May 2012 Headlines
Unscrupulous customers are selling their benefit cards and then asking the government for new ones. The scam is costing taxpayers millions.
New analysis by 'USA Today' shows the federal deficit is much higher than reported.
European leaders left Thursday's economic summit without a solution for sparking economic growth and restoring investor confidence. As a result, the euro hit a new 22-month low.
There's now concern that insiders may've had more information about Facebook's stock than the public.
The economy could be thrown into another recession if the Bush-era tax cuts expire or if a series of automatic spending cuts take place, according to a new government study.
Rasmussen Reports found that 51 percent predict the U.S. government will go bankrupt before elected officials take action to balance the budget.
The OECD called on governments and Europe's central bank Tuesday to act quickly to keep the slowdown from dragging down the global economy.
International economists are warning that Europe's economy is in dire straits, with some saying the situation is "a slow motion train wreck," that isn't going away.
Europe's financial crisis topped the agenda the G-8 summit this weekend. But the talks also shed light on the struggles to reduce America's debt.
Europe's fragile economy will top the agenda when eight of the world's most powerful leaders meet this weekend.
Friday is an historic day on Wall Street, the first day of trading shares of Facebook. But buyer beware: Initial public offerings of tech stocks don't always do well.
The head of a major Greek business organization is warning that Greece faces "catastrophe" after political leaders failed to agree on a new coalition government.
The House Financial Services subcommittee meets on Capitol Hill today to debate how best to regulate banks big enough to bring down the broader financial system.
Lawmakers will debate today how best to regulate banks big enough to bring down the broader financial system, in the wake of JPMorgan Chase's losses on risky bets.
The $2 billion trading loss at JPMorgan Chase could lead to stronger regulations of Wall Street banks.
Wall Street saw the Dow Jones industrial average fall to its lowest level since January, Monday. It's the eighth time in nine sessions The Dow lost ground.
French President-Elect Francois Hollande's vow to punish companies that fire employees to improve profits is being met with some skepticism.
Top executives involved in JPMorgan's trading debacle are expected to leave the bank this week, including Ina Drew, the highest paid woman on Wall Street.
J.P. Morgan Chase, the largest bank in the United States, lost a whopping $2 billion on risky investments, and is refueling debate over financial regulations.
USDA officials say corn production will reach a record 14.8 billion bushels this year, leading to a drop in the price of food.
Medicare paid billions of dollars to pharmacies with questionable billing patterns and possible criminal behavior, a new government report revealed Thursday.
Stocks closed down for the third day in a row Wednesday, but the U.S. economy is not to blame. The problem is Greece, where it's unclear whose is in charge.
Arthur Brooks warns the U.S. must choose between continuing down a path to European austerity - or renew our founding fathers' vision for a free, capitalist society.
Senate Republicans and Democrats are in a showdown over keeping student loan interest rates from doubling for 7.4 million students in July.
Investors are worried the political and economic situations in Greece and Spain will only deepen Europe's debt crisis.
The price of oil is continuing to fall, which could mean good news at the gas pump heading into the summer travel season.
French voters rejected President Nicolas Sarkozy and elected Francois Holland, the nation's first Socialist president in 17 years. The impact is already being felt worldwide.
Unemployment numbers are at a record high for 17 countries that use the euro. And there are concerns that Germany may fall into a recession.
In his latest book, author Zac Bissonnette breaks the mold of the stereotypical post-college graduate, urging young professionals to turn the tide on generational debt.