Business & Money

Secret bailouts for giant banks?

by Adrianne Appel

BOSTON (IPS/GIN) - Under a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank, big banks would not be forced to downsize and the public would... »

Bank favors costing you money

by Nisa Islam Muhammad -Staff Writer- | Nov 12, 2009 - 12:29:13 PM

WASHINGTON - Be careful when banks offer to do you a favor. It could cost you up to $35 each time they pay a charge you don't have enough money in your account to cover. Called “Courtesy Overdraft Services,” banks provide this “favor” as a help to clients. »

What do Americans know about the recovery?

by Nisa Islam Muhammad -Staff Writer- | Oct 30, 2009 - 2:08:03 PM

WASHINGTON - On a sunny afternoon at Union Station having commuters, tourists and students share their thoughts on the president's recovery program revealed some answers, but there were also plenty of questions. »

Deep budget cuts push Californians to edge

by Rob Reynolds | Oct 30, 2009 - 1:20:56 PM

FRESNO, California (IPS/GIN) - They call it Tortilla Flats—a haphazard cluster of tents and tarps sprawling across a sidewalk and a vacant lot smack in the middle of Fresno, a city of 500,000 in California's Central Valley. »

Your tax dollars at work? Let's find that federal stimulus money

by Nisa Islam Muhammad -Staff Writer- | Oct 2, 2009 - 2:23:12 PM

WASHINGTON (FinalCall.com) - While many government officials tout the availability of stimulus funds, for the average person, finding these dollars can be a journey through a maze of websites that can be frustrating. »

Activists, Big Business Converge on G20 Meet

by Jeb Sprague | Sep 21, 2009 - 7:47:54 AM

PITTSBURGH - As media and government delegates prepare for the G20 Summit to be held Sep. 24-25 in Pittsburgh, local business and activist groups are promoting clashing visions of days to come. »

Makin' money? CEO pay bouncing back after crisis

by Stephen Morris | Sep 18, 2009 - 2:47:10 PM

WASHINGTON - Only 12 months after the meltdown of the U.S. financial system and the ensuing taxpayer-sponsored government bailout, the pay of the nation's top Wall Street chief executive officers is beginning to bounce back to pre-crisis levels, according to a new study on executive compensation released Wednesday. »

Report: More jobs lost, but wages increase

by AP | Sep 18, 2009 - 2:33:20 PM

TRENTON, NJ - Despite the nation's highest jobless rate in 26 years, American workers saw some encouraging trends on Labor Day, according to a report released Sept. 7 by Rutgers University. »

Social Security to repay those wrongfully denied benefits

by Justine Drennan -New America Media- | Sep 3, 2009 - 2:28:35 PM

The Social Security Administration (SSA) has agreed to repay more than $500 million to people whose benefits have been withheld since Jan. 1, 2007, because their names and birth dates matched those of people with arrest warrants. »