The Bank of America modified just 4 percent of eligible home loans, says a new government report aimed at prodding banks to do more to prevent defaults.
Pending home-sale transactions rose in June. Low mortgage rates and affordable home prices seem to be stabilizing the market.
If Americans continue reaching into their pocketbooks, back-to-school sales could be better than expected.
Americans participating in the 'Cash for Clunkers' program are buying new cars that get, on average, 9.6 miles per gallon more than their trade-ins.
The international community objected strongly as Israel moved settlers in and longtime Palestinian residents out.
At a time when the threat of filibusters is constant, GOP Senators Enzi, Snowe, and Grassley can wield tremendous influence.
The White House said Monday that Obama's commitment not to raise taxes on the middle class stands firm. Some economists question if that's realistic, given America's fiscal plight.
A media watchdog group releases an ad criticizing CNN anchor Lou Dobbs for stoking the 'birther' controversy.
The youth vote did increase slightly, but not enough to meet pre-election predictions.