November 16, 2012 An audit found that the agency is on pace to run out of money by September. The Obama administration, however, announced a series of steps to increase revenue.
November 16, 2012 A program that backed lots of mortgages during the housing bust may soon need taxpayer money to make good on its promises.
November 16, 2012 As members of the House and Senate head to Capitol Hill for the final weeks of this Congress, perhaps they will bring the "Spirit of 2010" with them. Despite partisan bickering, the lame-duck session two years ago got big things done. Then again, those lawmakers weren't being asked to avert a fiscal cliff.
November 15, 2012 Eurostat, the European Union's statistical agency, said Thursday that the bloc contracted 0.1 percent in the third quarter; it shrank 0.2 percent in the second quarter. The eurozone was last in recession in 2009.
November 15, 2012 The storm threw some people onto unemployment rolls and shut down some state offices the previous week — meaning some laid-off workers couldn't file their claims until last week.
November 14, 2012 Most lenders require borrowers to wait seven years before securing a new mortgage after losing a home to foreclosure. But in the wake of the housing crisis, millions of families have a recent foreclosure on their record — and some are finding ways to buy a new home in as few as three years.
November 13, 2012 The alternative minimum tax is looming over about 27 million more taxpayers this year. It's just one part of the so-called fiscal cliff — a big cluster of automatic spending cuts and tax hikes that will occur if Congress does not act. Those taxpayers could end up paying an average of $3,700 more without a fix.