Headline Articles

Zuckerberg: US Immigration Policies 'Unfit'

Facebook founder Marc Zuckerberg has officially launched a new political group aimed at upping American competitiveness through comprehensive immigration and education reform.


Japanese Shares Rise on Weaker Yen

Further monetary easing by the Bank of Japan sent the yen edging closer to 100 yen to the U.S. dollar, bumping stocks upward Thursday.


El Paso Economy Gets Lift From Mexico: Dallas Fed Chief

Dallas Fed Chief Executive Officer Richard Fisher also blamed Congress and the Obama administration for holding back the nation's economic progress by their inability to agree on a budget and tax policies.


Cyprus Bailout to Reach $30 Billion

Cyprus confirmed on Thursday that the size of its international bailout has ballooned to 23 billion euros ($30 billion) from 17.5 billion euros, with the country needing to come up with the lion's share of the money.


Cool Weather Puts a Chill on March Retail Sales

Shoppers during a chilly March gave retail sales a half-hearted push for the month, with spending weighed down by the bitter weather, sequestration worries, ongoing economic weakness and an earlier Easter that shaved off a full selling day.


Gold Stumbles From 2011 Peak

A long and lustrous climb in gold prices appears to be losing ground as the U.S. economic recovery becomes more firm, market analysts say.


President Obama Proposes 10-year Budget Blueprint

President Barack Obama unveiled a 10-year budget blueprint on Wednesday that would raise taxes on smokers, energy companies and most people who pay income taxes, while making major cuts in government aid to farmers and reducing the annual increases in Social Security checks.


FHA Could Need $943 Million Bailout

The Federal Housing Administration helped stabilize the market after the real estate bubble burst. Now the bill for taxpayers might be coming due.


Markets Extend Rally to 3rd Day

A three-day rally included widespread gains Wednesday in New York as 26 of 30 Dow stocks moved higher and the S&P gained 19.12 points.


Budget: HHS Gets Bumps, Medicare Gets Lumps

President Obama added nearly $4 billion in his proposed 2014 budget Wednesday to fund health care exchanges, food safety and expanded preschool, but called for $370 billion to be cut from Medicare over 10 years.


Pentagon Budget Takes Fire From All Sides

The Pentagon on Wednesday unveiled details of Obama's belated base defense budget for next fiscal year. Lawmakers on the left and right had savaged the document in advance, seeing it as little more than fantasy.


Moms Are 'Savers,' Dads 'Spenders,' Survey Says

A new MassMutual study found that Hispanic moms see themselves as "savers" and they are worried about household finances.


China Posts Trade Deficit of $884 Million

China, citing a jump in imports, Wednesday reported a March trade deficit of $884 million, a sharp turnaround from February's surplus of $15.25 billion.


Millions Eligible for Health Insurance Tax Credits

A new report provides county-specific breakdown of tax credit eligibility by income, age, race and ethnicity, and employment status for Californians.


Reid Plans Gun Vote for Thursday

Senate Majority Leader Harry Reid set the chamber on the path to its first major gun-control votes in a decade, beginning with a critical Thursday vote to break a GOP filibuster.


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