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Fewer U.S. Banks Failing As Industry Strengthens

Posted: 12/28/2012 - U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the 2008 financial crisis. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

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U.S. Jobless Aid Applications Fall To 5-Year Low

Posted: 12/27/2012 - The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing.

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Hobby Lobby Request To Block Health Law Denied

Posted: 12/21/2012 - A federal appeals court has denied Oklahoma City-based Hobby Lobby's request to block a portion of the federal health care law that requires the company provide insurance coverage for emergency contraception pills.

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GM To Buy Back 200M Government Shares

Posted: 12/19/2012 - General Motors will spend $5.5 billion to buy back 200 million shares of its stock from the federal government.

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Money Matters - December 19, 2012

Updated: 12/19/2012 - The year is rapidly coming to a close. That means it's time to sit ant the kitchen table and do a few things with an eye towards your taxes and retirement planning. Joe Udo From US news and World Report has some Suggestions

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Cerberus To Sell Stake In Bushmaster Gun Maker

Updated: 12/18/2012 - Private equity firm Cerberus Capital Management is planning to sell its stake in Freedom Group, maker of the Bushmaster rifle, following the Newtown, Conn., school shootings.

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HSBC To Pay $1.9 Billion To Settle Money-Laundering Case

Updated: 12/11/2012 - British bank HSBC has agreed to pay $1.9 billion to settle a New York based-probe in connection with the laundering of money from narcotics traffickers in Mexico, U.S. authorities announced Tuesday.

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Kansas Star Casino Revenue Exceeds Expectations

Posted: 12/10/2012 - Lottery officials say revenue from the Kansas Star Casino's first 10 months in operation has exceeded the revenue earned by the two other casinos in Kansas in about the same period.

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U.S. Futures Flap; Consumer Spending Dips

Posted: 11/30/2012 - U.S. stock futures are relatively flat after a government report showing that consumers cut back on spending last month with no growth in personal income.

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