January 2010 Headlines

Economy Grows 5.7 Percent, Fastest Since '03

The economy grew for a second straight quarter from October through December, posting a better-than-expected 5.7 percent annual rate, the fastest quarterly pace since 2003.

World Stock Markets Gain After Obama Address

World stock markets recovered their poise Thursday after the U.S. Federal Reserve indicated that interest rates would not rise soon.

Ford Earns $2.7 Billion in 2009

Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.

Fed Holds Interest Rates at Record Low

The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an 'extended period.'

Apple Debuts Tablet Computer

After years of speculation, Apple Inc. is expected to launch its much anticipated computer tablet Wednesday.

New Home Sales Fall 7.6 pct in December

New home sales unexpectedly fell 7.6 percent last month, capping the industry's weakest year on record.

Understanding the Business of Real Estate

Real estate expert Barbara Corcoran knows all about the highs and lows of starting a new business.  Learn more about her success story and advice to others.

Apple Rockets to Most Profitable Quarter Ever

Apple Inc. posted its most profitable quarter yet after selling twice as many iPhones and 33 percent more computers than last year.

Texas Homes Evacuated as Hill Crumbles

Construction crews moved dirt to shore up a group of houses precariously perched on a crumbling hill in San Antonio on Monday.

Economic Survey: Slow Recovery Continues

Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey.

Initial Jobless Claims Unexpectedly Rise

The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.

Citigroup Loses $7.6B in 4Q as It Repays TARP

Citigroup says it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid its government bailout money.

Report: More Men Get Economic Boost from Marriage

Men are increasingly getting the biggest economic boost from tying the knot, according to a new analysis of census data.

Oil Stays Near $78 on Demand Doubts, Weak Dollar

Oil prices hovered around $78 a barrel Monday as traders weighed doubts about global oil demand against a weaker U.S. dollar.

Home Foreclosures Still on the Rise

Experts say the trend will continue as more people become unemployed and fall behind on their mortgage payments.

Bank Execs Defend Big Bonuses after Bailout

Top bank executives took a grilling Wednesday from a special commission investigating the financial collapse.

Americans Look Towards 'Giganomics' for Income

In today's tough economy, having numerous options to supply income is almost mandatory, and freelancing has become a safe bet for many Americans.

Banks Could Face Taxes for Taking Part in Bailout

Banks are notorious for charging fees, but now they may be on the other side paying fees themselves.

High Paying Gov't Jobs Could Stall Recovery

More than 8 million jobs have now been lost in the recession alone, but the pinch isn't hurting jobs in the federal government.

What to Expect from the 2010 Housing Market

Real estate expert Kendra Todd spoke to CBN News about what Americans can expect from the housing market this year.

Economy Loses 85K Jobs as Employers Stay Wary

The U.S. Labor Department reported Friday the economy lost more jobs than expected in December.

Want Tax Help? IRS Offers Busy Signal to 3 in 10

The IRS estimates that only 70 percent of the people who call its toll-free help line this tax season will get through to a human being - if the agency meets its service goal.

Fed: Jobless Rate to Stay above 9 Percent in '10

Many Americans that have been hit hard by the economic crisis are eager to put 2009 behind them.

Investors Hope for Strong Stock Market in 2010

With the stock market having climbed out of 12-year lows in 2009, investors are hoping for another strong year in the stock market.

Will Latest Jobs Bill Really Produce Jobs?

When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs.