WASHINGTON - After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says.
WASHINGTON - Former President Bill Clinton told anxious Senate Democrats on Tuesday to pass a health care bill soon because the U.S. economy can't resist the toxic combination of exorbitant medical costs and nearly 50 million uninsured for much longer. "My argument was that this is an economic imperative," Clinton said after the closed-door meeting.
WASHINGTON - Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.
Rep. Marion Berry, D-Ark., expected all along that he would vote against the Democrats' health care bill. But Saturday morning he changed his mind.
When it comes to financial matters, Americans are functionally illiterate.
NEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question.
WASHINGTON (Reuters) - Home prices fell in the third quarter from year-ago levels in about 80 percent of U.S. metropolitan areas, the National Association of Realtors said on Tuesday.
FORT LAUDERDALE, Fla. - Federal prosecutors accused a high-profile South Florida attorney of concocting a Ponzi scheme that lured millions of dollars from investors with promises of big payoffs from legal settlements that never existed, according to court documents filed Monday.
WASHINGTON - The Obama administration is ready to hand out more stimulus dollars for schools, but this time, strings are attached.
BARENDRECHT, Netherlands - The people of this small Dutch town are not against pumping tons of carbon dioxide into the ground to fight global warming.
HONOLULU - Though conceding it was a close call, a federal judge refused to halt Hawaii's teacher furloughs, and called on the state and lawyers for parents who filed two lawsuits to quickly reach an out-of-court settlement.
NORTH LITTLE ROCK, Ark. - Forty-three "career coaches" will be placed in high schools around Arkansas next year to help students chart their college and career goals, state officials announced Monday.
LONDON (Reuters) - Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.
FRIANT, Calif - Gov. Arnold Schwarzenegger has signed a far-reaching water bond intended to rebuild California's crumbling water system and fund new dams to save up the precious resource for dry years.
LONDON - European and U.S. stock markets took a breather Tuesday after a big rally in the previous session had pushed the Dow Jones industrial average to its highest level this year.
COLUMBUS, Ohio - After Richard Handy of Fairfield received an e-mail from a conservative group calling Gov. Ted Strickland's proposed delay of Ohio's income tax cuts a "retroactive tax increase," Handy fired off a few passionate words to some state senators.
NEW YORK (Reuters) - U.S. stocks were little changed on Tuesday, stalling the S&P 500 index's string of six straight advances, as investors paused to assess recent gains.
NEW YORK - Investors cooled their buying of stocks and commodities, pausing from a surge that's carried major stock indexes to their highest levels in more than a year.
SYDNEY (AFP) - Anglo-Australian miner Rio Tinto said Tuesday it was interested in collaborating with Chinalco, months after rejecting a massive cash injection from the state-owned Chinese firm.
For College Club and Country - A History of Clifton Rugby Football Club' is a stunning new 312 page book giving the historical account of one of the oldest rugby clubs in the world, with direct links to the roots of the game at Rugby School and a long association with Clifton College.
NEW YORK (Reuters) - Insurance giant AIG has made progress on its restructuring and will likely be able to repay a taxpayer bailout and buy back much of the government's stake in the company, Moody's Investors Service said on Monday.
Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico.
Beazer Homes USA Inc. reported its first quarterly profit since 2006 on Tuesday and credited more stable home prices and cost cuts for a marked improvement in the homebuilder's gross margins.
Stock market volatility is back, a signal to some experts that the powerful rally that started in early March may be coming to an end.
METTAWA, Ill. - HSBC Finance Corp. said Tuesday it will sell its auto loan servicing business and $1 billion in car loan receivables for $904 million.
A quick survey of carbon capture projects and efforts around the world:
WASHINGTON (Reuters) - Top forecasters are growing more confident the U.S. economy has embarked on a sustainable recovery, a survey released on Tuesday showed.
LONDON (AFP) - World oil prices slid Tuesday as Hurricane Ida weakened to a tropical storm, easing worries about the potential threat to petroleum installations in the US Gulf of Mexico, analysts said.
LONDON (Reuters) - Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS.