Bucks: Report Your Bribes Via a Smartphone App
Jessica Rinaldi/Reuters Can a smartphone app help fight corruption? That’s the idea behind Bribespot, a nascent Web site and smartphone app designed to let people shed light on, well, bribes. (A...
View ArticleWealth Matters: Assessing the Value of Owning Dividend-Paying Stocks
So when I heard recently that some advisers were using dividend-paying stocks to coax people who still hold their money in cash or low-yielding bonds back into the equity markets, my ears perked up....
View ArticleVote of Confidence Is Only the First Step for Greece
But in many ways, that will be the easy part. The payment of 12 billion euros will help Greece pay its debts coming due only until September. After that, Greece still faces obstacles to winning tens of...
View ArticleDealBook: A Walk Down Money Lane
Manhattan’s financial district offers a wealth of history for the real estate-inclined tourist. Richard M. Warshauer, a senior managing director at Colliers International, has been leading the annual...
View ArticleOlympus Chairman Resigns Over Scandal
TOKYO (Reuters) – Japan’s scandal-hit Olympus Corp said its chairman and president Tsuyoshi Kikukawa has stepped down due to a series of media reports on the company’s problems and a plunge in its...
View ArticleYour Money: An Invitation to High School Seniors to Write About Cash
At Pitzer College, a student used the example of the Ponzi schemer Bernard Madoff to take a philosophical look at how much money people truly need to be happy. As the economy has suffered in recent...
View ArticleI.M.F. Director Says Global Recovery Is Not Yet Secure
Christine Lagarde, the I.M.F.’s managing director, said the euro zone debt crisis and the budget dispute in the United States could have brought growth to a halt, an outcome only avoided by decisions...
View ArticleWealth Matters: Reasons to Avoid Buying Stocks, and Why You Should Ignore Them
The list, adding up to 78 for each of the years from 1934 to 2012, was compiled by Bel Air Investment Advisors. But the punch line to this list was that stocks went up by an annual compounded rate of...
View ArticleIn Embattled Detroit, No Talk of Sharing Pain
Now another large city, Detroit, appears to be on the brink of filing for bankruptcy, but there is little talk of sharing the pain. Instead, the fiscal crisis in Michigan is setting up as a gigantic...
View ArticleWealth Matters: That Bland Annuity Notice May Be Anything but Routine
That’s because several insurance companies that sold variable annuities with generous income or death benefits before the financial crisis are having sellers’ remorse. Meeting those obligations — often...
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