The recession has blown open discrepancies in wealth between white Americans and minorities, with Hispanics seeing the most precipitous decline in average household wealth, according to a Pew survey.
White families? net worth is 20 times greater than that of blacks and 18 times that of Hispanics.
So many Americans are so sick of political acrimony over raising the U.S. debt limit that it might seem unfathomable to have to do it all over again early next year. But that is exactly what the top U.S. Republican, John Boehner, is proposing for some practical political reasons.
Persistent economic woes are eroding President Barack Obama's support in his base of liberal and African-American voters, according to a new Washington Post/ABC News poll.
So many Americans are so sick of political acrimony over raising the U.S. debt limit that it might seem unfathomable to have to do it all over again early next year. But that is exactly what the top U.S. Republican, John Boehner, is proposing for some practical political reasons.
BlackRock's CEO Larry Fink urges President Obama and John Boehner to come to an agreement.
Sarah Palin is trending, whether it is glamor, charm or anything that gains grounds in today's world. But it will not undermine her candidacy for a presidential run in the United States, as long as her attitude and intent to work in the best interests of the people are kept intact.
A former Chicago commodities broker who disappeared in suspicious circumstances in 1979, possibly fleeing the mob, was found working in a Las Vegas casino and arrested on fraud charges, court documents said on Friday.
There's no way to sugarcoat it: the U.S. housing market remains a buyer's market. That said, are there ways home sellers can better-position their home for a sale amid such intense competition? Indeed there are, and here are five.
Borders Group has received approval from a bankruptcy judge.
Borders Group has received approval from a bankruptcy judge to commence with the liquidation of its assets yesterday. The sales are starting today.
Simply, Director George Lucas' tribute to his teen years in the car culture of 1960s Modesto, California is a masterpiece, and is easily worth its DVD price.
June's unemployment numbers showed unemployment increased in 28 states plus the District of Columbia. Nevada had the highest unemployment rate of all states in June, at 12.4 percent.
There are troubling signs of discontent and frustration among the poor and middle-class.
Borders Group has received approval from a bankruptcy judge to commence with the liquidation of its assets.
Borders is closing. But it's not all bad news. Buzz about liquidation sales is mounting.
Friends star, Jennifer Aniston has apparently decided to shed her girl-next door image for good as she dons a racy black number for the London Premiere of her new flick, Horrible Bosses.
In the poll, Mitt Romney still leads the Republican Party 2012 nomination race, but Bachmann has made significant gains.
A wave of Wisconsin recall elections beginning Tuesday will be closely watched as a gauge of the political climate and as a potential bellwether for 2012.
Borders is closing. But it's not all bad news. Buzz about liquidation sales are mounting.
If the Fed wades further into muddy stimulus waters, that will set the stage for a certain gold boom in the short to medium term. Historically, a dollar sell-off has been the biggest force behind a gold boom. If the Fed takes recourse to another round of easing in pursuit of its goal of propping up job creation and real growth, it will inadvertently cause a dollar sell-off and trigger, in turn, a gold super rally.
The setting is perfect for another gold boom cycle to kick in, perhaps pushing the yellow metal into a super cycle. There are several factors aiding gold's further push into higher price records, greater investment worth and long-term reign as a de facto currency. There are all sorts of classic factors supporting gold all the way, like the demand from China and India bursting at seams, continued worries for the US dollar and the worrisome prospect of sovereign default in some European countri...