of a looming deadline that risks sending the country into its second default in 13 years.
View ArticleNot so golden: Wealth gap lasting into retirement
William Kistler views retirement like someone tied to the tracks and watching a train coming. It's looming and threatening, but there's little he can do.
View ArticleTalk of ECB action grows as European economy fades
Worries about the economy are rippling through Europe. Downbeat data have pushed the European Central Bank closer to more drastic action to keep the hesitant recovery from stalling completely.
View ArticleCantwell targets small business loan gender gap
Women still have a hard time getting small business loans. U.S. Sen. Maria Cantwell is determined to close the gap.
View ArticleAs stocks rise, so does anxiety: Time to get out?
Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that...
View ArticleU.S. recovery drives the dollar sharply higher
In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood.
View ArticleECB official calls for government action to help growth
A member of the European Central Bank's rate-setting council has said monetary policy cannot boost long-term growth and called for reforms by governments to make the weak economy more investment-friendly.
View ArticleQuestions, answers about Detroit’s bankruptcy
The city of Detroit said Monday it needs more time to wrap up critical deals with creditors before it will be ready to officially emerge from bankruptcy.
View ArticleGreece says bailout talks could end in February
Greece’s negotiations with rescue lenders on the future of the country’s bailout program could last for another two months, the country’s deputy prime minister said Monday.
View ArticleLGBT baby boomers face tough retirement hurdles
For Kathy Murphy, the difference between being gay or straight is $583 a month.
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