General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
For generations of students at top business schools like Wharton, there was a path of a job at Wall Street’s top firms. The path is still there but an investigative author finds fewer students are taking it.
The University of Pennsylvania has received a $15 million gift to examine the U.S. criminal justice system from someone who has had some experience with it: ex-Wall Street banker Frank Quattrone.
The folks who write the checks that help keep Atlantic City’s casinos afloat say Internet gambling can help revive the market’s flagging fortunes.
Although Occupy Philadelphia is not as visible as it was last year, some say the impact of the movement will live for some time.
There was a moment in the debate that will be discussed in the days ahead that everyone missed until yesterday. A review of the debate tape reveals that, apparently, Mitt Romney needed a cheat sheet to keep the lies straight.
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
Romney is dragging his own campaign and every Republican down. Republican operatives and House and Senate candidates have conceded as much throughout the month of September.
Occupy Wall Street made the world aware of Wall Street’s nearly-obscene inequities. But, unfortunately, that has been about it. How much has really changed because of the 12-month-old movement?
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Many of us have a good bit of our money tied up through Wall Street and current events may give us reason to wonder what’s going on with those guys, and a former private trust manager is now spilling the beans.
As always in a changing economy, there is the question – what do you do with your money?
Stock prices have been volatile enough without worrying whether someone is making markets wobble or decline on purpose. But, that’s just what a veteran stock portfolio developer says is happening.
It was born in a Harvard dorm, spreading like wildfire through colleges across the country. Now, after its I.P.O., Facebook is worth $104 billion.
City Council is planning hearings into whether Wall Street took Philadelphia and its school district to the cleaners by pushing complicated bond deals called “interest rate swaps.”