Big banks to stop cashing California IOUs

Residents will have fewer places to cash in IOUs after large banks stop redeeming them Friday. SEC warns potential buyers and sellers of possible scams.
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Stimulus not enough to juice consumers
Weakness in retail sales shows Americans still not shopping freely. Economists say trend is a problem for now but could help economy in the long run.
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Higher minimum wage coming soon
Federal wage floor will rise to $7.25 an hour on July 24. Hike will be felt in 29 states. Can the job market handle it?
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Recession: I'm lovin' it!
From a half-price deck to spending time with the kids to traveling around the country in pursuit of the best party, these people are making the most of the downturn. Read More



Personal Finance



China on the march, again
Now it's the consumers, not the exporters, that are powering the mighty economic engine. Here's how investors can play the trend.
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Get ready for an Asian spending wave
Money's stock strategist thinks this region of savers could soon become one of spenders. Here's what it means for you.
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How does your net worth stack up?
Comparing your assets and liabilities on a regular basis is a good exercise. Here are a few tips to help you get started.
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Small Business



An Internet for rural India
One intrepid entrepreneur battles brigands and bureaucrats to bring e-governance to India's 700 million rural poor.
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America's 100 fastest growing small public companies
These fast movers are defying the downturn to grow profits and reward investors.
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Reinventing the condom - for women
After two decades of patiently laying groundwork, Female Health is finally poised to profit from its life-saving but hard-to-sell creation.
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Health care reform: What small business wants
Insurance costs are killing small firms -- but many entrepreneurs are ideologically opposed to government-backed health coverage.
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How We Got Started
Natori's booming nightgown biz
Josie Natori went from designing sleepwear to managing a brand of home, fragrance and ready-to-wear lines. Watch Video



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