News and Finance

The mortgage meltdown has ravaged the finances of a crucial government agency tasked with propping up the housing industry.
The Federal Housing Administration’s reserve fund […]

Stocks ended higher Wednesday, with the Dow industrials finishing at a 13-month high for third straight day, after investor optimism rose on the expectation […]

A far-reaching Senate proposal to overhaul the financial system would create three new agencies, while wiping out existing ones, to monitor risky bank practices […]

U.S. consumer confidence edged only slightly lower in November after a sharp drop in October, indicating that the upcoming holiday shopping season could see […]

Advanta Corp, a small business credit card lender, on Sunday said it filed for bankruptcy protection after the economic crisis over the last two […]

The Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to […]

The U.S. services sector, which represents about 80 percent of U.S. economic activity, grew for the second consecutive month in October, while the labor […]

U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red […]