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An improving job market drove U.S. consumer confidence higher this month after a dip in February, a promising sign for the economy as it heads into spring.
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Read More »Democrats seek relief from health law penalties
The official sign-up season for President Barack Obama's health care law may be over, but leading congressional Democrats say millions of Americans facing new tax penalties deserve a second chance.
Tagged with: democrats health insurance obamacare united states
Read More »Federal Reserve paid government record $98.7 billion in 2014
The Federal Reserve says it paid the federal government a record $98.7 billion in 2014, a payment that reflects the central bank's earnings from holdings of Treasury bonds and mortgage-backed securities purchased to keep long-term interest rates low to boost the economy.
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Read More »U.S. construction spending slips 0.3 pct. in November
A sharp slowdown in government-built schools and infrastructure caused U.S. construction spending to fall slightly in November.
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Read More »Jonathan Bernstein: Ben Carson another Bachmann?
No one knows how the rabble-rousing Republican presidential candidate Ben Carson will do in the Iowa caucuses and early primary states.
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Read More »Average U.S. 30-year mortgage edges up slightly
Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week.
Tagged with: mortgage rates real estate news united states
Read More »Applications for U.S. jobless aid fall to 7-week low
The number of Americans applying for unemployment benefits has reached its lowest level in seven weeks, a sign that the U.S. economy and job market are steadily improving.
Tagged with: jobs Unemployment united states
Read More »For Cuban-Americans in Maryland, a rediscovered connection
Members of Maryland’s Cuban-American community have tenuous ties with their home country, thin if not severed. President Obama may have just changed that.
Tagged with: cuba restaurant united states
Read More »U.S. home construction drops 1.6 percent in November
Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes.
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Read More »Holder: U.S. must bridge trust gap between police, residents
The U.S. must work to narrow the gap between law enforcement and some black communities as the nation grapples with fatal incidents involving police officers and unarmed victims, said U.S. Attorney General Eric Holder.
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