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Why parents should teach their kids to give

Financial education often stresses the importance of earning and saving, but new research suggests that one of the most valuable lessons parents can teach their children about money might be how to appropriately give it away.

Former Qualcomm executive sent to prison for insider trading

A former Qualcomm Inc. executive was sentenced Friday to 18 months in prison and fined $500,000 for an insider trading scheme to profit off the wireless technology company's confidential information and then covering up his ...

Longhorn beetle inspires ink to fight counterfeiting

From water marks to colored threads, governments are constantly adding new features to paper money to stay one step ahead of counterfeiters. Now a longhorn beetle has inspired yet another way to foil cash fraud, as well as ...

Can Africa's mobile money revolution reduce poverty?

When farmer Isaac Tondo fell on lean times in Liberia's long rainy season, his brother in the capital sent 8,000 Liberian dollars (US$87) to his Lonestar mobile money account, ensuring his children's school fees would still ...

California bullet train costs soar to $77B; opening delayed

The projected cost of California's bullet train between San Francisco and Los Angeles has jumped to $77 billion and the completion date has been pushed back four years to 2033, according to a business plan released Friday.

EU bank watchdog warns over Bitcoin

The European Union's banking watchdog on Friday issued a warning over virtual currency trading amid huge swings in the value of Bitcoin, a lack of regulation and money laundering risks.

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