Business
Business
-
BUSINESS
Gov't on pace for $1T deficit despite January dip
The federal deficit was lower through the first four months of the budget year than the same period last year. Still, the deficit is expected to top $1 trillion for the fourth year in a row, putting more pressure on Congress and President Barack Obama in an election year.
-
BUSINESS
Stocks fall sharply as Greek deal is held up
Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout.
-
BUSINESS
Bernanke: Weak housing has hurt consumer spending
Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years.
-
BUSINESS
Greek PM says default would lead to "chaos"
Greece's future in the eurozone grew increasingly precarious Friday as violence erupted on the streets of Athens and dissent grew among its lawmakers after European leaders demanded deeper spending cuts.
-
BUSINESS
Trade deficit widens to $48.8 billion in December
Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region's debt crisis will still weigh on the U.S. economy this year.
-
BUSINESS
$25B settlement reached over foreclosure abuses
A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.
-
BUSINESS
Republic Bancorp founder Bernard Trager dies at 83
Bernard Trager, the longtime chairman and founder of bank holding company Republic Bancorp Inc., has died. He was 83.
-
BUSINESS
Fishermen meet amid bleak cod prospects
Fishermen and federal officials grappled Friday with the increasingly bleak prospect of finding some way for the historic New England industry to avoid collapse amid troubles with the health of Gulf of Maine cod.
-
BUSINESS
Bank failures in Ill, Ind bring 2012 total to 9
Regulators on Friday closed small banks in Illinois and Indiana, increasing to nine the number of U.S. bank failures this year, a slower pace than in 2011, when there were 92 bank closures.
-
BUSINESS
MF Global trustee sees shortfall of $1.6 billion
The trustee overseeing MF Global's liquidation said Friday that the shortfall between the funds under his control and the amount customers of the failed brokerage are expected to claim is at least $1.6 billion.








