College textbook prices up 186% since 1986; enter revolution

While there is hardly anyone that is oblivious to the rising costs of a college education these days, there might be some people still not aware that there is another under-reported cost hiding in the college education receipt. College tuition is still out pacing inflation at public and private colleges and a review of this [...]

Amid Record Losses, Wall Street Awarded Itself $39 Billion

The five largest Wall Street banks doled out a record $39 billion in bonuses last year, according to data collected by the Bloomberg news service. After driving hundreds of thousands of families into foreclosure, causing a financial crisis affecting hundreds of millions, and pushing the US and world economies closer to recession, it appears Wall [...]

Stock Markets Plunge Worldwide

By YURI KAGEYAMA
AP Business Writer
TOKYO (AP) — Most Asian markets rebounded strongly Wednesday, reversing their recent gut-wrenching plunge as investors welcomed a hefty, surprise interest rate cut by the U.S. Federal Reserve to shore up the sagging American economy.
But analysts said volatile swings were [...]

Fed Cuts Rates 3/4% in Futile Attempt to Stave off Recession

Jan. 22 (Bloomberg) — The Federal Reserve cut the benchmark interest rate by three quarters of a percentage point, its first emergency reduction since 2001, after stock markets tumbled from Hong Kong to London amid increasing signs of a U.S. recession.
The central bank cut the target overnight lending rate to 3.5 percent from 4.25 percent, [...]

Stock Markets Plunge Worldwide

TOKYO (AP) — Global stock markets extended their shakeout into a second day Tuesday, plunging amid worries that a possible U.S. recession will cause a worldwide economic slowdown. The dramatic declines were expected to spread to Wall Street, where stock index futures were already down sharply hours before the trading day began.
Japan’s Nikkei 225 index, [...]