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Big Banks Get Ready For White House Stress Tests

Posted: 02/25/2009 - The Obama administration is getting ready to conduct "stress tests" on the nation's biggest banks to judge whether they can hold up if the recession were to worsen.

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Travel Habits Changing Due To Recession

Posted: 02/24/2009 - Travel agents say they haven't seen a decline in people traveling, instead they've seen changes in travelers habits such as people booking at the last minute, only two to three weeks in advance.

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Moving Nation From Sick Care Toward Wellness Care

Posted: 02/24/2009 - Popping a pill can cut your cholesterol. But did the doctor also prescribe cutting the stress that's eroding your immune system? Or teach you how to exercise without worsening painful joints?

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State Insurance Head Defends Higher Beach Plan Rates

Updated: 02/23/2009 - Insurance Commissioner Wayne Goodwin said Monday that lawmakers could upset the balance between competition and the need to beef up the state-sanctioned beach insurance plan.

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Obama To Convene Fiscal Summit At White House

Posted: 02/23/2009 - President Barack Obama is bringing together dozens of advisers and adversaries to discuss how to curb a burgeoning federal deficit laden with Social Security, Medicare and Medicaid obligations.

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Europe Economy Summit

Updated: 04/27/2009 - German officials say European leaders gathered in Berlin have backed sweeping regulations for financial markets and hedge funds.

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Official: Obama Wants To Halve Budget Deficit

Posted: 02/22/2009 - Barack Obama wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest and streamlining government, an administration official said Saturday as the president worked to finalize his first budget request.

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Obama Nixes Plan To Tax Motorists On Mileage

Posted: 02/21/2009 - President Barack Obama on Friday rejected his transportation secretary's suggestion that the administration consider taxing motorists based on how many miles they drive instead of how much gasoline they buy.

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Smithfield, Union To Start NC Pork Plant Talks

Posted: 02/20/2009 - The North Carolina company that owns the world's largest pork processing plant will negotiate with a workers union this week for the first time since the plant opened in 1992.

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Subpoenas Over Bank Exec Bonuses

Posted: 02/20/2009 - Find out why Charlotte-based Bank of America Chief Executive Ken Lewis has received a subpoena.

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GM Unit Saab Files For Protection From Creditors

Posted: 02/20/2009 - General Motors Corp.'s Swedish-based subsidiary Saab filed for bankruptcy protection Friday so it can be spun off or sold by its struggling U.S. parent, officials said

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Jobless Hit With Bank Fees On Benefits

Posted: 02/20/2009 - For hundreds of thousands of workers losing their jobs during the recession, there's a new twist to their financial pain: Even as they're collecting unemployment benefits, they're paying bank fees just to get access to their money.

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Burr Says Solving Housing Crisis Key To Financial Woes

Updated: 02/19/2009 - U.S. Senator Richard Burr says turning America's economy around centers on attacking the housing crisis head on by stopping foreclosures, making low interest mortgage loans available and giving cash incentives to home buyers.

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Real Estate Moving In Jacksonville

Updated: 02/19/2009 - With all of the bad news when it comes to the economy, one area in eastern Carolina actually seems to be thriving.

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