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Finance & Economics

IMF and EU suspend funding to Hungary

Hungary is facing increasing pressure on its ability to fund government programs, after key support was suspended on the weekend.

You Tube under fire now for Moat tribute

You Tube is being criticized by some social groups in the UK for not removing a tribute video to Raoul Moat, the man who shot several people in the UK and became the subject of a massive manhunt.

Millions of Muslim Facebookers appeal to company

A template letter posted into numerous Facebook pages is warning Mark Zuckerberg and his team that 2.5 million Muslims will leave the social networking site if certain demands are not met.

Wary Consumers Help Keep Inflation Down

Consumer prices fell for the third straight month, providing some bargains to American shoppers.

Enterprise Mobility: 10 More Smartphones That Will Fade Away Before 2011

Microsoft announced earlier this week that it has discontinued its Kin smartphones after just six weeks of availability. The devices, which focused heavily on social-networking activities, failed to live up to the hype Microsoft built for the Kin One...

Leadership Slideshow:The Real Value In Making Work Meaningful

"Meaning making" is as valued as "money making" for your work teams today, according to University of Michigan business professor Dave Ulrich, who is also co-founder of business consultance The RBL Group.

Shadow Banking Is Still Bigger Than Traditional Banking

In recent decades, a parallel universe sprung up in American finance — a new way for the finance industry to perform its traditional role of linking savers with borrowers. It's often referred to as the shadow banking system.

Exports Are Rising. But Imports Are Rising Faster.

U.S. companies sold lots of stuff to foreign buyers in May — the most in any month since the financial crisis hit in the fall of 2008. (And by stuff, I mean goods and services.)

Might Taiwan Be the Second Greece?

Ministry of Finance revised the bond law to increase loan limit for local authority when Legislative Yuan is preparing for upcoming bond law negotiation. The Fair Tax Reform Union convenes the press conference: “Taiwan might be the second Greece!”...

$355 A Week Is Tough, But It's Even Harder Without

Debra Rousey doesn't want to get an unemployment check every week. She'd much rather get a paycheck, as she used to back in November, before she lost her job as an assistant bank manager.