A Barclays report on wealthy individuals worldwide notes that 47 percent of rich Chinese intend to move abroad in the next five years
More than a third of Americans are obese, but new pharmaceutical treatments have been slow to take off. Will Contrave figure out how to sell weight-loss drugs in the U.S.?
New data from the CDC show the increase in overdose deaths among whites far outpaced those among other races
The Android One starts at about $105
Calpers thinks hedge funds are too expensive and basically more trouble than they're worth. Could this be the start of a trend?
A business card with a brain can be customized for different recipients
"It's so much more than just a soda for many of us," says Evan Carr, the 26-year-old founder of the Surge Movement
The Consumer Financial Protection Bureau is suing Corinthian, a for-profit college operator, alleging abusive debt collection and deception
A report finds high default rates on franchise loans
Rank: 12 (Previous Rank: 6)
Budget gap (as a % of the total budget): 11.40%
Total gap: $6.4 billion
Gap before budget was approved: $4.9 billion
Additional midyear gap: $1.7 billion
Governor David Paterson this week unveiled a proposal for $4 billion in taxes and fees, including a new tax on soft drinks and luxury items and $9 billion in cuts to education, Medicaid, and other programs. He is trying to close an expected deficit for the current fiscal year and the following fiscal year that has grown to $15 billion. The state previously made cuts to the health insurance program for low-income families, froze hiring, and enacted tax and fee increases to close a $630 million shortfall before this year's budget was approved.