Rental Affordability Worsens After Recession: The nation’s renters are devoting much more of their income to housing in the wake of the recent recession, and a growing share of middle-income Americans are struggling to pay their rent, according to a new study.
Apple's market capitalization has surpassed Microsoft's for a couple of years. Microsoft Corp. (MSFT)’s Windows sales slumped last quarter as the iPad crimped demand for consumer laptops, marking the first time in 20 years that the software maker...
As their tax rates plummeted, the total income of the richest 400 Americans skyrocketed. In 1995, the combined income of the richest 400 was just over $6 billion. By 2007, the combined income of the richest 400 was almost $23 billion.
On Saturday, as many as 40,000 Buffett groupies -- many of whom became rich through the firm -- packed into a cavernous stadium in the rural state of Nebraska, listening with rapt attention to the pronouncements of the "Oracle of Omaha."
U.S. stocks have tumbled 7.7% from their 52-week high two months ago, as investors moved out of riskier assets on signs the economy is slowing. The S&P 500 Index, the benchmark for most Americans' equity investments, is now little changed in 2011 after two years of gains....