BBC Business Headlines

Goldman Sachs fined £20m by FSA
Wall Street banking giant Goldman Sachs is fined £20m by the UK's financial watchdog, the BBC learns.

Rig firms hit back at BP report
Contractors who worked for BP on the ill-fated Deepwater Horizon oil rig criticise the company's report into the Gulf of Mexico oil spill.

Shoppers turning to card payments
The number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show.

Empty shops highlighting 'divide'
The number of shops closing in Britain is slowing but a north-south divide has emerged, a survey by retail analysts the Local Data Company suggests.

US economic growth 'decelerating'
US economic growth showed "widespread signs of deceleration" in August, says the Federal Reserve's Beige Book.


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NY Times Economix

Nearly 5 Jobless Workers Per Opening in July
That's a better ratio than what the economy showed earlier this year, but it still shows persistent softness in the United States labor market.

The Thoughtful Roar of the Housing Bears
Bloggers expand on the case for gloom in the real-estate market.

What We're Reading: Lying Pants
Links from around the Web.

New York State Still Has Highest Unionization Rate
A new report looks at the organized labor in the Empire State and around the country, and how its size and composition have changed over the years.


Paul Krugman
Japanese Demography
Where have all the workers gone?Read more...




Buy the Book


Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
by Robert T. Kiyosaki

Published by Business Plus

Read Excerpt
Listen to podcast interview:
In 1997, Robert's book Rich Dad Poor Dad stunned readers, stating, "Your house is not an asset." As howls of protest went up around the world, the book went on to become an international bestseller, one of the longest running bestsellers in New York Times history.

Rich Dad Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert's rich dad saw coming.

In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom in Robert's rich dad's words.

Today, we are all aware that a home can be a liability. Today, we all know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today, we all know our money can go down in value and even savers  can be losers.

This is why your financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is your financial IQ.

Many of our global economic problems started in 1971 . . . when President Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began.

Gold and silver: Money made by God. The U.S. dollar, yen, and Euro are examples of man-made money. When man-made money replaces real money, turbulence always follows. In turbulent times, your Financial IQ is more valuable than gold.

pub date: 2008-03-26 | paperback | 9780446509361