finances

(Newser) - Mark Zuckerberg got talkative with the Facebook staff yesterday. The boy CEO shared intimate details of the privately-owned company’s finances to an all-staff meeting with an open phone-in line—“It was really unbelievable,” marveled one. The numbers indicated a fall from break-even grace for the company in...

(Newser) - It's never too early to get savvy about money. The Journal's Jonathan Clements explains how he's put his teens on the right track.

1. Delayed gratification: When they spend their own cash, they make better decisions.
2. Pace yourself: The Clements kids had to make a 3-month allowance last.
3. Family values: Stories,

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(Newser) - Nearly 6% of the population suffers from compulsive buying, which is often linked to other problems with control and mood disorders, according to research in the American Journal of Psychiatry. About the same percentage of women and men are shopaholics, and addicts are likely to be young, near the limit...

(Newser) - Corporate raiders Kohlberg Kravis Roberts & Co. have announced an initial public offering, on the heels of a wildly successful $34B IPO by rival Blackstone yesterday. The mammoth LBO group, whose boss Henry Kravis maintains a well known rivalry with Blackstone's Stephen Schwarzmann, waited to make sure Blackstone swam before...