Jobless claims rose last week; personal income and expenditures increased during August.
Rep. Alan Grayson said the Republican healthcare plan was for sick people to 'die quickly.' He is bringing a new style of raw confrontation to Congress.
In 1965, CEOs of major US firms made 24 times an average worker’s pay. By 2004, that ratio was 431 times.
Accomplices to the crimes are believed to be on the loose in Russia or other countries where U.S. authorities are less likely to get them.
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.
In earnings reports released this week and last, the four major US banks are showing signs of improvement.
CIT is one of America’s largest lenders to small businesses. It also made many subprime mortgage loans and is now seeking US assistance.
Major banks say they won't honor IOUs that the state has issued. That could increase pressure on lawmakers – but it might not be the decisive factor.