Money Talking

Next week, the Supreme Court will decide the fate of President Barack Obama’s signature piece of legislation, the Affordable Care Act, which attempts to reorganize one fifth of the U.S. economy.

Remember the headlines just a few months ago? People predicted gas would reach $5 a gallon  This week, the price is $3.57, according to the Energy Information Administration.

For more than two years, the European economy has see-sawed between potential collapse and stability.

With unemployment rising again and U.S. growth slowing, the economy will continue to dominate the presidential race. Mitt Romney argues his business experience has prepared him to turn these indicators around. But how does skill at running a company translate into skill at running a country?

Facebook’s much-anticipated debut as a public company has turned out to be a small disaster. The company and its lead investment bank, Morgan Stanley, are under fire from regulators and Congress; and the head of NASDAQ is apologizing for its role in how the stock offering was conducted.

JPMorgan Chase’s CEO Jamie Dimon called concerns about a massive trading bet a “tempest in a teapot” last month.

What does President Obama want from Europe?  It’s the question that hangs over the head of the White House as leaders of the G-8 come to the U.S. for meetings next week. 

A British parliamentary committee calls News Corporation's Rupert Murdoch "not a fit person to exercise the stewardship of a major international company.” Shareholders upset with Chesapeake Energy’s CEO Aubrey McClendon force him to give up his role as chairman of the board. And pay packages for bank executive are being challenged. It just might be the dawn of a new era of corporate accountability.

May 1 is the deadline for millions of high school seniors to choose where they will go to college in the fall.  To pay for it, many will take out thousands of dollars in student loans, only adding to the country’s more than $1 trillion in existing student debt. All this debt is having enormous consequences on economic growth.  Could student loans be the next financial bubble?