Obama to propose "Buffett Tax" on millionaires
WASHINGTON (Reuters) - President Barack Obama, in a populist step designed to appeal to voters, will propose a "Buffett Tax" on people making more than $1 million a year as part of his deficit recommendations to Congress on Monday.
EU finance ministers take stock of progress on debt crisis
WROCLAW, Poland (Reuters) - EU finance ministers broke no new ground in dealing with the euro zone debt crisis in discussions over the weekend, instead absorbing some ideas and rejecting others and taking stock of progress on agreed steps. | Video
Libyan fighters battle for last strongholds
BANI WALID/SIRTE - Libyan interim government forces charged back into the besieged desert town of Bani Walid, a day after diehard loyalists of fallen strongman Muammar Gaddafi beat them into a humiliating retreat. Full Article | Video
PE firms circling AOL turn attention to Yahoo
NEW YORK - The troubles at Yahoo Inc are proving to be a headache for AOL, that other deeply challenged Internet company trying to turn around its fortunes. Full Article
Perry’s monstrous lies about Social Security
Gov. Rick Perry has called Social Security a “Ponzi scheme", implying that future retirees can't rely on the system. But Social Security can not only be preserved for future generations, its coming fiscal shortfalls can be fixed relatively simply. Full Article
Job search for many China grads goes bust
BEIJING - Millions of China's college graduates have gone from hitting the books to hitting the streets in search of work this summer. So far, many of them are not impressed with the doors opened by higher education. Full Article
What makes video game stocks pop or drop?
NEW YORK - For years, investors have turned to video game reviews to help make buy or sell decisions, moving the share prices of some video game companies higher or lower. Full Article
Painting a favela
"I suddenly realized that I still had the camera on my shoulder, something I would never do in the city for fear of being mugged. It dawned on me how safe I felt, in the middle of a favela," writes Doce on spending four nights in a Sao Paulo slum. Full Article | Slideshow
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Shrinking pay for corporate officers
As a group, corporate officers — executives with broad authority to act on the company’s behalf — are making less, not more. But that's in stark contrast to soaring CEO pay. Full Article
Lessons with Legos: the EU crisis
The Euro zone's financial crisis is a mess and it does not appear to be remedied anytime soon. Reuters finance blogger, Felix Salmon, inspired by a research note from JP Morgan, explains the complex nature of the Euro zone using Legos. Video