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The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
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Investors plowed through another benchmark, taking out 15,000 on the Dow in a move that could set up for a short-term market lull.
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Homeowners with government-backed mortgages may have a fresh shot at receiving meaningful mortgage relief, but it will likely come with strings attached, reports TheStreet.com.
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One month after rolling out a lease-to-own financing program that generated plenty of attention and bad reviews, Tesla is changing its financing program to be more buyer-friendly.
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Payday loans cost the U.S. economy nearly $1 billion and thousands of jobs in 2011, while borrowers often face bankruptcy, according to a new report.
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Defense contractor Michael Kelly let go of another employee last month. And if federal cuts continue, he said, more people will go in the coming months. The New York Times reports.
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A little known rule change is signaling just how meaningless the retirement vehicle has become.
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Barnes & Noble aims to make its "Nook" tablets more appealing to consumers by offering buyers access to Google's apps store, hoping to generate interest in the device.
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Concerns over domestic surveillance aside, the industry says 100,000 jobs could eventually be created if the FAA integrates drones into U.S. airspace by its 2015 target date.
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Verizon Communications wants to buy out Vodafone from their wireless joint venture, but will not do so at any cost, its chief executive said.
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Dennis Gartman, founder and editor of the Gartman Letter, believes the new Affordable Care Act (ACA) could be a key reason why businesses are reluctant to hire new workers.
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The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.
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Uncle Sam, financial services companies and spend-happy consumers all share the blame in creating America's savings crisis.
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The number of Americans seeking unemployment aid fell to 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.
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Despite regulatory pressure and the general negative public stigma, big American banks are doing better against their global competitors.
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Stock markets don't want a strong economy, but want a "decent" one said Bob Doll, chief equity strategist at Nuveen Asset Management.
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Flush with cash, big investors have bought at least 55,000 single-family homes across the U.S. in the past year, and home buyers say it's hard to compete.
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Financier Ronald Perelman told CNBC that earnings are growing at the companies he holds stakes in, but top-line growth has been difficult, much like the rest of Corporate America.
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Intel announced that it has named Brian Krzanich to succeed Paul Otellini as the company's new chief executive officer, effective May 16.
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The Fed's commitment to loose monetary policy is likely to lead to asset and equity bubbles in the next two years which could be worse than the previous crisis, renowned economist Nouriel Roubini said in an opinion piece for Project Syndicate.
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Ford, facing greater demand for its F-Series trucks, is adding a third shift and hiring more than a thousand new workers at its final assembly plant in Claycomo, Missouri.
U.S. Video
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Scott Nations helps a Facebook fan bet against Tesla for just $2.25.
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Arthur Laffer, chairman, Laffer Associates, discusses the falling deficit and why some people are saying the deficit is being cut too fast.
