Personal Economics
  • Shareholders sue Facebook, NYSE comes calling

    Shareholders sue Facebook, NYSE comes calling

    By Jonathan Stempel and Dan Levine, Reuters

    SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a...

  • SCOTUS Decision Could Raise Health Care Costs

    By Merrill Goozner, The Fiscal Times

    Transformation of the U.S. health care system is well underway under the Obama administration’s health care reform law, and some experts say the recent slowdown in cost increases can be attributed in...

  • Funds with Facebook hammered as proxy by shorts

    By Ross Kerber, Reuters

    (Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp,...

  • Dell results disappoint Street, shares dive

    Dell results disappoint Street, shares dive

    By Poornima Gupta, Reuters

    SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink,...

  • Exclusive: Housing chief leaves Morgan to launch buy-to-rent fund

    Exclusive: Housing chief leaves Morgan to launch buy-to-rent fund

    By Jennifer Ablan and Matthew Goldstein, Reuters

    (Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his...