WASHINGTON Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped homeowners avoid forecl
WASHINGTON–The nation’s unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, far worse than economists expected and stark proof the economy is deteriorating at an alarmingly rapid pace.
In today’s economy, most business owners are thinking about survival. However, many successful entrepreneurs will point to previous economic downturns as the launching pad for explosive growth of their business.
A Black-owned business built from a homemade recipe now has all of its products available to the public after expanding its distribution agreement with major grocery store chain. New dessert items from ComfortCake LLC, a Chicagobased dessert company, is n
NEW YORK — Wall Street prefers Republicans, McCain supporters argue. But stocks have done better under Democratic presidents, Obama supporters fire back.
WASHINGTON Beaten down and watching their wealth shrink, Americans are burrowing ever deeper -- cutting back on spending and spelling more trouble for the sinking economy.
WASHINGTON–As the list of ailing companies seeking government help grows, it is anybody's guess where the Treasury Department's largesse will stop. The $700 billion bailout bill is so vague that virtually any U.S. company could be eligible for gover
WASHINGTON–The government has cleared the way to ship out $125 billion this week to the country's largest banks, beginning the biggest government bailout in history. "The money will go out the door for those institutions early this week," predicts A
