Meltdown MBAs: The business schools that failed the economy
10:00 AM 3/5/2009
With so many Americans out of work, it's hardly surprising that universities are reporting a surge in applications. What's odd is that the nation's elite business schools continue to be as popular as ever among Wall Street wannabes.
After all, it's these schools that produced the likes of John...
As the former U.S. Federal Reserve chairman and a key member of President Obama's economic advisory team, what Paul Volker says about Wall Street matters.
So how did so many financial giants lose so much money, so fast? And why are so many Americans now losing their jobs, their homes and their...
UBS: Four ways to woo a tax cheat
3:00 PM 2/24/2009
Maybe there just isn't a mattress big enough to stuff that kind of cash. But that's where thousands of UBS's millionaire clients are likely wishing they'd kept their savings, rather than in the illegal offshore accounts now under investigation by the SEC for tax fraud.
Last week, the Swiss banking...
'Madoff Inventory' has Palm Beach pawn shops booming
12:00 PM 2/19/2009
At a time when most retailers are struggling, business is booming at Palm Beach consignment stores - thanks to Bernie Madoff.
That's where many of the disgraced financier's victims are now hocking designer clothing, furniture and other luxury goods at an unprecedented rate, local shop owners say....
Investors to Obama: Too little, too late?
8:00 AM 2/18/2009
Worried that the $787 billion stimulus plan won't do enough to fix the ailing economy, investors sent stocks plummeting to a three-month low on Tuesday, the first day of trading after the holiday weekend.
Less than two hours into the morning session, the Dow Jones Industrial average sank 230...
Top aide: Obama to lift stem cell ban "soon"
4:00 PM 2/17/2009
Choked for funding in recent years, stem cell researchers had some encouraging news over the weekend. On "Fox News Sunday," Top Obama aide David Axelrod confirmed that the president is expected to act soon on a campaign pledge to lift a federal spending ban on embryonic stem cell research.
The move...
Working moms: It's getting hectic out there (but what else is new?)
8:00 AM 2/16/2009
Companies downsize. Employers cut staff. CEOs lower wages. But what do moms do when the economy tanks? They roll up their sleeves and work even harder, that's what.
Recently, Office Depot asked more than 500 working mothers how they were coping with the downturn. While many said they were...
Valentine's SEO: Finding an old flame online for free
5:00 PM 2/13/2009
Your senior prom beau? The bad boy your parents hated? The sexy nerd who stole your heart in college? We've all loved 'em and left 'em. So where are they now? Turns out most +45 women want to know -- and many are going online to find out. In a new wowOwow poll of our audience of women aged 45 and...
Need a home? Ask Obama
5:30 PM 2/12/2009
Henrietta Hughes, the homeless Florida woman who asked President Obama for help at a town hall meeting on the economic stimulus plan, is moving out of her pickup truck and into the home of a state representative.
Earlier this week, Chene Thompson, the wife of Florida state Rep. Nick Thompson,...
Madoff screws women's groups, reproductive rights issues
4:00 PM 2/12/2009
As if the down economy wasn't bad enough, the unwravelling of Bernie Madoff's Ponzi scheme has many women's groups struggling for new funding.
Many are facing deep cuts from foundations that were invested with Madoff, who federal authorities have accused of operating a fraudulent $50 billion...
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