How the LIBOR scandal could affect you
The LIBOR scandal -- the latest debacle to send ripples through the global financial system -- centers on the alleged rigging of a somewhat obscure banking survey.
How long will the inflation holiday last?
Something happened in the second quarter of 2012 that hadn't happened in two years: Savings accounts actually made money.More specifically, this was the first time since the second quarter of 2010 that inflation dropped below the rate of interest on savings accounts.
Lawmakers to Geithner: Investigate China's ZTE
Lawmakers called on the Treasury secretary to investigate the Chinese telecommunications equipment maker over allegations it sold a surveillance system and banned U.S. equipment to Iran.
Apple to Buy AuthenTec for $350 Million
Apple Inc. (AAPL) has agreed to buy fingerprint authentication sensor maker AuthenTec Inc. (AUTH) for about $350 million as the consumer-electronics giant puts a chunk of its massive cash holdings to work.
Pilgrim's Pride Swings to 2Q Profit
The poultry company said it saw industry challenges in the second half of the year due to the volatility in the feed ingredient market and tepid spending by consumers.