Economy

• newPostal Service's next deadline: Aug. 1
  The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.
  - 12 hours ago, 18 May 12, 9:30pm -
• newGreek banks strain for cash
  The Greek financial system is straining hard for cash.
  - 23 hours ago, 18 May 12, 10:53am -
• Vacation? No thanks, boss
  Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don't seem to mind.
  - 1 day ago, 18 May 12, 9:48am -
• Paying companies to hire the unemployed
  Would you donate $6,000 to subsidize someone else's job?
  - 1 day ago, 18 May 12, 9:20am -
• JPMorgan's Dimon to testify in Senate
  JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
  - 1 day ago, 17 May 12, 10:31pm -

Term Sheet

• newNo, Facebook did not make Bono world's richest musician
  Reports of Bono's payday have been greatly exaggerated.FORTUNE -- There have been a lot of silly things written about Facebook (FB) in the past 24 hours, but this item over at HuffingtonPost takes the cake:Of course, HuffPo was not alone. Similar…
  - 12 hours ago, 18 May 12, 9:39pm -
• new38 Special: Facebook bankers got it right
  Facebook shares stay flat, and that's okay.FORTUNE -- Facebook (FB) shares didn't pop. They didn't crumble. They closed the day at $38.23 per share, or less than a percentage point higher than where the company's IPO had priced last night.The typic…
  - 14 hours ago, 18 May 12, 8:13pm -
• newAnother thing spooking Facebook's stock: Taxes
  There will be a flood of shares hitting the market when employees and insiders sell, which could hurt the new shareholders the most.FORTUNE -- Add taxes to the potential reasons the social network's stock didn't pop in its IPO. The issue is the $4 b…
  - 15 hours ago, 18 May 12, 6:44pm -
• newFacebook begins trading
  Welcome to Facebook Friday!FORTUNE -- The moment we've all been waiting for is finally here: Facebook (FB) has begun trading as a public company.The social network's shares began trading just past 11:30 am, or about two hours after Mark Zuckerberg…
  - 18 hours ago, 18 May 12, 3:34pm -
• newThe biggest Facebook winners
  All Facebook VCs hit a home-run. But who hit grand slams?FORTUNE -- After Facebook priced its IPO last night, I did a post on how much the deal was worth to various insiders (both individuals and institutions). But here's an addendum: VC firms that…
  - 20 hours ago, 18 May 12, 1:47pm -

Street Sweep

• Feds nab insider trader at Nasdaq
  Apparently Bernie Madoff wasn't the only bad apple at Nasdaq.In the latest shining moment for the U.S. stock exchanges, the Securities and Exchange Commission on Thursday charged Donald Johnson, a former Nasdaq managing director, with ripping off i…
  - 26 May 11, 8:19pm -
• The problem with nomadic megabanks
  Behold an exciting new feature of the post-bailout era: the megabank that wanders the globe with the weapons of financial mass destruction strapped to its chest.UBS (UBS), the giant Swiss bank that took $59 billion in bailout funds three years ago…
  - 26 May 11, 3:19pm -
• Is the AIG selloff overdone?
  Could it be time to start kicking the tires on AIG?It hardly seems like an auspicious moment. Shares have lost half their value this year, including a 3% walloping Wednesday, making the New York-based insurer the worst-performing big stock in the ma…
  - 25 May 11, 3:55pm -
• The world's most reckless central bankers
  Should the guys at the European Central Bank have to sit through a screening of "Too Big to Fail"?It might remind them that a lesson of 2008 meltdown is that you can't extend and pretend your way out of the abyss, even if you're brandishing a bazook…
  - 25 May 11, 10:32am -
• Problem banks list hits 888
  The zombie banking industry took another half step forward Tuesday.The list of banks at risk of failing expanded at its slowest rate since before the credit crisis, the Federal Deposit Insurance Corp. said. The so-called problem bank list rose by j…
  - 24 May 11, 2:39pm -

WSJ Money & Investing

Real Economics

• newNumber of the Week: Student Loan Bubble
  If a student loan bubble were to pop, the government, not private banks, would be the one standing around with gum in its hair.
  - 59 mins ago, 19 May 12, 9:00am -
• newQ&A: Lessons on Central Banking From Bank of England’s Posen
  Adam Posen spent much of his career analyzing the decisions of central bankers in advanced economies. In 2009, he became one.
  - 11 hours ago, 18 May 12, 10:31pm -
• newPotential Middle Path for Further Fed Stimulus
  If Fed officials decide they need to provide additional stimulus to the economy, there is a strategy that would allow them to act without resorting to what markets called QE3.
  - 14 hours ago, 18 May 12, 8:03pm -
• newBarney Frank Weighs In on J.P. Morgan Loss
  Regulators apparently still aren’t willing to say whether J.P. Morgan Chase’s whale of a trade would have violated the Volcker rule had the proposed measure been in place. But one of the law’s key architect’s isn't so shy.
  - 14 hours ago, 18 May 12, 7:29pm -
• newFed’s Idea of ‘Exceptionally Low’ Still Under Debate
  For months, the Fed has said it expects to keep short-term interest rates at "exceptionally low levels" at least through late 2014. But what exactly that level is continues to be debated.
  - 17 hours ago, 18 May 12, 4:44pm -

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