Facebook IPO triggers retail investor craze
SAN FRANCISCO - Despite warnings from many wealth managers about the risks of jumping into the Facebook IPO Friday, many individual investors are being drawn in by the company's brand name and the fact that one in seven people around the globe are on the social network. Full Article | Video
Fed officials keep door open on easing, eye risks
- Several Federal Reserve policymakers last month thought the U.S. central bank might need to do more to support the economy if the recovery stumbles, but there was almost no support for extending its "Operation Twist" program, due to end in June.
Boehner, Obama clash over debt limit increase
WASHINGTON - Democrats and Republicans are on another collision course over increasing borrowing authority as President Barack Obama told Republicans that he does not want spending cuts to accompany such legislation. Full Article
JPMorgan investment unit played by risky rules
LONDON/FRANKFURT - The JPMorgan unit that lost more than $2 billion through a failed hedging strategy had looser risk controls than the rest of the bank, according to people familiar with the situation. Full Article
Greeks vote with wallets in fear of euro zone exit
ATHENS/BERLIN - Greeks are pulling euros out of the banks in fear that their country may leave the European single currency despite the declared determination of EU powers Germany and France to keep Athens in the monetary union. Full Article
In Ohio, fracking a delicate issue for Obama
STEUBENVILLE, Ohio - The Obama administration has walked a fine line in trying to regulate the fracking industry without stifling badly needed jobs or a supply of domestic energy. It is a particularly delicate issue in Ohio, where residents hope fracking could dramatically boost the area's fortunes. Full Article
Mladic taunts survivors at start of genocide trial
THE HAGUE - Former Bosnian Serb general Ratko Mladic made a throat-slitting gesture to a woman who lost her son, husband and brothers in the Srebenica massacre at the start of his trial for some of the worst atrocities in Europe since World War Two. Full Article | Slideshow
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Don't call him Mr. Merkel
BERLIN - Political spouses sometimes provide a spot of glamour. Then there is Joachim Sauer. As his wife stands in the global spotlight battling the euro-zone's economic crisis, Sauer is happy to remain unknown outside the world of theoretical chemistry. Full Article
Activist targets schools, backed by big bucks
After three tumultuous years at the head of the Washington D.C. public schools, Michelle Rhee has emerged as the leader of an unlikely coalition vowing to overhaul the nation’s public education system and forever break the hold of teachers unions on policy. Full Article
Foreclosed Americans return to homeownership
NEW YORK - A small but growing number of Americans are making a surprisingly quick return to homeownership after defaulting on their loans or being forced into short sales that cost their banks money. Full Article
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Paraplegics move objects with their thoughts
Groundbreaking new research shows that people who have lost the use of their limbs can perform basic functions by manipulating a robotic arm with their minds, Ben Gruber reports. Video
Gunfire on the streets of Syria as monitors given safe passage
May 16 - U.N. monitors find safe return after spending the night in a Syrian town under siege. Deborah Lutterbeck reports.
Latest Headlines
For Washington, JPMorgan's big failure can be an opportunity
While all the details around JPMorgan’s failed trading strategy emerge, there is an even more interesting backdrop to consider – whether JPMorgan Chase and other banks are still too big to fail. Commentary
Can we retain privacy in the era of Big Data?
Today online anonymity is essentially non-existent. Our society is collectively creating, storing and communicating information at nearly exponential rates of growth. Commentary
Bad ideas spawn Lesser Depression
When Lehman failed, there were good reasons to think the pain would be brief and concentrated. Almost four years on, the rich world has not fully recovered. Policymakers are following flawed expert advice. A rethink on both unemployment and debt is urgently needed. Commentary
Building a new future for Turkey
Recent developments in Syria and Iran have highlighted the importance of one of the U.S.’s most enduring relationships: its alliance with Turkey. The two countries have an historic chance to forge a genuinely new partnership and work together in the Middle East, Madeleine K. Albright and Stephen J. Hadley write. Commentary
Student debt could hobble the economy
Default rates on student loans are both high and hard to measure, and there are reasons to fear that the growing mountain of student debt could have every bit as profound an impact on our economy as the housing bubble did. Commentary
Press-dinner proceeds and cat-and-mouse China reporting
How much money raised by the White House Correspondents' Dinner actually goes to charity? And what are the special challenges of getting stories like Chen Guangcheng's out of China? Commentary
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Breakingviews: Dimon shines on
Jeffrey Goldfarb talks to Antony Currie about the mild shareholder rebuke of the JPMorgan boss at the bank’s annual meeting. Video
Pro-Republican group plans $25 million anti-Obama ad blitz
Crossroads GPS, a pro-Republican political group, is planning to spend $25 million in the next month on its largest ad assault against President Barack Obama yet this campaign season. Full Article
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