FastCompany RSS

finance

The Federal Reserve Plans To Monitor Facebook, Twitter, Google News

The New York Federal Reserve Bank is embarking on an ambitious social media monitoring project. Starting this December, the Fed will be monitoring Facebook, Twitter, and the broader web to gauge public response to economic policy. Civil libertarians and anti-big government activists are upset, but should they be?READ»

#OccupyWallStreet Organizer's Ideas For A New "Human Economy"

As the #OccupyWallStreet movement gains momentum in more locations--and as protesters are arrested by the hundreds--Fast Company speaks with one of the movement's architects. READ»

FINANCE   |  Comment

Does the World Have Financial PTSD?

When FDR said: "We have nothing to fear but fear itself," he was right. PTSD is the fear following an intial trauma -- that caused you to feel vulnerable -- of retraumatization, that you're afraid will finish the job and destroy you.READ»

S&P Vs. Moody's: When It Comes To Credit Ratings, S&P Has Stumbled (Badly) Before

The reasoning behind S&P's downgrade of the U.S. sovereign credit rating wasn't whether the U.S paid its debts, which of course it has; the focus was on the process and problems in getting the temporary deal done. Simultaneously, Moody's ratings agency decided that the U.S. still warranted a AAA credit rating and it maintained that rating accordingly. Who's right? READ»

How To Stop Spam, Google's Financial Advisor Program, Microsoft Hooks Students With Free Xboxes, And More...

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day.READ»

EDUCATION   |  Comment

Should Financial Literacy Be Mandatory?

British MPs want compulsory finance education in schools, but there's mixed evidence on effectiveness.READ»

CARS   |  Comment

GM Posts First Profitable Year Since 2004

The iconic car company beats expectations and cuts a profit-sharing check to its employees. Are electric vehicles behind GM's revving financial engine? READ»

I-Banker Turned Environmental Activist Pumps $25 Million Into Saving South China Tigers

Stuart Bray is transporting South China tigers to South Africa in order to reacquainted then with the wild--and to try to save an endangered species. What does the WWF think of that?READ»

West Bank's First Private Equity Fund Launches

A Palestinian businessman, the U.S. government, George Soros, and Emirati oil money are bringing a $60 million private equity fund to the Palestinian territories.READ»

Visa Beats Apple to iPhone NFC Payments in Euro Experiment

The hottest rumor about the 2011 iPhone 5 is that it'll include NFC wireless tech, ready to reinvent how you pay for stuff with credit cards. But Visa, master of existing card tech, is busy beating Apple to the punch with a new European trial of NFC on the iPhone.READ»

Amazon Shells Out Half a Billion for Parent Company of Diapers.com

Jeff Bezos is a very nappy boy today as Amazon shells out $500 million for Quidisi.READ»

Want to Build the World Bank's New App? Here's How

The World Bank is embracing digital openness in a big way: It's just revamped its APIs for public access to its treasure trove of financial data. The aim is to make data available to help developing countries. READ»

StockTwits CEO on Competing With CNBC, Jim Cramer, Google, Yahoo

StockTwits CEO Howard Lindzon is trying to create a real-time financial news network. How does he expand his influence with competitors as big as CNBC, Google, and Yahoo?READ»

HP SHARES   |  Comment

Deconfusinator: HP Spending $10 Billion on its Own Shares

HP's board has just okayed $10 billion on share purchasing ... but it's not an M&A move: It's to buy shares in HP. What gives? Is HP desperately narcissistic or in deep and confusing financial trouble?READ»

INTEL   |  Comment

Intel Expands its Empire: Buys McAfee for $7.7 Billion

Intel has just announced it's going to buy one of the most well-known PC security firms, McAfee. It's going to be handing over $7.68 billion to seal the deal, too.READ»

CEOs: BP Spill Has Had Little Impact on Green Market

"The government's policy on energy in the United States is the most stupid, idiotic, inconsistent, crazy policy you could imagine," said Michael Garland, CEO of wind-powerhouse Pattern Energy Group. Garland spoke at the Renewable ...READ»

India's ¢u££€₦¢¥ Gets Its Own $¥mbol ₮oda¥

While the almighty dollar sign is universally known (and the oft counterfeited bills undergo frequent upgrades), India's currency, the rupee, has been strangely bereft of an official symbol to use when denoting it in text. Today it'll ...READ»