Thirty years ago, shouting, sweating traders thronged the trading pits of Chicago's exchange markets in barely controlled chaos. Today, a lot of the trading has left the pits and gone electronic, leaving Chicago's trading pits tamer places.
In recent years, China's status — like its economy — has continued to rise as the economies in America and Europe have struggled. That shift isn't just reflected in economic numbers, and some American business people in China say they don't feel as respected or as valued as before.
The risks to the global economy from trouble in Europe have diminished somewhat in recent weeks, according to Christine Lagarde, managing director of the International Monetary Fund. But she says the dangers from the so-called "fiscal cliff" in the U.S. have increased.
Musicians have to spend money and a lot of time to hit their crowd-funding goals, so failure is expensive. But for some people, at specific moments in their careers, crowd funding can be a piece of the puzzle.
Discover has agreed to refund customers over claims it engaged in deceptive marketing practices over the phone. The company allegedly got customers to unwittingly pay for add-on services they never ordered. Discover says it's not admitting any wrongdoing with this agreement.
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