Sign of things to come: Jobless Claims Dip to 5-Year Low

    After rising as high as 670,000 during the financial crisis, weekly jobless claims are currently at around half of that level. First-time claims for unemployment insurance dropped to their lowest mark in five years last week, providing positive signs that fewer layoffs are taking place in the strengthening economy ...

A Lifelong of Pain and Suffering: Many Boston Victims Face Lifetime of Medical Bills

    More than $30 million has been graciously donated to victims of the Boston Marathon Bombing, yet it may not be nearly enough to cover the lifelong medical bills for many of those impacted by the tragedy.    The state of Massachusetts, where many of the 260 or so victims reside, mandates residents ...

41 Percent of College Graduates Overqualified for what they do

    More than 4 out of 10 recent college graduates say they find themselves stuck in menial jobs that do not require a college degree. A national survey released to the public on Tuesday found that 41 percent of college graduates from the last two years are stuck in jobs that do not require a college degree.  ...

Time to Pay the Piper: Level Global Agrees to Pay Nearly $22 Million to Settle Insider Trading Charges

  The United States Securities and Exchange Commission announced that Greenwich.-based hedge fund advisory firm Level Global Investors will pay in excess of $21.5 million to settle charges that one of its founders, who also served as the funds’ portfolio manager and its lead analyst engaged in numerous insider trading in ...

Emergency Situation: Millions of Americans can’t afford to go to the Doctor

    An increasing number of Americans are skipping medical care simply because they cannot afford it. Roughly 80 million people, or close to 45 percent of America’s working-age adults, did not go to the doctor in 2012 because of the cost, according to various studies conducted by the Commonwealth Fund’s Biennial ...

Capital One Facing the Heat: Banking Giant Charged by SEC

  The United States Securities and Exchange Commission charged Capital One Financial and two prominent executives for understating millions of dollars in auto loan losses that were incurred during the months leading up to the financial crisis.  An investigation conducted by the United States Securities and Exchange Commission ...

PETA Playing Hardball: Environmental Advocacy Group Purchases a Stake in SeaWorld

  PETA purchased stock in SeaWorld, which went public last week, to pressure the company into freeing what the environmental protection group deems as “enslaved” killer whales.    The message from PETA is simple: Free the killer whales. David Perle, a leader and spokesman for the People for Ethical ...

SEC Seeking to Halt Scheme that Raises Investor Funds under the Guise of the JOBS Act

  The United States Securities and Exchange Commission announced fraud charges against a Washington State-based company and its owner for defrauding investors with claims to raise billions of investment capital under the JOBS Act and invest it exclusively with domestic companies. The SEC alleged that Daniel Peterson and his ...

SEC Names Anne Small as General Counsel

The Securities and Exchange Commission announced that Anne Small has been named General Counsel of the federal agency.    Ms. Anne Small comes to Securities and Exchange Commission from the White House Counsel’s Office where she served as a special assistance to the President and Associate Counsel to the President ...

Stocks Bounce Back

    After briefly plummeting thanks to a fake tweet sent by the Associated Press saying there were explosions at the White House, stocks bounced back to end the day on a positive note.    The Associated Press said its Twitter Account was hacked, and stocks quickly rebounded. Meanwhile, positive readings ...

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