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Updated: 16 hours 40 min ago

Consumer Agency Orders Capital One to Pay $165 million

Wed, 07/18/2012 - 12:45pm
Capital One Financial Corp's Capital One Bank will pay $165 million to resolve charges by the U.S. Consumer Financial Protection Bureau that it misled consumers into paying for extra credit card products.

Geithner: Growth Too Slow, but on Right Track

Wed, 07/18/2012 - 11:25am
Treasury Secretary Timothy Geithner said the economy is "definitely slower," but defended the Obama administration's actions.

Fear Not, a Lame Duck Fix Could Squish the Fiscal Cliff

Wed, 07/18/2012 - 11:25am
Jason Pride, director of investment strategy at Glenmede, says the implications of doing nothing are well-known and simply too big to ignore.

States Grapple With Fiscal Budget Crises

Wed, 07/18/2012 - 11:25am
The 50 states, which are supposed to be laboratories of democracy, may also be functioning as 50 laboratories for fiscal crises down the road.

Is it Time for Bernanke to Level With the American Public?

Wed, 07/18/2012 - 9:55am
Peter Schiff, president of Euro Pacific Capital, says those of you looking to learn what's happening in the U.S. are better off paying attention to almost anything other than Fed Chairman's Congressional testimony.

50% of Americans Believe Wealthy Lifestyle Is Unattainable

Wed, 07/18/2012 - 9:55am
A poll commissioned by The Hill publication found that 47% of likely voters believe becoming wealthy in their lifetime is impossible.

Some Firms Opt to Bring Manufacturing Back to U.S.

Wed, 07/18/2012 - 9:55am
Among the main reasons cited for reshoring: a desire to get products to market faster and respond rapidly to customer orders.

Temp Work Demand Rises as Companies Avoid Commitments

Wed, 07/18/2012 - 9:55am
A growing number of businesses are turning to staffing companies for temporary workers, reflecting employer concern about the U.S. economic outlook.

Builders Start Most New Homes Since 2008

Wed, 07/18/2012 - 9:55am
U.S. builders broke ground on the most new homes and apartments in nearly four years last month, driven by a jump in single-family home construction.

Greek Leaders Push Back Decision on Austerity Cuts

Wed, 07/18/2012 - 9:55am
Greek coalition leaders agreed to meet next week to hammer out almost 12 billion euros worth of austerity cuts demanded by the near-bankrupt country's lenders.

Bank of America Swings to a Profit

Wed, 07/18/2012 - 9:55am
Bank of America says it swung to a profit in the second quarter and beat Wall Street expectations.

Chinese Companies See Profits Plunge Amid Slowdown

Wed, 07/18/2012 - 9:55am
Some of China's biggest companies, from tech giants to airlines and retailers, are warning of unexpectedly sharp drops in profit of up to 80%.

Loan Defaults Drain $37 Billion From 401(k)s

Wed, 07/18/2012 - 9:55am
A large number of Americans are borrowing against their 401(k)s and having a hard time paying the loans back.

Student Debt Hits The Middle-Aged

Wed, 07/18/2012 - 6:40am
Student debt is rising sharply among all age groups, but middle-aged Americans appear to be struggling the most with payments.

Credit-Card Pact no Deal for Consumers

Wed, 07/18/2012 - 6:40am
The $7 billion settlement between Visa, MasterCard, some large banks and retailers sends a strong message to consumers: Buck up and plan on paying for the privilege of using a credit card.

Oil Declines From Seven-Week High on Outlook for China, Europe

Wed, 07/18/2012 - 6:40am
Oil fell from a seven-week high in New York on concern that fuel demand may falter after China signaled risks to its economy.

Japanese, Korean Banks Face Scrutiny Over Interest Rates

Wed, 07/18/2012 - 6:40am
Japan's banking lobby said it may review lenders' interest-rate submissions and South Korean regulators started a probe into possible collusion in money markets.

Chinese Home Prices Flat in June

Wed, 07/18/2012 - 6:40am
China's broadest gauge of home prices showed average prices were unchanged in June from May, ending eight successive months of declines.

Corn May Rally to Record $8.50 as Drought Deepens

Wed, 07/18/2012 - 6:40am
Corn may rally to a record $8.50 a bushel as the worst U.S. drought in a generation cuts production in the world's biggest exporter.

Visa, MC still face hurdles in China after WTO ruling

Wed, 07/18/2012 - 3:25am
U.S. bank card suppliers looking to take on China UnionPay in its home market after the WTO ruled Beijing illegally favors the state-owned network will be battling a deeply entrenched incumbent with 2.5 ...