Covenant Church wanted to spend their money on something more meaningful than radio advertisements – which is why they forgave $10 million in medical debt instead.
Over 250 doctors and physicians rejected a proposed pay raise so they could pass the funds towards hardworking nurses and clerks instead.
When Jesse Jones had to pay for his own chemotherapy, he was fortunate enough to have a good job and insurance plan – but other Americans are not so lucky.
The entire continent of Africa is set to receive a huge financial windfall from the World Bank in order to mitigate and adapt to climate change.
The impressive sum is actually double its original 5-year financial investment plan that it set in 2015.
A new seed capital fund committed to finding and investing in high-potential East African "pre-revenue" startups was launched in Kenya, the same week as a leading UN information and technology agency stated their intention to deliver broadband to 80% of African citizens by 2020.
Whether treating patients with drug-resistant diseases in the slums of Haiti or trying to reverse the hopelessness of the world's poor, optimism is essential, insists World Bank President Jim Yong Kim. For me optimism is a moral choice.
A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006.
A teenager is saving his mother tons of money in grocery bills thanks to his savvy shopping techniques.
A new project featuring Grover, Elmo, Cookie Monster and the gang aims to explain concepts related to the importance of earning and saving money. "For Me, for You, for Later," explains financial fundamentals in a way that preschool children can understand. The best part, DVDs and videos are available online and for free at PNC banks.
The European Union has scored a series of mini-victories in recent months and is ending 2012 in perhaps the best shape of the past four years.
Contrary to what you may have heard, new retirees are doing better financially than previous generations, according to research being published on Wednesday by a mutual fund industry trade group.
A new type of financial instrument is challenging the idea that giving and investing are separate and distinct. The social impact bond (SIB) is an experimental hybrid that applies a profit motive to some of the most intractable social problems. The government of Canada added itself to a short list of agencies around the world considering SIB programs, which can be seen as an alternative to charitable donations -- great for investors looking to place capital in a way that will generate economic and social value at the same time.
U.S. stocks closed out 2012 with their strongest day in more than a month. Not only that, the S&P 500 ended the year up 13.4 percent since January 1 of last year, its best performance since 2009. The Dow Jones average added 7.3% for the year and the Nasdaq jumped 16%.
The number of Americans filing new claims for unemployment aid hit a five-year low last week, and residential construction surged in December, the latest signs that the U.S. economic recovery remains on track.
Kickstarter, the crowd-funding site that pairs indie-minded inventors, filmmakers and entrepreneurs with online investors, fully funded more than 18,000 projects in 2012. The website's year-end analysis shows that more than 2.2 million people pledged a total of nearly $320 million. 17 projects raised more than $1 million each
California did the impossible, declared Gov. Jerry Brown in his State of the State address. California has once again confounded its critics, he said, basking in the glow of a new optimism from a recovering economy, budget surplus and fresh political victories.
Employers around the world are more optimistic about business growth and think more money will be spent on talent development this year. That's according to a Right Management survey of more than 2,000 senior human resource executives in 14 countries. In the US, the number of job openings spiked again in March.
Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy. Increasing demand for bank loans often is a prelude to higher economic growth
A 29 year-old mom of two is saving her rural Kansas community millions of dollars a year by sharing her weekly grocery list in an online spreadsheet. By day Emily Graves is a typical working mom. But it's her hobby, creating a shopping list that compares sale ads, that's turned her into a retail rock star.
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