An arcane idea that started from the summer of 2011–a trillion dollar platinum coin to avert the debt ceiling–is now seriously taking off. More
Posts by Business Insider
Fiscal Cliff Negotiations Continue On Last Day of 2012
The Democrats made several key concessions yesterday in the Fiscal Cliff negotiations and as a result, the two sides are closer together. More
A Much Better Way to Decide Your Bonus
At Shopify, an e-commerce software startup, they’ve reinvented the process and turned bonus compensation on its head. More
NYSE Sold for $8.2 Billion
IntercontinentalExchange will buy NYSE-Euronext for $8.2 billion. Here are the terms. More
Boehner Agrees to Higher Taxes On Millionaires and Debt Ceiling Hike
With the clock ticking down, Boehner is putting things on the table that represent concessions. The next move is up to the White House. More
Citigroup to Cut 11,000 Jobs
Citigroup plans to cut 11,000 jobs. Why, and could this affect you? More
Black Friday 2012 Had Record Number of Shoppers
A stunning 247 million people shopped online and in stores from Thursday through Saturday, compared with 226 million last year. More
Warren Buffet Proposes 30% Income Tax for Millionaires
Buffett calls on Congress to establish a minimum 30% tax on incomes between $1 million and $10 million, and 35% on incomes above that. More
Walmart Faces Black Friday Strike
Walmart is facing a labor strike on Friday—the kick-off day for the holiday season. More
Bank of America Sued for Mortgage Fraud
The U.S. attorney in Manhattan is suing Bank of America for over $1 billion mortgage fraud against Fannie Mae and Freddie Mac. More
