Finance & Economics | WPN World People News

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.

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

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 and Kin Two. But the Kin smartphones aren't the only devices that will fail in 2010. Read on to see 10 other smartphones that, like Microsoft's Kin, will fail in 2010.

"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.

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.

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.)

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!” Regarding to this censure, the Minister of Finance Mr. Li Shu-Te refutes that this statement is too excessive. He also mentions that the obligation residue will reduce in 2014. The Fair Tax Reform Union reply on May 31: “It is definitely excessive, Taiwan is even more miserable than Greece. Greece can rely on Europe union to solve their debt but who will be our backup?” According to the Mr. Li’s refutation, they keep asking “You desperately cut tax in your term of service and bet the debt will decrease in the successor term. If the obligation residue will not reduce in the future, who should take the political liability?

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.

On June 17th, the third panafrican conference on best practices in ICT in francophone Africa opened in Ouagadougou, Burkina-Faso [fr]. While the conference focused on strategies to curb cyber-criminality, the Togolese blogosphere is embracing the potential of information technology for development, especially women and young people.

Britain’s past prosperity does not guarantee a prosperous future and the UK must “reboot and rebuild” its economy, Prime Minister David Cameron has warned.