Though Occupy Wall Street protesters have staked out workers in the nation’s financial capital for weeks, a 2010 study suggests that most of the people in the “1 percent” don’t actually work in the financial industry. Financial professionals make up 14 percent of the top 1 percent of American earners as of 2005, CNN Money
Continue reading …Despite a few more positive signs in recent weeks, economists still are gloomy about where things are headed in the coming year. Eighty-four percent of business economists expect the economy to grow at 2 percent or less over the next 12 months, according to a survey conducted by the National Association for Business Economists. Just
Continue reading …Despite a few more positive signs in recent weeks, economists still are gloomy about where things are headed in the coming year. Eighty-four percent of business economists expect the economy to grow at 2 percent or less over the next 12 months, according to a survey conducted by the National Association for Business Economists. Just
Continue reading …In an interview with “60 Minutes” on Sunday evening, Steve Jobs’ biographer Walter Isaacson revealed that the Apple founder actually did meet his biological father face-to-face once–even though neither man realized it at the time. The intensely private Jobs sought out his biological mother and sister in the mid 1980s, saying that he felt something
Continue reading …In an interview with “60 Minutes” on Sunday evening, Steve Jobs’ biographer Walter Isaacson revealed that the Apple founder actually did meet his biological father face-to-face once–even though neither man realized it at the time. The intensely private Jobs sought out his biological mother and sister in the mid 1980s, saying that he felt something
Continue reading …Major Wall Street banks are handing over some hefty sums to settle charges that they misled investors about those exotic mortgage deals that helped nearly topple the financial system. Citi is the latest to pay up. The Securities and Exchange Commission announced Wednesday that the mega-bank will part with $285 million to settle allegations that
Continue reading …Three leopards, a grizzly bear and two monkeys are the only animals that remain alive after Ohio authorities used high-powered rifles to hunt down dozens of exotic animals released by a farm owner near Zanesville on Tuesday. The owner killed himself after letting the creatures loose, police say. The surviving animals are being held at
Continue reading …Three leopards, a grizzly bear and two monkeys are the only animals that remain alive after Ohio authorities used high-powered rifles to hunt down dozens of exotic animals released by a farm owner near Zanesville on Tuesday. The owner killed himself after letting the creatures loose, police say. The surviving animals are being held at
Continue reading …Three leopards, a grizzly bear and two monkeys are the only animals that remain alive after Ohio authorities used high-powered rifles to hunt down dozens of exotic animals released by a farm owner near Zanesville on Tuesday. The owner killed himself after letting the creatures loose, police say. The surviving animals are being held at
Continue reading …A bipartisan proposal in the Senate hopes to give out three-year visas to foreigners who drop $500,000 in cash on real estate in the United States. Participants wouldn’t be allowed to work in the country without applying for another visa and would have to pay U.S. taxes. The Los Angeles Times reports that the plan
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