California wants to tax rich

Tax the rich! That’s how California Governor Jerry Brown wants to solve the state’s growing budget crisis that now nears $ 16 billion.

GOLD PRICES PLUNGE

So much for gold being a safe investment in times of market volatility.

Forex Enterprise Co. Warns of Potentially Hazardous Incandescent Ceiling Mount Luminaires

Forex Enterprise Co. Warns of Potentially Hazardous Incandescent Ceiling Mount Luminaires.

Clock ticking down on Greek government talks

The Greek president will resume talks Monday with political party leaders in a scramble to try to form a new government, but the head of the second-largest party says he will not attend.

Yahoo confirms CEO is out after resume scandal

Yahoo CEO Scott Thompson is out after it was found he padded his resume with an embellished college degree, ending his term at the company after just four months.

Facebook co-founder renounces U.S. citizenship

Eduardo Saverin, one of Facebook’s four co-founders, has renounced his U.S. citizenship, according to the Internal Revenue Service.

China’s central bank eases

China’s central bank took further action Saturday to stimulate its economy.

JPMorgan and the politics of financial reform

Wall Street reform has not been a huge topic on the campaign trail thus far, largely because every Republican candidate agreed that the financial regulations enshrined in Dodd-Frank should be repealed.

Chesapeake tumbles 14% on debt snag

Shares of Chesapeake Energy plunged late Friday after the heavily indebted firm revealed that it may be forced to delay some asset sales.

Are megabanks too big to manage?

JPMorgan Chase’s $ 2 billion hedging blunder is adding fuel to those who think the megabanks are just too big.

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