President Barack Obama said the government will expand job-training and apprenticeship programs with a $600 million effort to equip workers with the skills sought by employers.
Read More »Legal team exodus at mortgage firm said to prompt U.S. review
As the rest of the housing industry recovers, a little-known firm with a key role in U.S. mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and the departures of senior employees.
Read More »Lawyers in Senate deride insurance, liability bills
The Missouri Senate on Wednesday debated one bill that would change insurance rules and another that would alter joint and several liability.
Read More »Report: Tax havens leave filers thousand-dollar tab each
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.
Read More »U.S. failed to investigate GM even as defect data abounded
U.S. regulators looking into General Motors Co.’s Chevrolet Cobalt noticed a surprising statistic: warranty claims over the car’s air bags were four times higher than for competing vehicles.
Tagged with: General Motors
Read More »Critics say Fannie isn’t doing enough to help individuals compete with investors
Fannie Mae is selling more of its foreclosed properties to investors as prices rise, limiting homebuyers’ access to cheap housing.
Tagged with: Fannie Mae
Read More »Foreclosures jump slightly from February to March
Foreclosures have decreased from one year ago, but jumped slightly from February to March 2014.
Tagged with: foreclosures
Read More »Home price levels edge closer to normal nationwide
Home price levels are edging their way back to normal, according to a new housing report.
Read More »Wealthiest pay bigger bills with scant U.S. economic harm
As the political fight over raising taxes for high-income Americans fades away, so are predictions for negative economic fallout.
Read More »BofA sets $783M accord to end U.S. consumer card dispute
Bank of America Corp. agreed to a $783 million accord over U.S. allegations it deceived customers in the sales of credit-card debt cancellation and theft-protection insurance.
Tagged with: Bank of America
Read More »Democrats urge Obama to decide on Keystone XL pipeline by May 31
A group of 11 Senate Democrats, including Sen. C laire McCaskill, urged President Barack Obama to make a decision on the Keystone XL pipeline by May 31.
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