Financial News

The United States Congress has decided on Friday to repeal a plan that would require congressional staff, as well as employees in the executive branch, to make their financial disclosures available to the Internet.

Leading cyber security company, McAfee, has issued a breaking news report that indicates that the U.S., European and Latin American financial systems are under a massive cyber attack.

China seeks to replace the diminishing U.S. dollar as the world reserve and trade currency, and efforts are underway in Beijing to set up the Chinese yuan for global currency.

Toronto - When signs of spring start to pop up, who wouldn't want to celebrate the warm weather and longer days inside, under piles of papers and receipts? Kidding! Come April, tax season brings its frustrations and stress, but with some planning, it need not be.

Prosperity - Imagine living day in and out not knowing you were dead? That's what Arthur Livingston recently discovered. In Oct. the Prosperity, S.C. man tried to obtain a loan from a mortgage company. It was at that time he learned he had been declared "dead."

Washington - As US politicians spent a month haggling over raising the country’s debt ceiling and financial markets around the world remain in turmoil, a new report shows the Treasury and Federal Reserve are owed $1.5 trillion from the financial industry bailout.

LinkedIn, the business oriented networking site, is set to go public May 19 in what is expected to be the first among a batch of high-profile Internet firms to go public.

While Congress is grappling with broad budgetary issues, General Electric managed to avoid paying any federal taxes even though the company made $14 billion in global profits.

Appearing on MSNBC's 'Dylan Ratigan Show,' leftist political cartoonist Ted Rall calls for financial rebellion and outright violence against the American government.

Vienna - Produced by the Royal Canadian Mint, the biggest coin in the world is more than half a meter wide, weighs 100 kilogram and will be on auction in Vienna next week. How weird does one have to be in order to buy this, to want to own this?