In what could be good news for the middle class (if President Barack Obama is re-elected), Vice President Joe Biden during a debate on Thursday with GOP vice-presidential candidate Paul Ryan signaled a possible change in the Democrats' longstanding position on tax rate increases, raising the threshold for increases from families with annual incomes of more than $250,000, to those making one million or more.
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Orthodox Jewish therapist gets 103 years in prison for sex abuse
An ultra-Orthodox Jewish counselor was sentenced to 103 years in prison on Tuesday for sexually abusing a young female patient over three years
TD Ameritrade Gathers a Record $16 Billion in Net New Client Assets
TD Ameritrade gathered record net new client assets of $16 billion - up more than 50 percent from the same quarter a year ago.
Rajat Gupta, former Goldman Exec, Sentenced to Two Years in Prison for Insider Trading, $5 Million Fine
U.S. District Judge Jed Rakoff sentenced the former Goldman Sachs director to two years in prison for insider trading and fined him $5 million in a Manhattan court room yesterday.
Mitt Romney to Fire Fed Chairman Ben Bernanke if Elected President?
Republican presidential candidate Mitt Romney has gone on record as saying he is opposed to Federal Reserve Chairman Ben Bernanke's economic stimulus plans as "ineffective and inflammatory," and has vowed to appoint a new Fed Chair, if he is elected, The New York Times reported today.
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Thanks to a motion made by The New York Times in August, e-mails relating to an anti-trust civil lawsuit being brought against 11 of the biggest private equity firms have been made public.
Greek's ancient Port of Piraeus is half-owned by the Chinese-owned giant Cosco, which has tripled the volume of cargo traffic there since 2010. The trade-off is in workers' salaries and employment protections.
The most recent report from the Department of Labor showed a 7.8 percent drop in unemployment for September, with 873,000 people added to the payrolls.
A quick rundown of the differences between venture capital and private equity. Not sure about the difference between venture capital and private equity? You're not alone.
CIVETS, Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa, could outpace the BRICs in economic growth, presenting a potential gold mine for investors.
The U.S. government is gearing up for a politically charged fight over Solyndra's bankruptcy plan.
It's uncertain whether New York state attorney general Eric Schneiderman's investigation of the private equity industry's tax practices will result in big financial settlements.
The Obama administration has been ratcheting up its participation in the private equity market. The Obama administration has been ratcheting up its participation in the private equity market - even as Republican presidential candidate Mitt Romney comes under criticism for his private equity record at Bain Capital.
EIG Global Energy Partners LLC said on Tuesday it had sued asset manager TCW Group Inc over the latter's takeover by private equity firm Carlyle Group LP.
