It’s not every day that Main Street gets a slam dunk on Wall Street. But the Federal Reserve’s proposed cap on “swipe fees” could significantly reduce small businesses’ costs while cutting into big credit card company’s profits. Latest financial news – CNNMoney.com
Two years after the arrest of Bernard Madoff, the fallout from his sweeping Ponzi scheme continues to wreak havoc on thousands of victims, whose lives were destroyed by the gargantuan scam. Latest financial news – CNNMoney.com
Mark Madoff, the son of convicted Ponzi-schemer Bernard Madoff, was found dead in his Manhattan apartment Saturday morning of an apparent suicide, according to a law enforcement source. View full post on Latest financial news – CNNMoney.com
Is the Internal Revenue Service targeting African-American and Hispanic taxpayers? That’s the conclusion of a new study provided exclusively to Fortune titled “IRS Enforcement’s Impact on Minority Communities,” conducted by Thomas M. Evans, CEO of TaxLifeboat, a firm that advises taxpayers on resolving their problems with the IRS. View full post on Latest financial news [...]
Sure, the fact that it can afford to drop a few billion makes Google an attractive suitor for Groupon, but it’s not 30-year-old founder and CEO Andrew Mason’s first choice. He’d rather something more offbeat. View full post on Latest financial news – CNNMoney.com
There are plenty of reasons to not like bank stocks. View full post on Latest financial news – CNNMoney.com
So much for limited government! View full post on Latest financial news – CNNMoney.com
The Senate failed Tuesday to advance a bill that would have extended the deadline to file for federal unemployment insurance through next year. View full post on Latest financial news – CNNMoney.com
The Obama administration and congressional leaders have begun talks toward a deal on extending Bush-era tax cuts, President Obama said after a meeting with representatives of both parties Tuesday. View full post on Latest financial news – CNNMoney.com
Everyone is talking about creating more green jobs, but few people seem to know how to actually do it. That got Chad Holliday, the former CEO of DuPont and current chairman of Bank of America, thinking about solutions. Earlier this year he helped form the American Energy Innovation Council (AEIC), a bipartisan group of business [...]