Money Matters - Simplified

financial crisis

PayPal plans job cut

PayPal, the global digital payment providers, are planning to shed roughly 3 percent of its workforce amid a major organizational restructuring, the company officials said.

Euro Debt Crisis: What Led to It?

The U.S.

US home prices rise in May

According to new report released Tuesday, the housing sector, which has been crippled by the financial crisis, may be recovering, as U.S.'s existing home prices have recorded a slight gain between April and May.

Greece will tide over financial crisis -- Papandreou

George Papandreou, Greece’s prime minister has vouched that his government is leaving no stone unturned to find a long-term solution to make the country’s debt manageable.

Greece Government wins confidence vote

The Greece's government survived a confidence vote late Tuesday, a crucial first step towards thwarting the euro zone's first sovereign debt default.

IMF hacked, loss of vital data feared

The New York Times reported yesterday that the computer system of the International Monetary Fund (IMF) has become the victim of a hacking attack.

Spanish banks seek investors to fill $21bn capital shortfall

In a move to restructure the troubled banking sector, Spain is seeking investors to meet the $21 billion capital shortfall.

Coping with Jobless Spouse: Acknowledging Your Personal Feelings

Here are some tips to deal with pessimistic feelings brought about by the instability in your spouse’s professional life.

Surprise rescuer may stop 'Octomom' Nadya Suleman's eviction from house

"Octomom" Nadya Suleman may be saved from eviction from her home. Porn company Vivid Entertainment has come forward to help the cash-strapped mother of 14.

Keep Your Profits Without Missing the Next Rally

After the market meltdown in 2008 and early 2009, the big bounce that investors have seen in stocks has given beaten-down investors some relief after seeing their portfolios suffer big losses. But after a year during which stocks have moved up and down sharply without making much overall progress, many are concerned that the next big move for the market may be down, and they don't want to lose all the money they've earned back.