The Obama administration pushed back the announcement of a keenly awaited bank rescue plan until Tuesday as it pressed lawmakers to settle their differences over a huge economic stimulus package.
With 401k's crashing and 7.6% unemployment (the highest since 1992) no one doubts the need for government intervention, especially in the form of an economic stimulus package.
There are job search lessons to be had from the movie, "Jaws," so we can write about the movie and you can “catch” your dream job.
The Democratic-led Senate will try again to pass a $937 billion stimulus package aimed at boosting the battered economy as some of the worst unemployment data in decades boosted political pressure for a deal.
Headlines scream about high profile layoffs every day. Consumer confidence is down, inventories are up, salaries are down, hiring freezes are up. The indicators that fuel the headlines are grim, grimmer and grimmest. However, no matter how it feels, job seeking is NOT futile.
President Barack Obama warned that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.
Bank of America, reacting to the recent controversy over executive perks, plans to sell three of its corporate jets, sources inside the bank tell CNBC.
It's today's hot topic on the Street - time for you to weigh in.
President Obama launched a campaign to rein in corporate compensation with rules limiting executive pay. Below are the new rules and restrictions on executive compensation issued by the Treasury Department.
President Obama kicks off a campaign to rein in corporate compensation with rules limiting executive pay to $500,000 a year for companies getting taxpayer bailout funds in the future.
I generally dismiss the relevance of tired adages, but there’s a timely truth to the saying that it’s hard to teach an old dog new tricks. In days like these, however, a little reinvention is key to survival.
If Wall Street heads don't roll for causing this market crisis, the Mad Money host says, we could see a dozen more Bernie Madoffs.
No one wins a game by playing defense. However, good defense gives offense the chance to do its job. Defense, therefore, provides the foundation for success.
Monday was the last day of Iris Chau’s 11-year career at JPMorgan Chase and she says there’s a lot she’ll miss about the job, including her colleagues, her paycheck and her role managing a technical support team. But one thing she won’t miss about JPMorgan: telling people that she works there.
JPMorgan Chase Chairman and Chief Executive Jamie Dimon thinks outrage over bonuses being paid to executives of firms involved in the financial crisis and now receiving federal assistance is not entirely justified. In his keynote speech to the Future Of New York conference sponsored by Crain's New York, Dimon took issue with President Obama's characterization of bonuses and the way they have been paid out.
Does this ever happen to you at work - you’ve got critical info, but no one is listening?
There aren't a whole lot of places where an intelligent person can work hard, as in sixteen-hours-a-day for six or seven days a week hard, and make a boatload of money. Wall Street is one of those places, and we should keep it that way.
Last week in this space I blogged about compensation and a possible “class war” in the offing. Sadly, within days my prediction came true.
A lot of people who are not on Wall Street have a misunderstanding about the concept of “bonuses,” Tiger Management’s chairman Julian Robertson told CNBC.
The fury over the fact that Wall Street paid out $18.4 billion in bonuses in 2008, the "sixth largest" amount in history, is about words and nothing else.