Think twice about investing in own company

Employees whose retirement plan is invested in stock of the company where they work do not pull out money as the firms approach financial distress, a recently released, but yet to be published paper, co-authored by a University ...

Kickstarter levels the financial playing field for women

Numerous studies have shown that women engage less than men in either entrepreneurship or business investing. Women also launch firms with significantly less capital than men, which limits their ability to grow their firms ...

Why does the American middle class continue to struggle financially?

Since the mid-1980s, unrestrained household spending has damaged American family finances—despite the fact that globalization and technological change have caused consumer prices to fall widely, says Queens College sociologist ...

Online scams cost $485 mn in US in 2011: survey

Online scams including identity theft schemes, "advance fee" and "romance fraud" cost Americans some $485 million in 2011, a report prepared for the FBI said Thursday.

Does bankruptcy counseling help debtors establish a fresh start?

With a struggling U.S. economy and a large number of employers downsizing their operations, many Americans are finding themselves in severe financial distress. In some cases, individuals decide their only solution is to file ...

Financial restructuring in fresh-start chapter 11 reorganizations

The effectiveness of the existing bankruptcy code has long been a source of vigorous debate. More and more lately, high-profile firms like General Motors, Enron, and K-Mart are seeking protection from creditors through Chapter ...

Study: Some stock repurchase plans just empty promises

A new study backs longtime speculation on Wall Street that companies sometimes ballyhoo stock repurchase programs they never plan to pursue, hoping to stir a buzz that will mislead investors and pump up sagging share prices.

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