• Labor market still needs support, Federal Reserve chairwoman says

    By MARTIN CRUTSINGER, Associated Press | Published: Wed, Jul 16, 2014

    U.S. economic recovery isn’t complete and extra caution is warranted, Federal Reserve Chair Janet Yellen said Tuesday while addressing the Senate Banking Committee delivering the Fed’s semi-annual economic report to Congress.

  • U.S. companies look overseas for tax relief

    By TOM MURPHY, Associated Press | Published: Tue, Jul 15, 2014

    These tax-lowering overseas deals, combining operations with foreign businesses have raised concerns among some U.S. lawmakers over the potential for lost tax revenue.

  • Citigroup to pay $7 billion in mortgage settlement

    By ERIC TUCKER, Associated Press | Published: Mon, Jul 14, 2014

    Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said “shattered lives” and contributed to the worst financial crisis in decades, the Justice Department said Monday.

  • Eagle & Beagle for Sunday, July 13, 2014

    By Don Mecoy, Business Editor | Published: Sun, Jul 13, 2014

    Don Mecoy: A weekly look at Oklahoma companies’ high-performing (eagle) and low-performing (beagle) stocks.

  • Social Security Q&A: What is Supplemental Security Income?

    Updated: Fri, Jul 11, 2014

    Inheritance could affect SSI eligibility

  • Taking Stock: Ask right questions if investing in annuities

    Published: Sun, Jul 13, 2014

    Malcolm Berko: Annuities and guaranteed minimum income benefit are explained. It’s important to ask the correct questions about what is in an annuity.

  • Street Smart: To become an investor, think just like an owner

    By Ian Ogilvie, For The Oklahoman | Published: Sun, Jul 13, 2014

    Ian Ogilvie: Stocks outperform most other investments over time, although consumers’ opinions vary widely about that.

  • World Cup defeat can hurt domestic stock market

    By PAN PYLAS, Associated Press | Published: Sun, Jul 13, 2014

    Argentina and Germany face off in the World Cup final Sunday, and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.

  • Does Oklahoma City commercial property really need an asterisk?

    BY RICHARD MIZE, Real Estate Editor | Published: Sat, Jul 12, 2014

    Foreign capital spilling out of gateway cities to lower-tier real estate markets? Does that include Oklahoma City? Should it?

  • Economists lower forecasts for U.S. growth

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Sat, Jul 12, 2014

    U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

  • Internet-controlled home, office devices could waste billions in energy

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 11, 2014

    With “smart,” Internet-controlled devices, we can now use our phones to remotely control our stereos, televisions, thermostats, door locks, alarm systems, garage doors and even the lights throughout our homes. But a recent study from the International Energy Agency found the world’s 14 billion online electronic devices wasted about $80 billion in 2013 because of inefficient technology.

  • Fed could end monthly bond buying program by October

    By MARTIN CRUTSINGER, Associated Press | Published: Thu, Jul 10, 2014

    Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October.

  • U.S. students show average financial know-how in study

    By JENNIFER C. KERR, Associated Press | Published: Thu, Jul 10, 2014

    The United States runs in the middle of the pack when it comes to the financial knowledge and skills of 15-year-olds, according to an international study released by the Paris-based Organization for Economic Cooperation and Development.

  • Oklahomans call for immigration reform

    By Jay F. Marks, Business Writer | Published: Wed, Jul 9, 2014

    A group of Oklahoma leaders are calling on Congress to reform the country’s immigration laws to secure its borders, preserve human dignity and allow immigrants to contribute to the economy.

  • Consumer borrowing rises at slower pace in May

    By JOSH BOAK, Associated Press | Published: Wed, Jul 9, 2014

    The relatively modest increase should help to feed slow but steady economic growth, because consumers rely on debt to pay tuition, buy cars and shop.

  • Math, science grads find formula to make top dollar in workplace

    By ANNE FLAHERTY, Associated Press | Published: Wed, Jul 9, 2014

    The survey of the class of 2008, by the National Center for Education Statistics, provides an interesting snapshot of the nation’s educated elite following a crushing economic recession: Overall, college grads reported lower unemployment rates compared with the national average, although black and Asian college graduates were twice as likely to be out of work than white classmates.

  • Car-hailing service Uber takes on taxis with sale in New York

    By SCOTT MAYEROWITZ, Associated Press | Published: Wed, Jul 9, 2014

    The car-hailing service Uber is taking on New York City’s taxis, temporarily dropping some of its prices by 20 percent. The discounts range from 20 to 25 percent, depending on the city.

  • Auctioneer believes Rachel Mellon sales could bring $100M

    The Associated Press | Published: Sun, Jul 6, 2014

    Property from the estate of noted horticulturist, philanthropist and heir to the Listerine fortune Rachel “Bunny” Mellon is going on the auction block this fall.

  • June jobs report shows U.S. recovery is accelerating

    By JOSH BOAK, AP Economics Writer | Published: Fri, Jul 4, 2014

    Employers added 288,000 jobs in June and helped cut the unemployment rate to 6.1 percent, the lowest since 2008. It was the fifth straight gain above 200,000 — the best such stretch since the late 1990s tech boom.

  • The right time for REITs

    Published: Tue, Jul 1, 2014

    Malcolm Berko recommends several Real Estate Investment Trusts