October 11, 2012 The vice presidential debate is bound to feature lots of budget buzzwords. They may be shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.
October 11, 2012 RealtyTrac, a foreclosure tracking firm, says the foreclosure filings dropped significantly in September. But the report shows they have gone up in states that hadn't had problems until now.
October 11, 2012 Unless Congress acts, the Defense Department faces some $55 billion in cuts after the first of the year. Salaries for uniformed personnel are the one major thing that's protected. Otherwise, it's about a 10 percent cut to everything from Pentagon civilian staff to the acquisition of new aircraft.
October 10, 2012 For the first time, the Red Cross in Spain is looking to raise money so that it can get food to those who are suffering most because of the country's financial crisis. For decades, the organization has focused on helping starving people elsewhere.
October 10, 2012 The former General Electric CEO joined others in raising questions about Friday's report and whether it might have been skewed to boost the president's campaign. Obama administration officials have rejected such talk. But Welch is still asking questions.
October 9, 2012 International Monetary Fund economists also warn that things could get even worse if European leaders don't finally get the euro crisis under control and if U.S. lawmakers let the federal government go over its "fiscal cliff."
October 8, 2012 His plan calls for more spending on infrastructure, a tax cut for firms that hire new workers, aid to state and local governments, and a program to rebuild schools. An analyst who has studied it says the infrastructure part makes sense, but the rest is less potent.