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Biden Offers Voice Of Empathy On The Economy

Posted: 06/26/2011 - Vice President Joe Biden is reprising his role as one of the Obama administration's top surrogates on the economy and an empathetic voice in states hard hit by the recession which could decide the outcome of the 2012 presidential election.

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NYC Budget Deal Averts 4,000 Teacher Layoffs

Posted: 06/25/2011 - New York City lawmakers reached a budget deal Friday that will avert the layoffs of about 4,000 teachers partly through union concessions, but the city won't pay to replace thousands more public school instructors who quit or retire this year, officials said.

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The Best And Worst Cities For Jobs This Summer

Posted: 06/25/2011 - Employers in all 50 states expect the bleak employment picture to perk up during the three-month period ending in September. In fact, hiring managers in dozens of metropolitan areas anticipate considerable increases in hiring, while others present a darker forecast.

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Republicans Leave Budget Talks, Blame Democrats

Posted: 06/24/2011 - Republicans pulled out of debt-reduction talks led by Vice President Joe Biden with a flourish on Thursday, blaming Democrats for demanding tax increases as part of a deal rather than accepting more than $1 trillion in cuts to health care for the elderly and other government programs.

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FEMA Deadline Passes For Tornado Victims

Updated: 06/20/2011 - Monday, June 20 is the deadline for people to apply for disaster assistance because of losses from the April 16 tornadoes that ripped through North Carolina.

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AARP Slammed For Not Fighting Social Security Cuts

Posted: 06/18/2011 - AARP, the powerful lobby for older Americans, was hammered Friday by fellow activists for refusing to oppose any and all cuts to Social Security benefits, a position the group says it has long held as a way to extend the life of the massive retirement and disability program.

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Shoppers Slammed On The Brakes In May

Posted: 06/15/2011 - Retail sales fell in May for the first time in 11 months, dragged down by a sharp drop in receipts from auto dealerships, according to a government report that could raise fears of a prolonged economic slowdown.

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Watch Out For Falling Gasoline Prices

Posted: 06/11/2011 - The failure of oil-producing nations to agree this week on boosting output sparked worries that the price of crude and gasoline could be headed higher again.

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Proposed Rules Could Shut Many Out Of Housing Market

Posted: 06/09/2011 - Proposed rules sparked by the financial industry meltdown of 2008 could have the effect of clamping down credit so hard that lower-income buyers and many others would be shut out of the mortgage market, critics say.

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5 Simple Ways You Can Ruin Your Financial Life

Updated: 06/08/2011 - It's great to find ways to maximize savings, identify winning stocks and improve career prospects. But sometimes it is also important to consider the other side — how to avoid major mistakes that can cripple your financial future.

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Obama: No Fears Of Double-Dip Recession

Posted: 06/08/2011 - After a spate of discouraging economic reports, President Barack Obama insisted Tuesday he's not afraid of the country slipping into a double-dip recession.

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Majority Of Americans Fed Up With Poor Customer Service

Posted: 06/08/2011 - Americans are fed up with poor customer service, with 64 percent walking out of stores due to poor assistance and 67 percent hanging up on a call before their problems are even addressed, according to a new survey.

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For Jobless, Little US Help On Foreclosures

Posted: 06/05/2011 - The Obama administration’s main program to keep distressed homeowners from falling into foreclosure has been aimed at those who took out subprime loans or other risky mortgages during the heady days of the housing boom.

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Home Prices Hit Five-Year Low

Posted: 05/31/2011 - A record number of foreclosures are forcing home prices down, and they are expected to keep falling through this year.

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