It's not an easy time for gigantic Wall Street banks. Not easy, I tell you! In the challenging post-recession business environment, thousands of Wall Street layoffs have not been enough to keep profits high. Where's all the money going?

The U.S. stock market is too expensive right now by virtually every measure. It is not the greatest time to buy, but then again, you should not sell, either. Just chill.

Jamie Dimon, the bulletproof head of JPMorgan Chase, has throat cancer. Though his prognosis is good, speculation about who will succeed him is already rampant. Allow us to offer some ideas for successors who are not "just another banker in a suit."

Earlier today, in Taiwan, the smartphone company HTC held its annual investor's meeting. HTC's stock price is in the toilet. Investors are demanding: hey, how about a free phone?

After posting "years of subpar results," three of Harvard University's top money managers are leaving. Despite "years of subpar results" from top money managers, Harvard University is still rich as hell.

Meat prices are at an all time high. Beef is expensive. Fish is expensive. Nasty swine meat is expensive. Wow, what are you going to eat this summer for protein??? Have no fear!

America has treated the Clinton family pretty well. They've become millionaires many times over. But a new report says that even as they support policies to tax the estates of the extreme wealthy, they try to avoid those taxes on their own wealth.

Steve Forbes, the wealthy Forbes family heir, has accomplished little of note in his life except presiding over the decline of the Forbes media empire, and losing badly in a run for President. We'll give him this, though: he is an amazing troll.

A Greenpeace employee who "hoped to benefit the organization" via currency trading ended up losing $5.2 million of the nonprofit's money. Don't do that.

If you have ever needed a clear, simple demonstration of the fact that the financial advisory industry is, to a large extent, a hustle designed primarily to soak you for as much money as possible, here it is.

Harvard law professor and public intellectual extraordinaire Lawrence Lessig has a bold idea: raising money in order to take money out of politics. He's here to answer your questions about his plan to start a super PAC with the express purpose of destroying super PACs, and saving democracy.

For the average America, the notion of retirement is a sick joke. A sick, sick joke. Just forget it. It's making me sick. All I'm going to ask is: Are you a member of "Generation X?" If so, you should feel sick as well.

One in every ten New York residents does not have a bank account. Street homelessness is on the rise. Despite this, there seems to be a new bank branch on every corner. Why? The answer may not surprise you.

Five years after the lowest depths of the recession, America has finally regained all of the jobs that we lost in that economic calamity. In absolute terms, America has never been richer. Now we can turn our attention to equality.

It can be hard to wrap your head around just how rich some very rich people are. To help you with this, the real estate firm Redfin has calculated which cities various billionaires could purchase as their very own.

After decades of rising income inequality (and a nudge from Occupy and Thomas Piketty), it's finally "cool" to talk about taxing the hell out of the grotesquely wealthy in order to make our world somewhat more equal. Let's examine an argument against this sort of taxation, to see why it is weak.

These days, it's not enough to simply direct vitriol at the rich; you must put the offenses of the rich in the context of society as a whole. It's not just that they dedicate their lives to decadence in a sea of want; it's that they want credit for it.

Bidding on a single lunch with Warren Buffett currently stands at $350,300, and will go much higher—two years ago, the price was $3.46 million (which goes to charity). Here, we'll save you $3.46 million: "Buy index funds."

"Liberia is doomed" due to poor economic policy, said Liberia's finance minister this week. Uh... thanks for your service, but we've decided to go in a different direction with the "Finance Minister" position.

Here is a list of the many ways in which the May 2014 economy is similar to the May 2007 economy—booming, just before the bust. In other news: junk bonds are back! Anyhow, don't miss this once in a lifetime opportunity to get rich.