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As the world economy falls deeper into recession many people from all walks of life have had a punishing year financially. From the average investor and home owner to the richest of the rich we spotlight 20 people that are...

This year’s bear market has a potential silver lining for IRA owners: If you decide to convert your traditional IRA to a Roth IRA, your market-battered balance will result in a smaller tax bill now and provide tax-free...

When it comes to storing important financial documents, a tattered shoebox just won’t cut it anymore. These days, Americans are expected to save supporting documentation. Tax receipts, W-2s and credit card statements...

Here are the 17 of the most popular (as determined by Google Analytics pageviews) of our “news you can use” variety for 2008. If you don’t learn at least one thing from one of these posts that saves you money,...

THESE days, as we contemplate the future of the automotive industry, we would do well to remember the words of Henry Ford: “Failure is the opportunity to begin again more intelligently.” For Detroit, there is plenty...

Since the early 1990s, there have been many cases of currency investors who have been caught off guard, which lead to runs on currencies and capital flight. What makes currency investors and international financiers respond and...

U.S. officials today bagged one of the biggest fish in the online gambling industry. On Tuesday December 16, in U.S. District Court in lower Manhattan, Anurag Dikshit, the reclusive billionaire co-founder of the Gibraltar-based...

I wrote a short piece for The Wall Street Journal Sunday about how, in the shadow of Bernard Madoff, to catch a shady adviser. In the article, I urged people to look up investors’ records with the Financial Industry...

The bloodletting in the c-suite started in 2007. It still hasn’t stopped. Another year goes by and more chief executives get the ax — probably more than in any previous year. People shook their heads when Charles...