Personal Economics
  • Pop Goes the Facebook IPO

    By Alexei Anishchuk, Reuters

    Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it...

  • Strong Wal-Mart profit trumps bribery probe concerns

    Strong Wal-Mart profit trumps bribery probe concerns

    By Jessica Wohl, Reuters

    (Reuters) - Wal-Mart Stores Inc's profit and sales surpassed expectations as more people shopped at its established U.S. stores and spent more, pushing shares up more than 4 percent despite ongoing...

  • Banks' rising bad loans add to Spanish troubles

    Banks' rising bad loans add to Spanish troubles

    By Julien Toyer and Jesús Aguado, Reuters

    MADRID (Reuters) - Spanish banks' bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure...

  • Dems Return Fire on Boehner over Fiscal Crisis

    Treasury Secretary Timothy Geithner and Democratic Senate Budget Committee Chairman Kent Conrad returned fire on House Speaker John Boehner after the speaker revealed this week that Republicans will...

  • Coffee Addicts Rejoice! It’s Good for You

    By Merrill Goozner, The Fiscal Times

    A large study funded by the National Institutes of Health found that heavy coffee drinking reduces your risk of early death by as much as 16 percent and may even reduce smokers’ chance of premature...