The financial analyst who rose to fame for her bearish calls on banks ahead of the financial crisis, sees more bad news ahead, predicting that banks will close 5% of their branch offices over the next year and a half.
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The Microsoft co-founder and philanthropist recently criticized school pay structures, urging the 50 state superintendents of education to end teacher pay increases based on seniority and education level, and reward them based …
White House National Economic Council Deputy Director Diana Farrell and Treasury Department Assistant Secretary for Financial Institutions Michael Barr are planning to step down in the coming weeks — the latest in a series of …
Today is the deadline for individuals and businesses impacted by the Gulf Oil spill to apply for emergency claims from BP’s (BP) $20 billion fund.
Fund administrator Kenneth Feinberg, 65, has already paid out more than $1.9 billion in compensation. Pr…
Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s largest asset manager.
Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did…