Category: Economy

Where America’s Richest Man Is Investing His Money

Where America’s Richest Man Is Investing His Money

Bill Gates is best known for hisMicrosoft billions and the great philanthropic works that have followed. But something interesting has happened recently, and perhaps notably with this year’s Forbes 400 number-crunching, which puts him on our list up...

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Mutual Fund Pioneer Jack Bogle: How to Fix Wall Street

Jack Bogle, the founder of mutual fund giant Vanguard, and the man who popularized index funds, is part of an older generation of financiers, including people like Warren Buffett, who believe in long-term, low-cost...

More Mortgage Trouble: Banks Face Another $3.4 Billion In Repurchase Claims

More Mortgage Trouble: Banks Face Another $3.4 Billion In Repurchase Claims

Freddie Mac is looking to collect another $3.4 billion from banks it says sold it shoddy mortgages. The methodology used to settle previous repurchase claims was flawed, and that thousands of loans soured were...

Ben Bernanke’s Heavy Artillery: Will Open-Ended Bond Buying Drive Down Unemployment?

Ben Bernanke’s Heavy Artillery: Will Open-Ended Bond Buying Drive Down Unemployment?

Ben Bernanke and made an open-ended commitment yesterday to purchase mortgage-backed securities at a rate of $40 billion per month, aiming to inflate asset prices and pump fresh credit into the economy. The move...

The Best Jobs In Health Care

The Best Jobs In Health Care

We keep hearing that health care is a field that will be producing a lot of jobs. According to the Bureau of Labor Statistics, the health care and social assistance industry will create some...