The federal government has committed at least $8-billion (and counting) for the development of a nationwide high-speed intercity passenger railway system in almost three-dozen states. Rail advocates have long dreamed of an extensive railway grid that will provide clean, speedy, energy-efficient travel.
Mortgage applications leaped last week as rock-bottom rates lifted demand for home refinancing loans to its highest level in 15 months, the Mortgage Bankers Association said on Wednesday.
The U.S. government's role in housing finance should undergo fundamental change, but it should still provide some guarantees in the mortgage market, Treasury Secretary Timothy Geithner said on Tuesday.
Suze Orman speaks to IBTimes about the current economic situation for Americans and gives advice to people with underwater mortgages and seniors living on fixed income.
Florida Attorney General Bill McCollum said on Tuesday he is suing the world's biggest makers of liquid crystal display screens for engaging in a conspiracy at the highest level to fix prices.
As many as 50,000 struggling homeowners in five U.S. states with high unemployment may receive help from a special $600 million federal fund intended to head off foreclosures.
Some BP gas station owners in the United States want to drop the BP name and return to the Amoco brand to recover business hit by public anger over the Gulf of Mexico oil spill disaster.
Jesup & Lamont Inc, a 133-year-old brokerage, filed for Chapter 11 bankruptcy on Friday in Manhattan, a month after it was shut down by regulators for failing to have enough capital.
Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.
Consumers report the primary obstacle in selling unwanted gold jewelry is confusion about their gold's true value. Lack of knowledge about the weight of their gold and strange terms like pennyweights (dwt), grams and troy ounces, confuse and intimidate many potential gold sellers.
U.S. bank failures reached 103 so far in 2010 on Friday as regulators seized seven small banks, a faster pace of closures than last year when the century mark was not reached until October.
Oil prices slipped back from an 11-week high above $79 on Friday, falling on uncertainty over European bank stress test results even as companies began shutting in Gulf of Mexico production ahead of a tropical storm.
The dollar's strength against the euro and a basket of currencies .DXY also added pressure.
Crude drifted lower after hitting a three-month high near $80 on Friday, supported by a storm threat to U.S. Gulf oil installations but pressured by uncertainty over the result of bank stress tests in Europe.
By 0943 GMT (5:43 a.m. EDT), U.S. crude for September was trading 26 cents lower at $79.04 a barrel. ICE Brent crude futures were 28 cents down at $77.54.
An e-mail scam featuring someone purporting to be BP Plc's Chief Executive Tony Hayward is targeting victims of the company's massive Gulf of Mexico oil spill, Florida's attorney general said on Thursday.
A U.S. judge on Wednesday released former media baron Conrad Black from prison on $2 million bond, while she decides whether to throw out his 2007 conviction for defrauding shareholders.
A U.S. judge on Wednesday released former media baron Conrad Black from prison on $2 million bond, while she decides whether to throw out his 2007 conviction for defrauding shareholders.
Melanoma is on the rise among certain groups of dark-skinned Floridians, new research shows.
Convicted former media mogul Conrad Black will be released from prison on bond pending the outcome of his appeal, following a favorable U.S. Supreme Court decision on a law used to convict him, an appeals court ruled.
Bank of New York Mellon Wealth Management wants to expand more U.S. and overseas markets through a stream of new hires and takeovers, Chief Executive Lawrence Hughes told Reuters on Wednesday.
Banks in Florida are requesting that U.S. federal regulators exempt them from mandatory higher capital requirements because they are struggling to cope with the BP oil spill, the Wall Street Journal said.
U.S. railroad CSX Corp said on Monday that its profit rose 36 percent in the second quarter, beating analysts' expectations, as volume improved across the varied markets the company serves.
A Manhattan federal judge on Monday rejected Citigroup Inc's bid to dismiss a class-action lawsuit by bondholders who said the bank misled them about its exposure to toxic mortgages.
