With the housing market and auto sales showing some signs of life, pundits predict a better economy for 2012. But the ripple from a European downturn could erode the economic pace in the US.
The nations of the European Union have agreed to submit to tighter oversight of fiscal policies as many struggle with severe debt that could kill the euro and cause a new global recession.
Warren Buffett announces that Berkshire Hathaway will buy the Omaha World-Herald, despite Warren Buffett's earlier predictions of 'unending losses' for most newspapers.
Oakland, Calif., is braced Wednesday for a general strike, called by Occupy Oakland. The city has seen some of the Occupy movement’s worst violence so far, but union participation in the strike may have a pacifying effect.
Bank of America has canceled its plans to charge a $5 monthly debit card fee. The about-face by Bank of America comes in the wake of growing public anger over high banking fees
Stock markets in the US and Europe fell Tuesday, stunned by news that Greeks will vote in January on national austerity measures tied to resolving Greece's sovereign debt woes.
Debit cards' fees so unpopular in pilot programs that Chase, Wells Fargo will eliminate them. Bank of America likely to offer ways to avoid fees on its debit cards.