Texas Rep. Ron Paul (R) announced today that he is scaling back his presidential campaign operation. He said in a statement that he will continue to fight former Massachusetts governor Mitt Romney for delegates at state conventions around the country, but he will no longer spend any money on upcoming primary contests. Read full article > >

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Ron Paul no longer campaigning in primaries

Nearly everyone pursuing a bachelor’s degree is borrowing money, and as prices soar, a college degree often comes with an unprecedented financial burden.

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Degrees of Debt: Student Loans Weighing Down a Generation With Heavy Debt

Two people are arrested in the US and charged with trying to extort money from the singer Stevie Wonder.

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Stevie Wonder ‘extortion plot’

Thousands of pounds of taxpayers’ money is being wasted by delays in the redevelopment of a former army barracks, an Ulster Unionist MLA says.

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Cash ‘wasted’ over barracks delay

Enraged that they gave money to mistress.

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Edwards’s Wife Confronted Donors

I’m just back from the Berkshire Hathaway shareholders meeting in Omaha, where billionaire Warren Buffett and 25,000 of his closest personal friends gather each year to talk money. The 81-year-old Oracle of Omaha and his 88-year-old sidekick, Charlie Munger, are still going strong and still preaching the gospel of value investing. “We’ve been students of other people’s folly, and it’s served us well,” Buffett observed, seemingly for the billionth time. (Multiple conflicts — Buffett is a former director of The Washington Post Co., and Berkshire owns a large share of The Post Co. — make me less than perfectly objective, it should be noted.) Read full article > >

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The ‘folly’ of the U.S. housing bubble

Taxpayer money for non-abortion services halted.

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AZ Cuts Planned Parenthood Funds

Arizona Governor Jan Brewer signed into law a bill banning abortion providers like Planned Parenthood from receiving money through the state, her office said in a statement.

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Arizona Bans Funding to Planned Parenthood in Abortion Fight

Several young authors of financial advice books say they were taught at an early age to be mindful about money.

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Your Money: How to Raise a Financial Guru

What happened when the president came to New York looking for love and money.

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The Money Issue: Obama’s Not-So-Hot Date With Wall Street

With its best-selling drugs losing patent protection, Pfizer is shedding money-making but noncore businesses to focus on pharmaceutical sciences.

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Pfizer Profit Declines 19% After Loss of Lipitor Patent

Click to watch video Oregon truffles fare well in blind tastings against their European counterparts. Meet Jack Czarnecki, a mushroom forager, oil maker and restaurateur who's making it his mission to raise the profile of his native treasure.

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Hunting the elusive truffle – in Oregon

ONE OF THE significant reforms in the health-care law was to put private Medicare plans on a more equal footing with the traditional government program. The Patient Protection and Affordable Care Act altered the payment structure in which the private plans, known as Medicare Advantage, were essentially overpaid in comparison to the traditional fee-for-service plan, receiving about $114 for every $100 spent on traditional Medicare. With about a quarter of Medicare beneficiaries now enrolled in private plans, the change was projected to save a significant amount of money: $145 billion over nine years. Read full article > >

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Editorial Board: Medicare’s $8 billion advantage

Two of the UK’s biggest banks admit that some customers have been denied their legal right to cancel recurring payments, reports Radio 4′s Money Box.

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Banks ‘wrong’ over payment policy

Money will help with legal fees.

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Supporters Give Zimmerman $200K