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Wall St. Has Recovered Much Faster Than the Economy

With U.S. markets falling Tuesday, mixed news from retailers provided enough of an uplift to put an early-morning hangover back to rights. Markets turned up at least enough to turn in a positive day. What a difference a year makes.

Biden Asks Recovery.gov to Fix Errors

U.S. Vice President Joe Biden has asked a government Web site to correct statistics indicating stimulus funds have gone to non-existent congressional districts.

Geithner: US Needs to Lead International Reforms

Treasury Secretary Timothy Geithner pressed Congress Tuesday to agree quickly on an overhaul of financial regulation that would allow the US to spur a wider international reform effort.

Markets Up Slightly Tuesday

U.S. markets pulled out of a morning slump to post positive numbers Tuesday, marking the fourth gain in the past five trading sessions.

Industrial Output Flat in October

U.S. industrial production rose 0.1 percent in October, following a gain of 0.7 percent in September, the Federal Reserve said Tuesday.

Signs that Economy is on the Mend

Recent evidence from the Detroit Three and the broader economy is making it difficult to deny that the U.S. economy -- even including Michigan -- is beginning to heal. That's despite the fact that many people remain out of work, housing prices are weak and foreclosures continue.

$5.1B in TARP Funds at Risk

Financial regulators say about $5.1 billion in Troubled Asset Relief Program funds are in the hands of banks that have failed or may fail soon.

Bernanke Sees Constrained Growth Ahead

U.S. Federal Reserve Chairman Ben Bernanke said the economic recovery was on solid enough ground to continue through 2010 with modest gains in employment.

U.S. Markets Finish Strong Monday

U.S. markets headed higher Monday as the Commerce Department said retail sales in October were stronger than expected.

New U.S. Hispanic Chamber of Commerce CEO to Fight for Small Businesses

Javier Palomarez says Hispanic-owned businesses have an unprecedented opportunity to be heard by the White House. But first, regional chambers must band together. The challenge might be easier said than done, given a few recent public squabbles.

Bernanke: U.S. on a Broad Recovery, but Job Losses too High

U.S. Federal Reserve Chairman Ben Bernanke was hopeful Monday that the country's economic recovery would continue beyond the "temporary factors" such as public spending that have driven growth in the last few months.

China and U.S. Energy Giants Team Up for 'Clean Coal'

Inside the Beltway, China is often cast as an environmental villain. Some lawmakers point to Beijing's skyrocketing greenhouse gas emissions as their main argument against any policy to cut U.S. carbon output. Others see China as a competitive threat, stealing both conventional and green jobs from American workers while already pulling ahead in the cleantech race. But a new dynamic is taking shape that may transform this perception.