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Veterans jobs corps: beating swords into plowshares?Veterans jobs initiative, proposed by President Obama, would create 20,000 veterans jobs in public conservation work and cost $1 billion over five years.
Jobs report boosts Dow to four-year highA drop in the unemployment rate to its lowest in three years propelled the Dow Jones industrial average Friday to its highest close since before the 2008 financial crisis.聽 The Dow jumped 156 points to close at 12862.
Gold prices up in uncertain timesGold prices are heading up again, but why is everything but gold prices going down?
Sheryl Sandberg, Facebook COO, made $30 million in 2011Sheryl Sandberg, the No. 2 person at Facebook, pulled in a聽sterling聽salary last year. Even Mark Zuckerberg made only a small fraction of聽Sheryl Sandberg's total 2011 earnings.
Long term unemployment still epically distressedConditions for the long term unemployed were mixed in January. Comparatively, they're still epically distressed.聽
Facebook on collision course with new EU privacy lawsProposed EU laws on Internet privacy will target a critical money-maker for Internet companies such as Facebook: their wealth of personal data on users.
The tax system needs a bulldozerOur tax system is a mess and unless we send a clear signal to Congress to do something about it, it鈥檚 just going to get messier and messier.
Five ways to preserve family wealth Have you ever seen a mansion wasting away? Or a family business close after several generations? For as long as records have been kept, it seems, 9 in 10 families fail to hold onto their assets 鈥� and their family unity 鈥� for more than three generations. It doesn't have to be that way. There is a formula for sustaining wealth from one generation to the next, and it has little to do with investment strategies or legal structures and everything to do with building family relationships. In our work with The Heritage Institute, which helps successful families pass on their wealth and unity, we have broken down this formula into five essential elements. Whether you're trying to preserve a $50 million estate or a $50,000 inheritance, these five elements can help you build family lasting unity around shared goals:
Unemployment rate drops to 8.3 percent. Is that a problem for Mitt Romney?It could become harder for Republicans such as Mitt Romney to blame President Obama for a lack of jobs. In January, the unemployment rate fell to its lowest level since February 2009.
Unemployment rate drops to 8.3 percentToday's employment situation report from the Bureau of Labor Statistics shows total unemployment in January declined to 8.3 percent.聽
Pension investing and developing countriesInstitutional investors will turn to the developing world seeking higher returns but what are the risks of seeking those returns?
Tech stocks bask in Facebook's glowTech stocks related to social media, like Groupon and Zynga, see shares rise after Facebook IPO. But boost for these tech stocks could be temporary. 聽
Facebook IPO: CEO is ruler. Can shareholders win?Facebook IPO makes clear that CEO Zuckerberg dominates the company with more than half the board votes. But studies suggest that might benefit shareholders long after the Facebook IPO.聽
Ron Paul's Fed chairmanFor both Paul and Gingrich, Jim Grant would be an important player in federal finances.
Mortgage rates: new record lows. Again.Mortgage rates drop to 3.87 percent for a fixed 30-year loan; 15-year fixed mortgage rates fall to 3.14 percent. That's the lowest in more than a half century of data.
Can Facebook IPO help solve a state budget crisis?The Facebook IPO could bring California as much as $500 million in tax revenues from capital gains. Depending on whom you talk to, that's a significant help or a drop in the bucket.聽
Why expiring tax cuts should actually expireThe charade of annual or biennial debate about perpetually 鈥渆xpiring鈥� tax provisions is terrible tax policy and a symbol of our failure to come to terms with budget reality.
Facebook IPO is good news for Zynga, Pandora, Groupon, tooThe impending Facebook IPO has given a leg-up to social gaming powerhouse Zynga.聽
'Right to work' push has unions stewing and a fight brewingA 'right to work' push in Minnesota leads to boycotts by Democratic lawmakers and protests in multiple states.
Obama opens door to offshore wind power along mid-Atlantic coastInterior Secretary Ken Salazar announced plans Thursday to open聽four new wind-leasing regions for wind farms along the mid-Atlantic coast. States look forward to a positive economic impact.