Big profits for Wall St. under Obama

Big profits for Wall St. under Obama

As banks say they’re overregulated and Obama argues that he’s on the side of the little guy, one fact frustrates both claims: Wall Street profits have roared back.

Stock indexes slide as Italy's main borrowing rate soars above 7 percent

Stock indexes slide as Italy's main borrowing rate soars above 7 percent

NEW YORK — The Dow Jones industrial average lost more than 240 points in early trading after Italy’s borrowing costs soared.

Occupy protesters start march from NYC to DC in time for decision on Bush tax cuts

NEW YORK — Flanked by police scooters, about two dozen Occupy Wall Street protesters started a two-week walk from New York to Washington on Wednesday.

Stocks slide over Italy

Stocks slide over Italy

U.S. stocks tumbled Wednesday over concerns that political turmoil in Italy could send Europe’s debt troubles into greater crisis.

Social entrepreneurship: The next generation of giving

Social entrepreneurship: The next generation of giving

It used to be that the holiday season was merely for giving. But, with the global economy in a long-term contraction, social entre­pre­neur­ship has replaced giving with investment.

Unemployment by County

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Using data from the Bureau of Labor Statistics, this map shows how each county is faring in the wake of the recession.

States in crisis

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A state-by-state look at budget shortfalls, pension liabilities, and proposed spending cuts around the country.

Business Videos

Economides Says Papademos Right Choice for Greece PM

Economides Says Papademos Right Choice for Greece PM

Nov. 9 (Bloomberg) -- Nicholas Economides, a professor at New York University, discusses the outlook for Greece's political leadership and the European sovereign debt crisis. Economides speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Ally's ResCap Said to Hire Centerview to Restructure

Ally's ResCap Said to Hire Centerview to Restructure

Nov. 9 (Bloomberg) -- Bloomberg News reporter Jonathan Keehner talks about Ally Financial Inc.'s money-losing mortgage unit Residential Capital LLC. ResCap hired Centerview Partners LLP to advise on restructuring and negotiations with creditors, say people familiar with the matter. Keehner speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
Bloomberg's Goyal Discusses Retailers, Holiday Sales

Bloomberg's Goyal Discusses Retailers, Holiday Sales

Nov. 9 (Bloomberg) -- Bloomberg Industries retail analyst Poonam Goyal talks about the impact of rising commodity costs on retailers and the outlook for U.S. holiday sales. She speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)
Milligan Favors High-Yield Bonds, Equities, Property

Milligan Favors High-Yield Bonds, Equities, Property

Nov. 9 (Bloomberg) -- Andrew Milligan, head of global strategy at Standard Life Investments Ltd., talks about the economy, euro-zone crisis and investing in high-yield bonds, equities and commercial property. He speaks with Andrea Catherwood on Bloomberg Television's "Last Word."
Lions Gate Bets on `Hunger Games' to Be Blockbuster Hit

Lions Gate Bets on `Hunger Games' to Be Blockbuster Hit

Nov. 9 (Bloomberg) -- Jon Feltheimer, chief executive officer of Lions Gate Entertainment Corp., and Michael Burns, vice chairman, talk with Bloomberg's Cali Carlin about the film studio's investment in the production of "The Hunger Games," and growth strategy. Lions Gate, best known for producing the Emmy Award-winning series "Mad Men," needs a hit and looks to the romance adventure series authored by Suzanne Collin to become a breakout franchise. The studio has lost money for four straight years, and in 2010 it fought off a hostile takeover bid by Carl Icahn, the billionaire hedge-fund-manager. The story is featured in Bloomberg Markets magazine's December issue. (Source: Bloomberg)
IEA's Birol Says Major Policy Changes Needed on Climate

IEA's Birol Says Major Policy Changes Needed on Climate

Nov. 9 (Bloomberg) -- Fatih Birol, chief economist at the International Energy Agency, discusses global energy demand, climate change and the outlook for production by the Organization of Petroleum Exporting Countries. He speaks in London with Bloomberg's Lananh Nguyen.
Students Protest in London's City Against Fees, Cuts

Students Protest in London's City Against Fees, Cuts

Nov. 9 (Bloomberg) -- U.K. students are demonstrating in London's financial district today against education budget cuts and increased tuition fees, with police on standby to prevent a repetition of violence that marred similar protests last year. Andrea Catherwood reports on Bloomberg Television's "Last Word."
Jellinek Says No Mechanism Exists to Bail Out Italy

Jellinek Says No Mechanism Exists to Bail Out Italy

Nov. 9 (Bloomberg) -- Luca Jellinek, head of European interest-rate strategy at Credit Agricole Corporate and Investment Bank, discusses the Italian debt crisis. He speaks with Andrea Catherwood on Bloomberg Television's "Last Word."
Whitehurst Says Red Hat Looking to Make Acquisitions

Whitehurst Says Red Hat Looking to Make Acquisitions

Nov. 9 (Bloomberg) -- Jim Whitehurst, chief executive officer of Red Hat Inc., a provider of open source software and services, talks about the company's Israeli startups program and plans for acquisitions. He speaks near Tel Aviv with Bloomberg's Gwen Ackerman.
Williams Says `Call of Duty' Is `Robust' Franchise

Williams Says `Call of Duty' Is `Robust' Franchise

Nov. 9 (Bloomberg) -- Edward Williams, a senior analyst at BMO Capital Markets Corp., discusses the performance of Activision Blizzard Inc. and Take-Two Interactive Software Inc. Activision posted third-quarter profit that beat analysts' estimates and raised its full-year forecast, while Take-Two projected third-quarter sales and profit that fell short of analysts' estimates. Williams speaks with Betty Liu and Dominic Chu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Big deals, longer hours lure holiday shoppers

Big deals, longer hours lure holiday shoppers

The nearly 500 billion dollar holiday shopping season has arrived, bringing with it big deals, free shipping, longer hours, and the return of the layaway program. (Nov. 9)
Zwick Discusses Scrubber Process at Ohio Power Plant

Zwick Discusses Scrubber Process at Ohio Power Plant

Nov. 9 (Bloomberg) -- Mike Zwick, plant manager at American Electric Power Co.'s facility in Conesville, Ohio, discusses the Conesville Coal Prep Plant's scrubber process that was added to the plant in 2009. President Barack Obama administration's proposed regulation of emissions from coal-fired power plants is pitting traditional Democratic groups against each other in Ohio and other coal states in America's industrial midsection. (Source: Bloomberg)
Wardell Says Chinese Demand Will Determine Oil Price

Wardell Says Chinese Demand Will Determine Oil Price

Nov. 9 (Bloomberg) -- Simon Wardell, director at IHS CERA, talks about oil demand from China, Europe and the U.S. He speaks from London with Maryam Nemazee on Bloomberg Television's "The Pulse."
Carlsberg's Rasmussen Says Russia Beer Market Declining

Carlsberg's Rasmussen Says Russia Beer Market Declining

Nov. 9 (Bloomberg) -- Joergen Buhl Rasmussen, chief executive officer of Carlsberg A/S, discusses the company's third-quarter profit reported today, full-year forecast and the Russian beer market. Rasmussen speaks from Copenhagen with Maryam Nemazee on Bloomberg Television's "The Pulse."
Zocco Says Venture Fund Is Focused on Internet, Biotech

Zocco Says Venture Fund Is Focused on Internet, Biotech

Nov. 9 (Bloomberg) -- Giuseppe Zocco, a partner at venture capital firm Index Ventures, talks about investing in the internet and biotechnology industries. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."
Pavoncello Says Monti Would Ensure Italian `Continuity'

Pavoncello Says Monti Would Ensure Italian `Continuity'

Nov. 9 (Bloomberg) -- Franco Pavoncello, a politics professor and president of Rome's John Cabot University, discusses the credentials of former European Union Competition Commissioner Mario Monti, touted as a possible replacement for Prime Minister Silvio Berlusconi. He speaks from Rome with Maryam Nemazee on Bloomberg Television's "The Pulse."

Editor's Choice

Foreclosure system in chaos

Some major lenders have discovered many mortgage documents were faked, forged or otherwise mishandled.

Obama's budget proposal

A look at how President Obama’s federal spending compares to his predecessors’ and how priorities have shifted over time.

The hard road back

These stories depict the crisis for manufacturing and construction workers and explain the pressures that have stalled creation of jobs for them.