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South Korean Banks, Media Hacked

ThinkstockWorries have heightened again about unfriendly governments. The U.S. government has accused China of hacking American companies, and potentially parts of the federal government, as a mean to gather data or disrupt Internet operations. Now…

Douglas A. McIntyre · 13 years ago

Cyprus Still Being Pressed to Avoid Default

ThinkstockThe debate over what will happen to Cyprus quickened as a rescue by the European Union, European Central Bank and International Monetary Fund appeared to fall apart after the small country’s parliament rejected plans…

Douglas A. McIntyre · 13 years ago

What’s Important in the Financial World (3/20/2103)

ThinkstockJ.P. Morgan Management Downgrade J.P. Morgan Chase & Co. (NYSE: JPM) suffered another blow to its reputation, as a government agency downgraded its rating of the financial firm’s management. What that means for the…

Douglas A. McIntyre · 13 years ago

Media Digest (3/20/2013) Reuters, WSJ, Financial Times

ThinkstockThe Office of the Comptroller of the Currency lowers its rating of J.P. Morgan Chase & Co. (NYSE: JPM) management. (Reuters) Fannie Mae and Freddie Mac expect to pay back taxpayer money sooner than…

Douglas A. McIntyre · 13 years ago

Ten States With the Biggest Lotto Jackpots

ThinkstockThe odds of winning millions in the lottery are extraordinarily low. When the Powerball jackpot reached $587 million in late 2012, a player had a one in 175 million chance of winning the whole…

247sam · 13 years ago

Is Amazon at Risk of an Apple-Like Drop?

The recent drop seen in Apple Inc. (NASDAQ: AAPL) may not have been a shock to many astute investors and it may not be a shock to anyone who has read much market history.…

Jon C. Ogg · 13 years ago

Cyprus Votes Against Silly Deposit Tax (or Theft)

The Cypriot parliament has just voted against stealing assets from depositors to fund the nation's bailout of its banking system. This is good news as it sends a message to the European Union that…

Jon C. Ogg · 13 years ago

The American Retirement Asset Crisis Is Upon Us

A fresh report from the Employee Benefit Research Institute is signaling that most Americans are going to be retiring with nowhere close to having enough assets and savings for retirement. The long and short…

Jon C. Ogg · 13 years ago

SEC Levels Fraud Charges Related to Facebook IPO

Brian Solis, via Wikimedia CommonsA 1994 Oregon Republican gubernatorial candidate, Craig Berkman, was charged with fraud today by the U.S. Securities and Exchange Commission (SEC) for a “Ponzi-like scheme” around last year’s initial public…

Paul Ausick · 13 years ago