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Rupert Murdoch, News Corp. confirms possible two-way splitRupert Murdoch and his behemoth parent company News聽Corp. confirm that a possible shake-up is in the works, with the media conglomerate exploring the idea of splitting into two publicly traded companies.
C'est la vie: French emphasize food, gossip over economics, warSo who's right? The French seem preoccupied with the mistresses of their new chief, and the details of their last meal. Meanwhile back in America, President Barack Obama is happily married, but taking flak for his economic and foreign policies.
Sheryl Sandberg becomes Facebook's first board womanSheryl Sandberg, Facebook's chief operating officer, has become the first woman on the company's board of directors. Sheryl Sandberg has been with Facebook since 2008, when the social-networking site lured her away from Google.
SB 1070 and the fight over patriotismSB 1070, the strict Arizona immigration law ruled on yesterday by the Supreme Court, is seen by many as essential to keep illegal immigrants out of the US and preserving the American way of life. Yet many of those same politicians who support SB 1070 and measures like it in the name of protecting our borders are also intent on destroying our system of government.
Cyprus seeks bailout, following Spain. Who's next?Cyrpus became the fifth country to seek financial aid Monday, as Cyprus banks suffered heavy losses on Greek debt.
Seek out community newspapers for free activities and couponsFree community newspapers are perhaps the most useful resource available for finding interesting inexpensive and free things to do in your local community and in the communities around where you live.
Where are car repairs the most expensive?A new study from CarMD shows that the overall cost of repairs declined six percent in 2011, from an average of $356 to $334. For drivers seeking repairs in five Western states, however, the costs were much higher, at an average of $360.
Weary investors sell stocks as Spain seeks helpSpain formally asked for help to rescue its ailing banks, but its request left many questions unanswered, including just how big a bailout it needs. Unsettled markets contributed to the Dow dropping 138 points to close at 12,502.
From conception to creation, an entrepreneur鈥檚 journey to successLike many before him, hopeful entrepreneur Jason worked on a business he wanted to launch while in Dr. Cornwall's program. His plan was to move to Montana and open a coffee shop. However, as is often the case, nothing went according to plan
Indie workers: Is self-employment the new norm?Facing a sluggish economy where jobs aren't as secure, A growing number of US workers are foregoing traditional employment to strike out on their own. Some left the workforce for more flexibility, while others were forced into self-employment by an uncertain job market.
Given political restraints, the Fed has little actual powerUsing current methods, under current political restraints, government inflation is not feasible to any real extent. Barring a more clever scheme, the Fed lacks the power to generate the kind of extra monetary inflation some on the left have called for.
Spain makes official debt bailout requestSpain bailout: The country has made a formal request for a loan聽 to help clean up its troubled banking sector. The Spain bailout could take up to $77.7 billion to help the country's banks survive.
Institutional investors join the 'revolution'Investors who read and react to blogs and the Twitterverse may not realize it, but they're actually on the forefront of a revolution, according to Joshua Brown, one of the greatest information disintermediations in modern history.
Money memes: Financial repression and China鈥檚 extractive eliteChinese authorities have artificially lowered the interest rates that regular Chinese citizens earn on their savings and have directed these cheap funds to finance 鈥渟taggeringly unprofitable鈥� state enterprises that spin out wealth for connected elites.
Bernard Madoff victims to get $405M in settlementBernard Madoff investment scam victims will get聽 $405 million settlement payout from hedge fund manager J. Ezra Merkin. Additionally, New York state will get $5 million to cover the cost of the settlement for the Bernard Madoff victims.
The national debt as a high school subjectCurrent high school and early college textbooks don't adequately explain what the federal debt is and why the students should care about it. This is a problem, because they are the ones set to inherit it.
30-year mortgage rate falls to record 3.66 percent30-year mortgage rates continued to spiral downward last week, falling to yet another low. The average 30-year mortgage rate fell to record low for the seventh time in eight weeks.
Bargain finds at your local post officeNext time you mail a package or stop in to buy stamps, take a look at your post office's bulletin board. No telling what you'll find.
8 ways to lower your monthly rentWith these tips, you could save thousands annually on your apartment rental.
Good news? Demand for gas plummets, oil prices sinkThe average price for a gallon of regular unleaded gasoline is $3.45聽-- 18 cents below last year, and 23 cents lower than May. That's good news for commuters, road-trippers, and other folks who depend on their cars. Crude oil prices have also dropped.