The Big Easy is making a big comeback. New Orleans has steadily won back some of the population it lost in the wake of Hurricane Katrina in 2005, according to a government report released Wednesday.
In the debate over how to prevent the next financial crisis, the first fight has already erupted -- and it's over a proposal to create a new agency to protect consumers.
When New Frontier Bank failed in April, regulators failed to find a buyer, forcing the FDIC to absorb the roughly $2 billion in assets that were once owned by the Colorado-based lender.
Many owners of our country's bonds are worried that the federal government is spending like inebriated sailors on shore leave to try and get the nation out of this economic mess.
Home prices continued to tumble in April, falling 18.1% from a year earlier -- but the month-over-month change in a closely watched real estate gauge narrowed sharply, indicating that housing markets may be starting to turn.
Traditionally the mission of talent agencies has been to find jobs for actors, directors, and writers. In exchange, the agencies take 10% of their clients' fees -- the trade paper Variety even refers to these firms with the sobriquet "tenpercenteries." But agency upheavals like the recent merger of the venerable William Morris Agency with the upstart Endeavor suggest their world is changing. Among other things, success will depend on how the merged agency's leader, Ari Emanuel (brother of Obama chief of staff Rahm and the model for the HBO show Entourage's Ari Gold character), and his partners finesse the balance between old-style and new-style Hollywood dealmaking.