Why financial inclusion needs a new frontier—asset building

The concept "financial inclusion" is used in mainstream business and development circles as an all-encompassing term for innovation in financial services for the poor. Financial inclusion is promoted as part of an important ...

Economists find kinship networks play key role to access credit

In times of financial hardship, or when opportunities arise, the ability to borrow can be critical. Some people rely on commercial lenders, while others depend on relatives, especially in developing countries. But a new study ...

Microsoft CEO Ballmer pay slips 4 pct to $1.3M

(AP)—Microsoft Corp. CEO Steve Ballmer's pay package fell 4 percent after his bonus was trimmed, partly due to slower-than-planned progress in the software company's online business and a drop in revenue at its Windows ...

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