The U.S. economy grew at an annual rate of 1.9 percent in the first three months of the year, slower than first estimated.

A public interest group says as many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to access students' financial aid money.

President Barack Obama has signed legislation that renews the charter of the Export-Import Bank for three years and increases the bank’s lending cap to $140 billion from the current $100 billion.

The price of oil is headed for its biggest monthly decline since December 2008.

Sprint says it will shut down the Nextel network as early as June 30 next year, cutting off service for its characteristic walkie-talkie-like Nextel phones.

The initial public offering of stock priced at $38.

Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is latest evidence of a slow recovery taking shape in the troubled housing market.

The average U.S. rate for the 30-year fixed mortgage fell to a record low for a fourth straight week. Cheap mortgages have helped boost home sales modestly this year.

The Labor Department says weekly unemployment benefit applications dipped by 2,000 to a seasonally adjusted 370,000.

The company, which is based in Palo Alto, Calif., expects to save as much as $3.5 billion annually from the job cuts and other austerity measures.

Oil prices dropped near their lows for the year following warnings of a "severe recession" in Europe and an apparent easing of tensions over Iran's nuclear program.

Accor says it has agreed to sell Motel 6 and another North American economy hotel brand to an affiliate of The Blackstone Group for $1.9 billion.

Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss.

The National Association of Realtors says home sales rose 3.4 percent last month to a seasonally adjusted annual rate of 4.62 million.

Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.

Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.

While businesses bemoan the cost of regulations, a new study suggests that enforcing workplace health and safety rules can save lives without sapping a company's bottom line.

Facebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday.

The nearly bankrupt U.S. Postal Service is moving ahead with plans to close dozens of mail processing centers, saying it can no longer wait for Congress to decide how to cut postal costs.

The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market.

Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week.

The competition to create jobs in a recovering economy is causing states to waive hundreds of millions of tax dollars as incentives for businesses.

Maybe the U.S. economy's strength this winter wasn't just weather-related after all.

FBI Director Robert Mueller says the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.

The CEO of JPMorgan Case has survived an effort by shareholders to strip him of the title of board chairman.