Citigroup said Thursday it would pay $73 million to settle charges by the Securities and Exchange Commission that the bank, as well as two of its executives, misled investors about the company’s exposure to the subprime mortgage market.
Citi to pay $73 million for misleading investors
Fed official warns of deflation fears
Budget Crunch Hits Atlantic City Hard
State and local governments have cut 242,000 jobs since the summer of 2008, and that number is expected to grow as many states face massive deficits. Atlantic City is trying to shore up its finances by firing cops and city workers. Nationwide, these layoffs are causing a drag on the economy.
Stocks: Flat Day, Strong July (Market Update)
U.S. stocks traded in a tight range, as a handful of strong earnings reports clashed…
Evidence Ties Manning to Afghan Leaks
Investigators have found concrete evidence linking Pfc. Bradley Manning with the leak of classified Afghanistan war reports, a defense official said.
Big-Box Stores: Big Winners In Swipe-Fee Reform
Wal-Mart and Target may profit more than anyone else.
Kindle vs. iPad: You’re Both Winners
While iPad and Kindle owners are quick to point out which device is superior, ultimately both are winners in their own right.
Google: The search party is over
The company is still growing. But its core business is slowing, its stock is down, and competition is fierce. Can Google find its footing in this brave new world?
WikiLeaks ‘Bastards’
The website has endangered the lives of Afghan informants.
New Wall Street rules pit SEC vs. the media
One of Wall Street reform’s littlest known provisions is getting big attention for giving a government agency a possible loophole for avoiding journalists’ requests for information.
