As the U.S. airline industry continues to shrink, dozens of small and midsize cities are scrambling to try to maintain their economic lifelines.» Read More
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.
The House did not record enough votes to pass a bill that would have temporarily funded the Department of Homeland Security.
After bad bets on derivatives nearly sank AIG during the financial crisis, Bob Benmosche helped steer it to profitability.
Ira Rennert and his investment firm were ordered to pay $118.2 million after being found liable for looting a magnesium company.
The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.
U.S. economic growth braked more sharply than initially thought in the fourth quarter, but the underlying fundamentals remained solid.
The Institute for Supply Management-Chicago Business Barometer fell far more than expected in February, plummeting to 45.8 from January's read of 59.4.