U.S. Business

Former New Jersey governor Jon Corzine may come out of MF Global's bankruptcy with a $12.1 million severance package, but he can say almost certainly say goodbye to a political comeback.

MF Global's 'spectacular' collapse: Winners and losers

The brokerage firm files for Chapter 11 in one of the biggest bankruptcies in U.S. history. But not everyone is particularly upset

Former New Jersey Gov. Jon Corzine heads the brokerage firm MF Global, which filed for bankruptcy on Monday, and is still scrambling to find $700 million in missing customer money.

MF Global: Where is the bankrupt firm's missing $700 million?

Jon Corzine's brokerage house files for bankruptcy — after the feds discover loads of cash missing from customers' accounts

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Liberals, Occupy Wall Streeters, and President Obama have all called for millionaires to pay more in taxes.

Taxing the rich: A guide to the controversy

The wealthiest Americans are flourishing, while the middle class falters. Are the rich paying their fair share?

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A couple considers purchasing a car at a Chrysler dealership in Florida: Increased vehicle sales were one factor that helped boost the U.S. economy grow at a 2.5 percent pace in the third quarter.

The economy's 'surprising' growth: 'Is the recovery back on track?'

In a rare bit of good news, the feds announce that the U.S. economy grew at a 2.5 percent rate in the third quarter. Time to talk about green shoots again?

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In a new "60 Minutes" interview, Ruth Madoff reveals that she and her husband Bernie Madoff tried to commit suicide on Christmas Eve 2008 by overdosing on Klonopin and Ambien.

Ruth Madoff's 'surprising' suicide confession: Why now?

In an interview with 60 Minutes, Bernie Madoff's wife admits that she and her husband tried to kill themselves soon after his Ponzi scheme unraveled

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A zombie flashmob: Zombies have inspired movies, Halloween costumes, and even Occupy Wall Street garb, and in the process, they've given a boost to the near-dead economy.

America's $5 billion zombie industry: By the numbers

As zombies invade nearly all aspects of the arts and commerce, the undead are helping to keep the U.S. economy alive

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President Obama unveils his student loan plan at the University of Colorado on Wednesday: Some say the proposed debt relief may further encourage young people to attend schools they can't afford.

Obama's student loan plan: Woefully inadequate?

The president offers debt relief to help struggling graduates cope. But critics say the proposal is so meager that it's meaningless

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The congressional super committee charged with slashing America's deficits may try to save billions by retiring the venerable dollar bill in favor of the little-loved dollar coin.

The dollar bill: R.I.P.?

The deficit-cutting super committee may try to scrap the greenback, in the hopes that Americans will finally embrace the little-loved dollar coin  

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Marketers are still paying big bucks for TV ad placement, with NBC's Sunday Night Football drawing the highest price, at $512,367 for one 30-second ad.

The booming TV commercial business: By the numbers

Forget the down economy and supposed ascendancy of cable — these are awfully good times for network TV advertising

Jay-Z congratulates a group of young entrepreneurs on their business decisions in an episode of Warren Buffett's web series "The Secret Millionaires Club."

Warren Buffett and Jay-Z's 'awesomely dorky' financial literacy cartoon

Buffett plays financial guru to entrepreneurial kids in the animated web series The Secret Millionaires Club — with a cameo from the hip-hop mogul

David Frum

David Frum: The American Dream moves to Denmark

At the GOP's latest debate, Rick Santorum utters some hard truths about our economic decline

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The Goldman Sachs booth at the New York Stock Exchange: The banking heavyweight's $428 million quarterly loss doesn't bode well for the New York City economy.

Goldman Sachs' $428 million loss: What does it mean?

Amid market turmoil, the investment banking giant posts a rare loss for the third quarter — inspiring both ominous predictions and shrugs

New rules from the FCC may help cell phone users avoid unanticipated service fees and roaming charges.

The FCC's 'win-win' deal on cell phone 'bill shock'

The feds convince all the major U.S. wireless carriers to voluntarily warn customers before they go over their monthly minutes. Is there a catch?

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After a scorcher of a summer, the peanut harvest yielded far fewer nuts than expected, which means peanut butter prices are spiking by 30 percent or more.

Peanut butter’s 'scary,' skyrocketing prices: By the numbers

Unpredictably hot weather makes for a dismal peanut harvest, and now you'll have to pay a whole lot more for a lunchbox staple

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Traders on the New York Stock Exchange: Things aren't looking good for Wall Street, which may see 10,000 jobs cut in the securities industry by 2012.

Wall Street's job 'slashing': By the numbers

New York's comptroller expects the titans of finance to jettison 10,000 jobs by the end of next year. How badly would that hurt the economy?

8 Comments

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