Record-low interest rates on mortgages are one outcome of debt-ceiling deal. But they are just one piece of recovery for the housing market, which is beset by falling prices and high jobless rates.
Blacks and Latinos were hit hard by the Great Recession, and governments are cutting social programs. Can private giving step in? Two billionaires are showing how.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - Congress has reached a bipartisan compromise to end the partial shutdown of the Federal Aviation Administration that has left 74,000 transportation and construction workers idled, Senate Majority Leader Harry Reid said Thursday.
AP - Virginia Tech was locked down for several hours Thursday after three children attending a summer camp said they saw a man holding what looked like a gun on the campus where a 2007 massacre left 33 people dead.
A bipartisan agreement will allow furloughed FAA and construction workers to return to jobs, Sen. Harry Reid says. Other issues remain unresolved, he said.
Court resumes Thursday in the sexual assault trial of Warren Jeffs, with the polygamous sect leader -- who is representing himself -- continuing his questioning of his first witness.