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How the Vatican's finances work

Tue, 03/19/2013 - 06:32

As Pope Francis assumes leadership of the world's 1.2 billion Catholics, he's got his work cut out for him on many fronts, not the least of which is the Vatican's finances. What is the Vatican Bank, and how is it related to the Catholic Church, and to the finances of Vatican City.


What Pope Francis can teach CEOs about leadership

Tue, 03/19/2013 - 06:31

Pope Francis has held Catholicism’s highest position for less than a week, and yet he has already grabbed the attention of Catholics and non-Catholics alike with his humble, down-to-earth style of leadership.


Think you have a credit score? You may have 50 or more

Tue, 03/19/2013 - 02:14
You probably know you have a credit score, but there are most likely dozens of scores that might control your ability to get a mortgage, buy a car or obtain insurance.

Citigroup to pay $730 million to settle with investors

Mon, 03/18/2013 - 17:57
Citigroup has agreed to pay $730 million to settle a class action lawsuit on behalf of investors who said they were misled by the company's disclosures.

Apple co-founder Wozniak's former home for sale

Mon, 03/18/2013 - 17:08

Apple co-found Steve Wozniak designed a sleek modern home in Los Gatos, Calif. in 1986. It is now back on the market. 


Washington Post to start charging for online access

Mon, 03/18/2013 - 15:11
The Washington Post plans to start charging for some digital content starting this summer, becoming one of the last major U.S. newspapers to reach into readers' wallets for new online revenue.

FCC goes after robocalls sent to cellphones

Mon, 03/18/2013 - 12:58
The Federal Communications Commission (FCC) has cited two marketing companies with making millions of illegal robocalls – for both Democratic and Republican campaigns – to cell phones.

Cyprus banks closed after ATMs emptied in panic

Mon, 03/18/2013 - 12:19

Banks in Cyprus will remain closed until Thursday to prevent panic withdrawals in the wake of a surprise bailout plan that has sent money markets into a tailspin.


Yo! Rocky's Philly row house for sale

Mon, 03/18/2013 - 12:17

From the outside, Rocky Balboa’s row house looks exactly as it did on the big screen in 1979. Now it's for sale for $139,000.


Holy horse hair! $175,000 for 'royal' mattress

Mon, 03/18/2013 - 12:06
Savoir Beds, a UK company, is launching this week a limited edition of its "Royal Bed" -- described as an investment in a "great night's sleep."

Cyprus bailout backlash poses little risk - for now

Mon, 03/18/2013 - 11:51

The explosive backlash to the latest European bailout – this one for tiny Cyprus – will have limited impact on U.S. consumers, businesses and investors.


Amazon sellers unhappy about fee hikes, eye rivals

Mon, 03/18/2013 - 11:35
A brewing conflict between Amazon.com Inc. and its merchants over fee hikes could benefit rival eBay Inc., and provide an opening for Walmart and Google.

10 most and least pricey states for car insurance

Mon, 03/18/2013 - 10:34

The price two different motorists will pay for auto insurance is likely to vary, sometimes wildly. Factors include the vehicle you drive, your driving record — and where you live.


Burger King to offer turkey burgers for first time

Mon, 03/18/2013 - 10:27
If you think a Whopper's too indulgent but are sick of chicken sandwiches, Burger King is offering a turkey burger for the first time.

Chrysler recalls Dodge Challengers for fire risk

Mon, 03/18/2013 - 08:27

Chrysler has issued an unusually dire warning to some owners of its Dodge Challenger muscle car warning them to park the vehicles until it can make repairs due to a risk of fire. According to Chrysler, the wiring harness is the source of the problem due a batch of potentially mis-wired electrical components.


Home builder confidence declines for 3rd month

Mon, 03/18/2013 - 08:16
For the third straight month, sentiment among U.S. home builders declined in March, dropping two points on a monthly industry index.

Stocks close down on Cyprus bailout news

Mon, 03/18/2013 - 08:12
Stocks closed in the red Monday, with the S&P 500 moving further away from its all-time high, amid worries over the bailout news in Cyprus.

Wall Street slumps on Cyprus bailout news

Mon, 03/18/2013 - 08:12
Stocks were under pressure across the board, with the S&P 500 pulling further away from its all-time high, as global markets reeled from a euro zone decision to force bank depositors in Cyprus to contribute towards a bailout.

How tax return could affect '14 health costs

Mon, 03/18/2013 - 07:04
For many Americans, the health reform law passed in 2010 will forevermore tie their health to their taxes. And even though the big changes required by the Patient Protection and Affordable Care Act don't start until 2014, the tax impact starts now.

Why March Madness might be good for productivity

Mon, 03/18/2013 - 07:03

Here comes March Madness, when productivity will grind to a halt as employees tune in to the dozens of games played during working hours—at least that's the widely held belief. But is it true?