Andrew Lowenthal (left) receives his $50 gift card from Red Velvet Cupcakery employee Lauren Knight at the company's store in Washington, D.C. More than 2,000 customers purchased the cards for $25 through a deal with LivingSocial. Mito Habe-Evans/NPR hide caption

itoggle caption Mito Habe-Evans/NPR

Foreclosure activity was up in July, but the numbers were better than at this time last year. hide caption

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Atlantic City is taking a gamble that firing some of its city workers will shore up its deficit. Economists say cuts by state and local governments are creating a drag on the economy. Saul Loeb/AFP/Getty Images hide caption

itoggle caption Saul Loeb/AFP/Getty Images