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On Tuesday, House Speaker John Boehner all but promised an ugly fight over the debt ceiling this year unless GOP demands for spending cuts are met.
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Still lucky enough to have a job? You're likely doing the work of two or three people, working longer hours and not getting any extra pay.
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Last year it seemed as if the proud wine growers of Bordeaux might actually have to share the financial pain the rest of us were going through. After a wet summer with little sunshine, even the Bordelais -- who like to think their reds are the global benchmark for quality -- were conceding that the 2008 vintage might not be one for the history books. Everyone else hoped that after an overpriced 2007 vintage, Bordeaux prices, which have been mounting steadily over recent vintages, might descend from the stratosphere, aided by weaker global demand.
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When it comes to raising capital in the current economic environment, being married to a Google co-founder has its advantages.
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Every state has committed at least half its highway stimulus funds so none will lose any of its allocation, the Obama administration said Thursday.
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If General Motors goes into bankruptcy, many of its most iconic brands, such as Buick and Pontiac, might not survive.
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Thai Prime Minister Abhisit Vejjajiva announced a state of emergency Sunday in the capital city, Bangkok, and surrounding areas in an attempt to tamp down days of intensifying anti-government protests.
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When Ponzi scheme mastermind Bernard Madoff is sentenced on Monday, he'll be sent to a real prison with real bars and violent offenders, not a "country club" for white collar crooks, consultants say.
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