The up and down markets from last year, took its toll even on Goldman Sachs, which is thought of as the rock star of investment banks.
Goldman posted a billion dollar profit during the last quarter of 2011. And while that may seem like a lot, it's 58 percent down. The AP reports that the profit follows a third quarter in which Goldman lost money for only the third time since it went public in 1999.
Almost every office building in downtown McKeesport, Pa., is abandoned or boarded up. Since the departure of the steel industry, the city's population has dropped from 55,000 to 19,000.
There are so many empty office buildings in downtown McKeesport, Pa., that space can be rented for only $5 per square foot for this eight-story building on the city's main thoroughfare.
Republican presidential candidates have had some harsh words about the role of government aid in the Obama administration.
Former House Speaker Newt Gingrich calls President Obama the "food stamp president" and says more people are on food stamps than ever before because of his policies.
Before setting off on her road trip, Molly Baz worked in the kitchen of Manhattan's Picholine restaurant. She says one of the things she'll miss most from her trip is the Southern hospitality — and the free snacks that came with it.
Until this fall, chef Molly Baz was working at an upscale Michelin-starred restaurant in New York City. But she decided to give that up to go on a road trip.
Molly wanted to learn everything she could about variations in American barbecue, so she planned a tour of the country's most renowned barbecue regions and invited her father, photographer Doug Baz, along for the ride. The pair documented their travels on their blog, Adventures in BBQ.
Eric Bachmann can't seem to stay away from music. The talented singer-songwriter first attracted mainstream and underground attention in the '90s with Archers of Loaf before introducing a new project called Crooked Fingers in 2000.
Originally published on Wed January 18, 2012 6:03 pm
In many countries, it's a cinch to call a local restaurant and get a freshly cooked dinner delivered, ready to eat amid the comforts of home. But in many parts of the U.S., the home delivery menu is usually limited to pizza and Chinese.
Burger King is trying to expand that menu by testing home delivery of burgers and fries, building on its success with home delivery overseas, including branches in Mexico, Turkey, Brazil, Colombia and Peru.
When Slovene World Cup Alpine skier Tina Maze opened her racing suit Sunday to reveal her sports bra beneath to all those looking on in Cortina D'Ampezzo, Italy, it wasn't some kind of sexy strip show or joyous Brandi Chastain type of moment.
It was a protest.
Over a fuss being made about her underwear.
Not the bra, mind you, or the words she had written on it: "Not your business."
The single largest cattle show in the United States, the National Western Stock Show, is now under way in Denver. Fans roar overhead, keeping the air cool and the odors at bay, as Jeanette Fuller spiffs up her Black Angus — with product.
"High-strength hairspray, basically, just trying to get the hair to accentuate the good things about her and kind of cover up the bad things about her," Fuller says.
The U.S. Supreme Court has given an Alabama death row inmate another chance to fight his execution. By a 7-to-2 vote, the court ruled Wednesday that convicted murderer Cory Maples, "through no fault of his own," was denied the right to appeal because he was abandoned by his lawyers.
Maples was convicted in 1997 of murdering two friends and was sentenced to death. There is no doubt that he committed the crime; the doubt is whether he could have avoided the death penalty if he had been properly represented at trial.
