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In the boardroom, it's as if the Great Recession never happened.
In the boardroom, it's as if the Great Recession never happened. CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.
In the boardroom, it's as if the Great Recession never happened.
Big companies increased their dividends by a record amount in the first quarter.
Companies stopped paying dividends and stockpiled cash during the Great Recession, and shareholders didn't complain. Now they want a reward for their patience.
Steve Jobs is the public face of Apple, but that doesn't mean investors get to know every last detail about the CEO's health.
The aggressive push federal prosecutors are making against potential insider trading is sending investigators into a legal gray area that may redefine insider trading itself.
Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye on sales of push-up bras. You read that right. Retail analyst John Morris says that if we see brisk sales of the "Miraculous" bras at Victoria's Secret it could be a good indicator of two important economic trends.
It isn't just Justin Bieber videos or stunning plays in a middle-school football game that are getting attention on YouTube these days. Add to the list a former hotel maid explaining how she signs thousands of mortgage documents a year without a clue to what she's putting her name on.
The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled with second-hand clothes, shoes, blankets and dishes.
Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two things. In New York, socialites do the unthinkable: They wear the same ball gown twice.
The smart money has moved away from stocks. So is the era of stock investing over?
Lots of homeowners are frustrated these days that they can't seem to get a mortgage refinance even though interest rates are at historic lows. It turns out they're not alone.
FedEx Corp. is reversing one of the uglier corporate trends of the recession: Starting in January, it will restore matching contributions to its employees' 401(k) plans. For some workers, that means retiring with tens of thousands more dollars socked away.
A burrito company known for super-sized stuffed tortillas goes small. A chocolatier turns to cheaper pick-me-ups rather than expensive indulgences. A furniture retailer expands in the midst of the housing market bust.
Think back to what seemed to be a lifetime ago — like a whole three years — and you'd be hard-pressed to find someone who didn't have GM stock in some part of their portfolio.
The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you interact with the financial system every day, from swiping your debit card at the store to applying for a mortgage.
Here's the thing about financial reform: It sounds good, until you try to get a car loan or pay your dentist.
The story of corporate America's comeback has a nice ring to it. That is, if it can last.
America's top CEOs are set for a once-in-a-lifetime pay bonanza.
The city of Los Angeles is putting banks it does business with on the spot.
Banks know what the public wants to hear: They're lending money to the little guys.
Ben Bernanke and Tim Geithner keep saying that they support a strong dollar. Now that we have it, they should eat their words.
You know it's a weak IPO market when a hot technology company prefers Bono to the Nasdaq.
Warren Buffett better get used to crowd control — at least when it comes to his investors.
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