Obama: Congress Needs to Focus on Job Creation by The Associated Press May 17th 2013 2:31PM Obama pushes Washington lawmakers to focus on job creation during a trip to Baltimore to visit a manufacturer of pumping and digging equipment.
Obama Shifts Focus to Jobs by The Associated Press May 17th 2013 8:02AM President Barack Obama leaves behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
Obama Picks OMB Chief to Run Embattled IRS by The Associated Press May 17th 2013 6:46AM President Obama picked a senior White House budget expert Thursday to become the acting head of the IRS, the same day another top official announced plans to leave the agency.
Groupon Co-CEO Ted Leonsis: We Can Be a $100 Billion Company by Business Insider May 16th 2013 4:40PM Groupon co-CEOs Eric Lefkofsky and Ted Leonsis have some interesting visions for the future of their daily deals company.
Powerball Jackpot Leaps to $550M by The Associated Press May 16th 2013 2:46PM The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket.
CEO Pay Rises Modestly, Still Dwarfs Workers' by DailyFinance Staff May 16th 2013 12:10PM A survey of major companies says CEO pay rose just 3.6% from the year before, not all that much different than the 2.3% pay hike given to the average worker. And yet...
S&P Downgrades Berkshire Hathaway Rating by The Associated Press May 16th 2013 10:00AM Standard & Poor's cut a major rating for Warren Buffett's Berkshire Hathaway, saying the move better reflects the company's dependence on its core insurance operations.
Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
Congress Divided Over Federal Food-Stamp Program by The Associated Press May 16th 2013 6:53AM House and Senate committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink food aid.
IRS Official Resigns, But Investigations Won't End by The Associated Press May 16th 2013 6:04AM The acting commissioner for the IRS, Steven Miller, has resigned, but don't look for the outcry over the agency's improper targeting of tea party groups to subside.
Today's Billion-Dollar Start-Ups Should Be Thanking the Fed by CNBC May 15th 2013 12:00PM The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
Lower Deficit Predictions May Hamper U.S. Budget Deal by The Associated Press May 15th 2013 6:17AM The recovering economy is producing greater tax revenues, but an improving deficit picture also reflects the accumulating effects of prior rounds of spending cuts.
Investing, 'Mad Men' Style by Caroline Bennett May 15th 2013 5:00AM Here's a look at a few great investment opportunities that are holding strong long after their talks with Don Draper's fictional advertising agency.
J.C. Penney is Done Apologizing; Now, It Wants to Thank You by Matt Brownell May 14th 2013 9:40AM Just weeks after launching an ad campaign apologizing for alienating its customers, J.C. Penney has stopped running its big apology commercial and pulled it from the Internet.
Abercrombie & Fitch's Strange CEO May Want to Rethink by DailyFinance Staff May 13th 2013 3:19PM Abercrombie & Fitch CEO Mike Jeffries is once again attracting to the wrong kind of attention for his years-old comments on plus-sized clothing.
In Sync with Buffett: Other Business Icons Betting on Women by Caroline Bennett May 13th 2013 12:40PM Warren Buffett recently made a very public statement in praise of America's professional women. Here are a few other notables who have gone on the record in the same vein.
Dimon May Leave JPMorgan If Stripped of Chairmanship by Reuters May 13th 2013 7:53AM JPMorgan Chase Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties.
Health-Care Overhaul Seen Boosting Drug Costs by The Associated Press May 13th 2013 6:30AM Cancer patients could face high costs for medications under President Barack Obama's health care law, industry analysts and advocates warn.
IRS Says It's Sorry for Targeting Conservative Groups by The Associated Press May 10th 2013 11:25AM The IRS is apologizing for inappropriately flagging conservative political groups for reviews during the 2012 election to see if they were violating their tax-exempt status.
Obama Presses Middle-Class Jobs Agenda in Texas by The Associated Press May 9th 2013 4:13PM President Obama resurrected his jobs proposals Thursday, advancing modest initiatives as he pushed for action on more ambitious efforts that face resistance from Republicans.
A Davos Grows in the Desert: Why the SkyBridge Conference Matters by CNNMoney May 9th 2013 11:53AM Hedge fund manager Anthony Scaramucci has elevated his Skybridge Alternatives confab in Vegas into a conference of big ideas.
Obama Renews Focus on Jobs, Economy with Texas Trip by Reuters May 9th 2013 7:47AM President Barack Obama travels to Texas to put his focus back on job creation and economic growth after intensive attention to gun control legislation and immigration reform.
Jailed Enron CEO Jeffrey Skilling Will Get Prison Term Shortened by The Associated Press May 8th 2013 3:04PM Federal prosecutors and attorneys for convicted ex-Enron CEO Jeffrey Skilling have reached a deal that will trim his sentence for his role in the energy giant's collapse.
With 15,000 in the Bag, What's Next for the Dow? by The Associated Press May 8th 2013 6:22AM Now that the Dow Jones industrial average has pushed past 15,000, what's next? Four market experts give their views.
5 Ways You Could Engage With Warren Buffett on Twitter by Eamon Murphy May 7th 2013 2:50PM On Thursday, Warren Buffett joined Twitter, so if #socialmedia's your thing, we have a few ideas about how you could use it to interact with the Oracle of Omaha.
The Wit and Wisdom of Warren Buffett by The Associated Press May 5th 2013 5:00PM Billionaire Warren Buffett dispensed plenty of advice on investing and life during this weekend's Berkshire Hathaway shareholders meeting.
Berkshire Hathaway's Future Weighs on Investors' Minds by Chuck Saletta May 3rd 2013 1:27PM Berkshire Hathaway investors have two key questions for CEO Warren Buffett and vice chairman Charlie Munger -- but whether the answers are forthcoming remains to be seen.
Wall St. This Week: SunPower Rose Early, Car Sales on a Roll by Rick Aristotle Munarriz May 3rd 2013 12:45PM From SunPower enlightening some shareholders prematurely to Warren Buffett's first tweet, here's a rundown of the week's most interesting action in the business world.
The 'Oracle of Omaha' Tweets; Warren Buffett Joins Twitter by Reuters May 3rd 2013 6:31AM If followers were dollars, Buffett is having even more success on Twitter than he had with one of his best investments ever.
Obama Nominates Pritzker, Froman for Economic Jobs by The Associated Press May 2nd 2013 7:21AM President Barack Obama has nominated Mike Froman and Penny Pritzker for the last two vacant Cabinet slots on his economic team.
Kareem Abdul-Jabbar Shares Personal Finance Regrets by Matt Brownell May 1st 2013 10:30AM The NBA's all-time leading scorer talks about how a shady investment adviser nearly swindled him. Here's how you can avoid a similar fate.
Owners of Hungry Pets Can Now Turn to Pet Food Stamps by David Schepp May 1st 2013 5:00AM There is no federal program to help the needy feed their cats and dogs, but one enterprising entrepreneur has stepped in to fill the void by creating food stamps for pets.
