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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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A divided federal oversight panel on Tuesday gave the government a less-than-glowing report card for its handling of the $700 billion bank bailout.
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Stocks rallied Friday after a government report showed that employers cut fewer jobs than expected last month and the long-awaited release of the bank stress test results took away some uncertainty.
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With little on the docket to challenge investor optimism, the defiantly bullish stock market is looking to extend its staggering run in the week ahead.
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The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday, with a total figure that was below analysts' expectations.
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Drivers took advantage of lower gas prices in April, with the number of miles driven increasing for the first time in 18 months, according to a report released Friday.
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There's plenty of economic pain to go around these days because of the recession. Now there's this: Gas prices have surged nearly 9% over the past two weeks.
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The credit card business has grown so wretched that one major issuer is clipping its customers' cards and giving its investors a haircut.
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Two federal agencies warned consumers Friday not to eat raw Nestle Toll House refrigerated cookie dough.
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In another sign the company is preparing for a possible bankruptcy filing within the next two weeks, General Motors has agreed to speed up payments to 1,500 suppliers who provide it with the parts it needs to make cars in North America.
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