Two commercial big banks – Citigroup and Bank of America – reported earnings Friday. Yet their stock prices fell, in part because of a slow business climate in which loan portfolios are shrinking.
Michael Phelps said his performance in this past weekend's Paris Open will give him the impetus to train harder in the pool.
#12 California: Jobseeker Michael Williams flashes a 'hang loose' sign as he stands on an exit ramp in Irvine, Calif. to advertise himself to the job market. For the Golden State, the 2000s have been a bust. The last time, California had fewer workers on the job, people were gripped with millennial fervor and worried about the Y2K bug (December 1999).
Delays in the foreclosure process and high unemployment mean foreclosures could hit a new record in 2010.
While November sees 8 percent fall in foreclosures, loan-modification programs mask the size of the problem.
A look at the Top 10 fast-growing foreclosure cities.
Lower prices and the federal tax credit for buyers fuel a 9.4 percent rise in home sales.
Some of America's fastest-growing cities were the last to slip into the recession. Now they are hoping to harness their momentum and slingshot their way out of it. New Orleans, Louisiana topped the list in percentage terms, reflecting continued rebuilding after hurricane Katrina.