Federal Reserve asks Congress to limit Wall Street merchant banking

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The Federal Reserve Board recommended that Congress pare back Wall Street's ability to own physical commodities and engage in other aspects of merchant banking because of possible risks to the financial system, according to a report issued on Thursday.

Tech Giant Microsoft Inc To Buy LinkedIn For $26bn

Microsoft is buying the professional networking website LinkedIn for just over $26bn (£18bn) in cash.
The software giant will pay $196 a share – a premium of almost 50% to Friday’s closing share price.
The deal will help Microsoft boost sales of its business and email software.

Saudi billionaire’s ex-wife ‘seeking £250m in divorce settlement - See Details

Christina Estrada, a 54-year-old former Pirelli calendar model, reportedly needs the cash ‘to meet her own needs’, which include flying on private jets, designer clothing and mansions. She is due to put her full claim against Sheikh Walid Juffali, 61, with whom she had a daughter, before High Court family judge Mrs Justice Roberts at a five-day hearing, which starts on June 24.

GEJ’s Presidency Was A Bribe To Niger Delta – Sheikh Gumi

Controversial cleric, Sheikh Gumi, has stated that Goodluck Jonathan’s presidency was a bribe to the Niger Delta region. The popular cleric said that because oil was the life blood of Nigeria, the country had been bribing some people in the region to allow oil to flow.

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A Home Business For Moms

When it comes to the economy in many countries, people are not doing so well. Many large corporations have downsized their companies by giving a pink slip to hundreds of its employees. This large number of layoffs has a trickledown effect as other business are affected and likewise must layoff some of their workers. This leaves a huge number of people searching for work.

Affiliate marketing: How To Make Money

Affiliate marketing is a great way to earn money. If you don't know what affiliate marketing is, it is a way to start selling something online without coming up with it yourself. Someone has made a product or is delivering a service, and will pay you to help them sell their product. In return, you have to market their product and find sales for them. This is usually a win-win situation. You are able to make money, and so is the product owner. If you want to be an affiliate marketer, keep reading. Here are some tips.