Personal Finance
Praise for US officials' modest lunch bill in China
Mar 21, 2013 01:58 EDT
Chinese netizens praised the US Treasury chief for eating a cheap dumpling lunch after meeting new President Xi Jinping, comparing his modest bill to the lavish spending habits of domestic officials.
Financier charged in fake pre-IPO Facebook sales
Mar 19, 2013 15:14 EDT
A Florida investment adviser was charged Tuesday with selling $8 million of fake Facebook shares ahead of the social network's highly anticipated public offering, officials said.
Sochi struggling with 'overspending, legacy'
Mar 13, 2013 08:46 EDT
State overspending on the 2014 Sochi Winter Olympics amounts to more than half a billion dollars while the government has failed to provide a lasting legacy for sporting venues, according to an official audit report.
Hackers post 'private data' of Michelle Obama, FBI head
Mar 12, 2013 19:53 EDT
US authorities were investigating Tuesday after hackers posted personal financial data belonging to First Lady Michelle Obama, the head of the FBI and several A-list celebrities online.
Obama lays on charm in Congress
Mar 12, 2013 17:11 EDT
President Barack Obama Tuesday launched an unusual mission to woo lawmakers on Capitol Hill, but budget clashes with Republicans underscored the difficulty of striking a grand deficit bargain.
White House: Republican budget 'doesn't add up'
Mar 12, 2013 15:24 EDT
The White House warned Tuesday that a new Republican budget plan did not add up, would hike taxes on the middle class or fail to cut the deficit and would be sure to hurt healthcare for the elderly.
US consumers boost spending in January
Mar 01, 2013 09:36 EST
US consumers increased spending in January despite a sharp drop in income linked to 2013 tax changes, government data released Friday showed.
S&P says Australia's AAA rating safe
Feb 26, 2013 22:36 EST
Australia's top triple-A rating appears secure despite high household debt and banks' high reliance on foreign funding, Standard & Poor's said Wednesday.
Silver Bear winner returns to Bosnian Roma slum
Feb 23, 2013 08:51 EST
"Bosnia's best actor lives here," says a brightly coloured cardboard sign hung on a tree, near where the village's asphalt road turns into the muddy path that leads to a Roma slum.
Esquire report on Navy SEAL comes in for criticism
Feb 13, 2013 13:08 EST
The US government has not denied health insurance to the Navy SEAL who killed Osama bin Laden despite a magazine article that implied otherwise, officials said Wednesday.
Navy SEAL who killed bin Laden breaks his silence
Feb 11, 2013 22:12 EST
The Navy SEAL who killed Osama bin Laden broke his silence, recounting the night he shot the Al-Qaeda leader three times and the financial anxiety he now faces as an unemployed civilian.
Navy SEAL who killed Bin Laden breaks his silence
Feb 11, 2013 20:32 EST
The Navy SEAL who killed Osama bin Laden broke his silence, recounting in an interview the night he shot the Al-Qaeda leader three times and the financial anxiety he now faces as an unemployed civilian.
South Korean households mired in debt
Feb 05, 2013 23:45 EST
Lee Sang-Kuk delivers meat during the day and drives drunk businessmen home at night, but even with two jobs he and millions of other South Koreans are struggling against a tide of household debt.
US Congress postpones 'debt ceiling' deadline
Jan 31, 2013 16:59 EST
The US Congress on Thursday suspended the country's debt ceiling until May, giving lawmakers three months for high-stakes budget negotiations and averting a potentially catastrophic default.
US consumer spending flat in December
Jan 31, 2013 11:59 EST
US consumers held tight to their wallets in December, the key holiday shopping season, despite a rise in incomes, according to Commerce Department data released Thursday.
Moody's downgrades six big Canadian banks
Jan 28, 2013 17:10 EST
Moody's on Monday downgraded the long-term credit ratings of six large Canadian banks, citing concerns over record high Canadian consumer debt and soaring home prices.
Data brighten prospects for German, eurozone recovery
Jan 25, 2013 10:21 EST
The eurozone may finally be emerging from its crisis, data showed Friday, with banks rushing to repay emergency funding and confidence in Germany on a seemingly unstoppable upwards trajectory.
ECB says banks to repay 137 bn euros in loans
Jan 25, 2013 07:20 EST
The European Central Bank said Friday that 278 eurozone banks will repay early 137.16 billion euros ($184.5 billion) of ultra-cheap three-year loans made available to them a year ago in emergency liquidity measures.
'Don't mess with Mary Jo': Obama on SEC pick
Jan 24, 2013 15:40 EST
President Barack Obama Thursday named high powered New York prosecutor and organized crime buster Mary Jo White to lead the Securities and Exchange Commission to implement his Wall Street reforms.
Five charged with 'hate' in disabled kidnap case
Jan 23, 2013 17:27 EST
US authorities on Wednesday announced hate crime charges against a gang accused of imprisoning mentally disabled people in a decade-long scheme to steal their Social Security benefits.
