JACKSON, Wyo. — Federal Reserve Chairman Ben Bernanke declared Friday that the U.S. economy is on the verge of a long-awaited recovery after enduring a brutal recession and the worst financial crisis since the Great Depression.
WASHINGTON — The number of first-time claims for unemployment benefits rose unexpectedly for the second straight week, a sign that jobs remain scarce even as other data show the U.S. economy is stabilizing.
NEW YORK — The rules your credit card company operates by will start getting much clearer on Thursday. But just because you'll know what they're up to doesn't mean you're going to like what you learn.
DALLAS – Banks expanded at a breathtaking pace over the past five years, adding more than 10,000 full-service branches, but barely 1 in 10 were in inner-city, minority neighborhoods, another sign the financial spending spree skipped over substantial
In the early 1960s, crooner Tony Bennett popularized a song called The Good Life. It is a very harmonious ballad, but after researching the lyrics, I did not get any help in defining the good life.
In the past, I've shared with Defender readers my concerns over the long-term negative economic impact the mortgage crisis could have on African-Americans through Chicago Urban League President Cheryle Jackson's column.
Some of the nation's biggest for-profit colleges and vocational schools are boosting enrollment in tough times by making more loans directly to cash-strapped students, knowing full well many of them probably won't be able to repay what they borrowed.
SAN FRANCISCO—Hundreds of General Motors' California dealers will let consumers haggle over the prices of new cars and trucks through the eBay online marketplace under a trial that begins Tuesday.
SOUTH HOLLAND, Ill. — They were waiting down at Gibson Chevrolet near Chicago for a couple of five-gallon cans of sodium silicate — liquid glass, they call it — to poison and kill the clunkers when the latest condemned car pulled up.
