December 2009 Headlines

What You Can Do if You Lose Your Job

President Barack Obama will address America's huge unemployment problem in a speech to Congress Tuesday.

U.S. Home Prices Continue Uneven Recovery

A new report shows home prices continue to see an uneven recovery for 2009.

Shoppers Spend a Bit More During Holidays

Retailers had a merry Christmas in 2009. Holiday shoppers spent more this year than last year, according to data released Monday.

Shoppers Return to Malls, Looking for Deals

Shoppers returned to malls Saturday, rummaging through thinly stocked shelves hunting for deals, next year's Christmas gifts and, for most, gifts for themselves.

Incomes, Spending Post Solid Gains in Nov.

The government report raises hopes that the recovery from the nation's deep recession might be gaining momentum.

Recovery Not as Strong as Previously Thought

The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought.

Economist: The U.S. Economy Will Thrive

One economist says that while the financial future may be hard to predict, it will ultimately be profitable over the long haul.

Forbes: Capitalism Will Save the U.S.

Massive spending by the Obama administration and corporate bailouts for companies have Americans questioning if the U.S. has outgrown capitalism.

Sending Teens to College During Tough Times

In these tough economic times, a lot of parents have lost money in their children's college savings funds, and have to think twice about sending their teens to college.

Citigroup Helps Struggling Homeowners for Holiday

Banking giant Citigroup is giving struggling home owners a temporary break for the holiday season.

GM to Discontinue Saab after Deal Collapses

General Motors Co. said Friday it will wind down Saab after talks to sell the brand to Dutch carmaker Spyker Cars collapsed.

Senate Panel Clears Bernanke Nomination

Fed Chairman Ben Bernanke's nomination to head the nation's central bank for another term was approved by the Senate Banking Committee Thursday in a 16-7 vote.

New Jobless Benefit Claims Rise Unexpectedly

The number of newly laid off workers filing claims for unemployment benefits unexpectedly rose last week.

Travel for the Holidays without Going into Debt

The Christmas season is a joyful time when most people enjoy traveling. But in these tough economic times, it can be a little difficult without going into debt.

Fed Expected to Leave Rates at Record Low

The big question is whether Chairman Ben Bernanke and his colleagues will hint about when they will reverse course and start boosting rates.

Experts: U.S. Gov't Must Craft Plan to Control Debt

Budget experts say the U.S. government will have to come up with a plan to get its ballooning debt under control or face a possible panic in financial markets.

Shoppers Remain Cautious Amid Steep Discounts

A new survey shows Christmas shoppers are remaining cautious, even in the face of steep discounts.

Five Big Lies about American Business

Many suspect big business is often led by corporate fat cats only seeking to line their own pockets with billions.  Author Michael Medved says those theories are wrong.

Bernanke Makes Case for Another Term

Bernanke is in the hot seat as he seeks another term as head of the Federal Reserve, which requires Senate approval.

Gold Price Continues to Soar

The precious yellow metal took another big jump Wednesday crossing $1,218 an ounce in international trading.

Gold Price Hits New High

Gold futures briefly crossed $1,200 an ounce in international trading on Tuesday.

Consumers 'Tweet' Their Way to Christmas Bargains

With social networking sites such as Facebook and Twitter great holiday bargains are now just a mouse click away.

Online Retailers Reap Profits on Cyber Monday

From discounted Ipods to cheaper GPS systems, retail web sites offered big deals to cash in on the wave of shopping that kicked off on Black Friday.