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Can You Fight Poverty With A Five-Star Hotel?

By Cheryl Strauss Einhorn, Special to ProPublica This story was co-published with Foreign Policy. Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15

UBS Will Pay $1.5B Fraud Fine

Swiss bank UBS said Wednesday it will pay a $1.5 billion fraud fine for orchestrating the manipulation of benchmark interest rates in the U.S., Europe, and Asia. Last week, British bank HSBC agreed to pay $1.92 billion -- the largest bank

Paul Volcker Responds To Volcker Rule Critic Jamie Dimon

JPMorgan Chase CEO Jamie Dimon has been one of the most outspoken critics of the Volcker Rule, a section of the Dodd-Frank Act that aims to keep the banks in which you deposit your money from gambling it on their own sometimes-risky investments...

Austerity's Failure: Ireland Finally Asks For Help

When Ireland made the decision to protect all of its banks from losses and cover those losses by imposing austerity measures in 2008, Paul Krugman made hash of the conservatives' argument for adopting that policy. As it turns out, he was right.

Massive Flooding In The Midwest

Reuters: Overflowing rivers in Iowa and other Midwest states forced evacuations and disrupted the region's economy on Friday with fears of worse to