July 2009 Headlines

Saving Your 'Green' By Going Green

Imagine if by throwing yourself into environmentalism, you could save tens of thousands of dollars a year and get a better relationship with God.

Did Predatory Lending Target Black Communities?

Foreclosure snap-shots are about the same in many predominately African-American neighborhoods in Baltimore. City leaders say it's not a coincidence, but an ugly consequence of racism.

Recession Eases; GDP Dip Smaller Than Expected

The economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows.

America's Tyrannical Multi-Trillion Dollar Debt

The American government is borrowing and spending so much, so fast, the federal debt level is almost unbelievable. One investment capital expert explains just how harmful trillions of dollars in debt can be.

Expert: Women Are Great Business Owners

Some would say it is not a good time to start a business, but many women are finding it may just be the perfect time to do so.

Is America's Recession Coming to an End?

Recent economic numbers point to some progress in home sales and other key areas, but is it enough to prove America is turning around from a recession?

Bernanke: 'Held His Nose' over Bailouts

Federal Reserve Chairman Ben Bernanke is again defending government bailouts of big financial companies.

Shopping Expert: Spend Smart and Look Good

Shopping expert Sehin Belew joined CBN News to offer tips on how to look good on a budget.

Geithner Defends Financial Reform on Capitol Hill

Geithner welcomed the debate with Federal Reserve Chairman Ben Bernanke as they squared off about who should be the nation's top consumer watchdog.

Minimum Wage Hike Could Threaten Jobs

A federal minimum wage increase could force small businesses to lay off the same workers that the pay hike was meant to help.

Churches Make Tough Decisions in Bad Economy

The Metropolitan Baptist Church is a popular church in the heart of the nation's capital. Now, this body of believers faces its own challenge: moving.

New Jobless Claims Rise to 554K, Total Rolls Fall

The number of newly laid-off workers seeking jobless benefits rose last week.

Bernanke Makes Case for Fed's Ability

Bernanke faced tougher questions on whether the Fed has the ability to take on even more responsibility to get the economy back on track.

Bank of America Posts 2Q Profit, Surpasses Street

Bank of America joined the nation's other big banks in reporting better than expected earnings.

Housing Construction Rises More Than Expected

Construction of new U.S. homes rose in June to the highest level in seven months.

Money Expert Dave Ramsey: Escaping College Debt

Ramsey's problem was real estate, but for today's kids, it starts in college. Visit any campus and you'll hear a similar story; too much debt.

Rising Unemployment Adding to Foreclosure Crisis

Relentlessly rising unemployment is triggering more home foreclosures.

Oil Slips But Stays Above $60 a Barrel

Oil prices slipped but stayed well above $60 a barrel Thursday after a more positive economic outlook from the U.S. central bank buoyed investor confidence.

Consumer Prices Jump 0.7 Percent in June

Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years.

Intel's PC Business on the Mend

Intel Corp.'s second-quarter results bolster the company's position that the computer business is on the mend.

June Retail Sales Rise More-Than-Expected 0.6 pct

Retail sales advanced in June by the largest amount in five months.

Federal Deficit Hits $1 Trillion

The federal deficit has reached a whopping $1 trillion for the first time ever and could grow to nearly $2 trillion by this Fall.

Critics Question Stimulus Spending

Millions of federal dollars meant to stimulate the economy have also been spent on signs posted at stimulus-funded construction sites across the nation.

Geithner Says Derivatives Blindsided the Gov't

Geithner said the ease with which derivatives were bought and sold encouraged financial institutions and investors to take on too much risk.

Warren Buffett: Second Stimulus Possible

Financial expert Warren Buffett said the economy is still not fully recovered and a second stimulus package may be needed.

Retailers Report Weak June Sales

Escalating job worries and rainy weather dampened shoppers' appetite for buying summer staples like shorts and dresses.

Financial Coach Gives Parents Tips for Summer

Now that school's out, a lot of worried parents are asking, "what do we do with the kids when we're on a budget?"

Mountain of Debt: Rising Debt May Be Next Crisis

The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.

Rough Economy Dampens Holiday Mood for Many

Millions of Americans would do without fireworks this weekend, if it meant they had a job to go to Monday.

Foreclosure Help to Reach More Homeowners

The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth.

Stocks Advance After Mixed Economic Data

The third quarter is starting on a positive note after a mixed bag of economic data.

Construction Spending Falls More than Expected

Construction spending fell more than expected in May, a sign the problems facing the nation's builders are far from over.