May existing home sales rise less than expected
ales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. Read more
June 25, 2009
June 24, 2009
Investigators seek why automated train didn't stop
A transit operator on the job about three months in the nation's capital had just started her shift and took over an older train that federal safety officials had warned years earlier should be replaced. Read more
May 16, 2009
GM, Chrysler to drop 1,900 dealers by end of 2010
A decision by troubled automaker General Motors to drop 20 percent of its dealers is due in part to an oversized network that created stiff internal competition and gave shoppers too much leverage to talk down sticker prices, hurting chances for future sales. Read more
April 22, 2009
Report links CIA to military harsh interrogations
The brutal treatment of terror detainees and prisoners by members of the military followed directly from the CIA's use of harsh interrogation techniques, according to a Senate report that is likely to add fuel to the debate over the United States' use of torture. Read more
April 15, 2009
Obama's economic update a hedge to good news
President Barack Obama is proclaiming signs of economic progress but warning Americans that "by no means are we out of the woods." Read more
March 30, 2009
Police: NC nursing home shooting kills at least 6
The gunman was also injured before he was apprehended by police after the 10 a.m. shooting at Pinelake Health and Rehab in the town of Carthage, Police Chief Chris McKenzie told several television stations. A police officer was also hurt. Read moreA gunman opened fire at a North Carolina nursing home Sunday morning, killing at least six people and wounding several others, police said.
March 26, 2009
Treasury's bank rescue plan to be announced Monday
There's confirmation that the Treasury Department will announce on Monday its plan for dealing with banks' bad assets. Read more / Watch video
March 20, 2009
President Barack Obama on ‘The Tonight Show with Jay Leno’
President Barack Obama says his embattled treasury chief, Timothy Geithner, is doing an "outstanding job." Read more
March 19, 2009
Fed to buy up to $300B long-term Treasury bonds
The Federal Reserve says it will start buying long-term government bonds, opening a new front in its battle to lift the country out of recession.
The Fed says it will buy up to $300 billion in long-term Treasury securities over the next six months. Read more