MEXICO CITY, July 21- Mexico's Senate completed on Monday approval of the bulk of legislation setting out rules and regulations for President Enrique Pena Nieto's opening of the oil and gas market, the cornerstone of his economic agenda.» Read More
Hewlett-Packard had hoped that Mark Hurd’s resignation would close this chapter, but a stream of leaks followed. The New York Times reports.
Homeowners who are deeply in debt but are current on their mortgage payments should be allowed to refinance without documentation, an investment adviser suggested on CNBC Monday.
If you thought Sarbanes-Oxley shook up the corporate world, wait until you get a load of Dodd-Frank. When Corporate America comes back from summer vacation, it will find that the extensive disclosure and transparency requirements it has been grappling with for the last eight years just got a tough big brother.
When you look at an adorable baby, yours or someone else's, do you see a $285,050 price tag? Probably not, but that’s the average cost of raising a child, born last year to the age of 17, according to the Department of Agriculture.
Death may still be certain, but taxes have never been less so. The NYT looks at our uncertain future.
The US Department of Justice is scrutinizing payments by leading pharmaceuticals companies in markets around the world. The FT reports.
Dell has been accused of withholding evidence, including e-mails among its top executives, in a lawsuit over faulty computers it sold to businesses, according to a filing made Thursday. The NYT reports.
So how many Social Security numbers do you have? That may seem like a ridiculous question, but a recent study found more than 20 million Americans have multiple Social Security numbers associated with their name in commercial records.
While stocks fell off again Wednesday, following the Fed's gloomy view of the recovery on Tuesday, two market watchers on CNBC focused instead on how to 'juice' the economy.
People in the securities and investment industry have dramatically reversed their campaign contribution trends, shifting from overwhelming support of Democrats in 2009, to an equally overwhelming support of Republicans in 2010.
Tuesday’s action by the Federal Reserve was positive, in spite of immediate market downturn on Tuesday, Jason Trennert, chief investment strategist of Strategas, told CNBC Wednesday.
The House has passed a $26 billion jobs bill to protect 300,000 teachers and other nonfederal government workers from election-year layoffs.
Negativity sells, so brace yourselves for a torrent of pre-election rhetoric designed to convince voters that things are sure to get even worse. The demagoguery is bi-partisan.
One of the most common objections to letting the cuts expire for those in the highest tax brackets is that it would hurt small businesses. As Sen. Orrin Hatch (R-Utah) recently put it, allowing the cuts to lapse would amount to "a job-killing tax hike on small business during tough economic times."
The Treasury’s study on Fannie, Freddie and housing finance must be delivered to Congress by the end of January 2011. In a speech last week, Timothy F. Geithner, the Treasury secretary, told a New York audience that resolving the companies isn’t “rocket science.” But attaining genuine remedies for our housing finance system could actually be harder than rocket science.
There’s a class war coming to the world of government pensions. The haves are retirees who were once state or municipal workers. Their seemingly guaranteed and ever-escalating monthly pension benefits are breaking budgets nationwide.
The company says that only seven people know how the muffins get their trademark tracery of air pockets — marketed as nooks and crannies — and it has gone to court to keep a tight lid on the secret. That leaves one of the seven, Chris Botticella, out of a job — and at the center of a corporate spectacle.
Will higher tax penalties on investment really spur jobs and faster economic growth? Most commentators would say no. It’s really a matter of economic common sense. But Tim Geithner says, Yes!
This is a jobless recovery. That's the consensus among the executives and entrepreneurs here, who say improving employment is their #1 priority.
With Congress set to debate extending the Bush tax cuts, there are risks to small business from raising taxes on the “wealthy”. US Treasury Secretary Tim Geithner gave a speech yesterday in Washington on the Obama administrations economic case for raising taxes on high earners.