JP Morgan Shareholders Might Fire Jamie Dimon From One Of His Jobs
During the financial crisis, JP Morgan Chairman and CEO Jamie Dimon was the golden boy of Wall Street.
Categories: News in finance, Personal Finance Tags: browser, business, crisis, economy, education, finances, investment, lifestyle, markets, obama, personal-finance, taxes
Only 150 of 3500 U.S. Colleges Are Worth the Investment: Former Secretary of Education
The U.S. is home to some of the greatest colleges and universities in the world.
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$50M for Getting Fired? OXY’s Ray Irani Takes C-Level Excess to New Heights
Occidental Petroleum chairman Ray Irani lost his job Friday after 76% of shareholders opposed his reelection, the latest high-profile executive to be shown the doors.
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Dow 15,000: ‘Sometimes a Bullish Market Is Just a Bullish Market’
By Michael Santoli The Dow Jones Industrial Average jumped above 15,000 for the first time in its long history Friday morning on the strength of a thousand fears going unrealized. The employment report for April — showing a greater-than-forecast 165,000 new jobs and an unemployment rate slipping down to 7.5% — was just the latest bit of economic news that looked merely OK but was good enough to allay widespread anxiety that the U.S.
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Tony Blair: Africa Poised to Be a Great Economic Story of the 21st Century
The BRICs? So yesterday. China?
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Next 5 Months Are Critical For Budget Reform: Maya MacGuineas
Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget, a non-profit organization committed to analyzing and influencing fiscal policy, says the next five months are critical for budget reform. In an interview at the Milken Institute's 2013 Global Conference, MacGuineas argues that Washington needs to replace the sequester with a bigger debt deal – one that tackles the “real problem areas of the budget” such as health care, aging and an outdated tax code
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‘Homeownership Is Still the Cornerstone of the American Dream’: Rick Newman
Housing data out this week continues to support the case that a recovery is in the making. Home prices jumped 8.6% and 9.3% since February 2012, according to the latest reading of the S&P/Case-Shiller Home Price Index for its 10- and 20-city composites. Those are the biggest gains since 2006
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Pimco’s El-Erian: Fed Is Artificially Inflating Asset Prices in “Most Unloved Market Rally”
Many market strategists credit the Federal Reserve with the rally that has pushed the Dow and the S&P 500 to record highs.
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CFTC Commissioner on #HackCrash: Beware of a Rise in Twitter Arbitrage
The Commodity Futures Trading Committee is currently holding a hearing on the market impact of the April 23 rd Twitter attack.
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Niall Ferguson to Paul Krugman: You’re Still Wrong About Government Spending
Niall Ferguson has two words for Paul Krugman: you’re wrong. The Harvard University history professor and author of “Civilization: The West and the Rest” says Krugman’s pro-government spending thesis not only fails to address the core problems facing the U.S. and Europe today but also has dire consequences for individuals living in these economies.