Yesterday, I gave a very simplistic description of derivatives. Today I'll give an example, one you already know something about: credit default swaps. They are a way to hedge your bets.This type of credit derivative is a private contract that allows...

Here are the top five headlines on the Google News "Business" category from Wednesday evening:Hopes Dim for Quick Bailout for Automakers

Iceland used to have the fifth highest per capita income in the world. But with its currency, the krona, having come unglued from foreign reserves earlier this year, the country is depending on the kindness of other countries to help it back on its...

But the reason they're so darn popular is because if you play your cards right, you can make money whether the markets go up or down.Remember when you took Freshman Physics because it was a requirement, and you wondered why in the world an English...

And that broad would be me.Every two weeks, the paper I used to write for publishes an all-sports tabloid that's given out for free, and I deliver them to the stores and schools in my part of the county. It's an easy gig, and the extra dollars come...