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President: Debt Ceiling Fight Threatens SS Checks

Posted: 01/14/2013 - President Barack Obama says Congress' failure to raise the government's borrowing authority would delay payments of benefits to veterans and Social Security recipients.

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10 Banks Agree To Pay $8.5 Billion For Foreclosure Abuse

Updated: 01/07/2013 - Ten major banks and mortgage companies have agreed to pay $8.5 billion to settle complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

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Oil Price Jumps As US Averts 'Fiscal Cliff'

Updated: 01/02/2013 - The price of oil jumped by over a dollar on Wednesday, to above $93 a barrel, after U.S. lawmakers passed legislation to avoid a "fiscal cliff" that could have pushed the world's biggest economy into recession.

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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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Retailers To Recall 150,000-Plus Baby Recliners

Posted: 12/27/2012 - Four national retailers have agreed to recall more than 150,000 Nap Nanny baby recliners after at least five infant deaths and dozens of reports of children nearly falling out of the recliners.

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Opaque Instagram Ad Policy Change Riles Users

Posted: 12/18/2012 - Instagram, the popular photo-sharing service that Facebook bought this year, is the target of a storm of outrage on Twitter and other sites after a change in its user agreement hinted that it might use shared photos in ads.

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Stock Market Is A Wild Card In Fiscal Cliff Talks

Updated: 03/17/2013 - Congress and the White House can significantly soften the initial impact of the "fiscal cliff" even if they fail to reach a compromise by Dec. 31. One thing they cannot control, however, is the financial markets' reaction, which possibly could be a panicky sell-off that triggers economic reversals worldwide.

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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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