WASHINGTON — Federal Reserve Chairman Ben Bernanke on Tuesday fended off congressional skepticism about expanding the Fed's duties to police big financial companies given the U.S. central bank's failure to catch problems that led to the financial cr
CHARLOTTE, N.C.— JPMorgan Chase & Co. posted a 36 percent jump in second quarter profit that easily surpassed analysts' expectations as strength in investment banking offset a jump in credit losses.
SPRINGFIELD, Ill.— Facing a massive deficit and an array of unpleasant choices, Illinois officials decided Wednesday to keep state government running with a budget built around borrowing billions of dollars and letting unpaid bills climb to record l
Many Black entrepreneurs said they plan to attend the 8th Annual Small Business Expo Friday to network with potential clients and strengthen their business skills.
WASHINGTON–Unemployment is rising. Nest eggs are in tatters. Home values have tanked. And yet surprisingly, Americans are feeling less stress from debt these days.
In Cuomo v. Clearing House Association, the U.S. Supreme Court has confirmed that America's fair lending laws should be vigorously enforced by all levels of government.
DETROIT — The new General Motors will be faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as a leaner version of the automaker emerged f
NEW YORK— Investors are cautiously moving back into stocks after being reassured by better earnings from Alcoa Inc. and a decline in claims for jobless benefits.