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New jobless claims rise unexpectedly to 576K

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 credit card rules may reveal unwelcome details

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.

Banks added 10,000 branches in boom

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

Your Money Really Matters: What is 'The Good Life'?

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.

House auction an opportunity to stabilize local communities

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.

AP IMPACT: For-profit colleges boost lending

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.

Atlantic City wants $20M a year to promote itself

ATLANTIC CITY, N.J. — Many Americans know that "What happens in Vegas stays in Vegas."

EBay, GM to start car-selling trial Tuesday

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.

Long lines of clunkers await deaths at scrap yards

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.

Cash-for-Clunkers boosts July US auto sales

DETROIT – Lured by the government's cash-for-clunkers campaign, car and truck buyers started returning to showrooms last month, as Ford Motor Co. reported its first U.S. sales increase in nearly two years and other major automakers said sales showed
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