Research shows profit, not politics, drives sovereign wealth fund

Investment funds owned by national governments -- known as "sovereign wealth funds" - now wield trillions of dollars in investment power globally, raising concerns that the funds could be used for political purposes and leading ...

Probing Question: How do Ponzi Schemes work?

Imagine the shock, the horror, and the sheer panic that would come with learning that the financial plan you’d sunk your life savings into was a sham, the financial experts you trusted were crooks, and all your money was ...

Google invests $280 million to spur home solar

(AP) -- Google is investing $280 million to help private homeowners put solar panels on their rooftops. It's Google's latest - and largest - investment in clean energy.

Do government technology investments pay off?

Studies confirm that IT investments in companies improve productivity and efficiency. University of Michigan professor M.S. Krishnan wondered if the same was true for government.

Technology gives mixed meaning to labor day celebration

This Labor Day, with unemployment hovering above 9 percent, workers are confronting an enigma. Although there are one-third fewer factory workers than there were only 10 years ago, manufacturing in the United States is thriving.

Goldman Sachs seeks patent on virtual currency

Goldman Sachs is developing a virtual currency system that aims to revolutionize securities transactions, according to a US patent application filed by the Wall Street investment bank.

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