A couple of the biggest banks in the United States have admitted that they were wrong to foreclose on 700-plus military families, at a time when the soldiers were actively serving in war zones.
One of Bill Cosby's best-loved routines is "Tonsils."
The world's corporate giants are throwing their weight behind gay marriage by signing a brief to the Supreme Court that equal rights for gays under the law is good for big business.
The Senate Finance Committee on Tuesday approved Jack Lew as the nation’s next secretary of the Treasury amid a bruising confirmation process that delved into his years as a Wall Street executive and a million-dollar payout he received from a bailed-out bank.
Not so long ago, having offshore investments was a bad thing. Throughout the 2012 campaign, Barack Obama pummeled Mitt Romney for his successful career at Bain Capital. He was derided as an outsourcer, a shipper of jobs to Mexico and a tax dodger with tax shelters in the Cayman Islands.
Oracle will buy Acme Packet Inc., which makes equipment for telecommunications companies, for about $2.1 billion.
Stocks advanced Thursday morning, pushing the Standard and Poor's 500 to another five-year high, after strong reports on housing starts and unemployment claims made investors more optimistic about the U.S. economy.
Consumer advocates have complained that the nation's mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeowners after the collapse of the housing bubble.
President Obama underwent a fitness test at a Pentagon health clinic over the weekend as part of a periodic medical exam coordinated by his doctor.
