- Air Force cadets ‘revolt’ after officials remove biblical verse from whiteboard
- Rep. Lee: Paul Ryan out of touch with urban Americans
- House votes down resolution to force Issa to apologize
- Kremlin blocks opposition websites; Kasparov fears Putin plans ‘something drastic’
- Saving trees? EPA wastes $1.5 million storing unneeded pamphlets in warehouse
- Scott Brown Senate bid in New Hampshire may launch soon
- Jeffrey Corzine, son of ex-N.J. governor, dead at 31
- Australian surfing magazine sorry for calling indigenous surfer ‘apeish’
- Records: Man in Fla. theater shooting also was texting
- The Putin problem: U.S. needs Russian rockets for spy satellites
Latest Mark Vitner Items
Local leaders in the D.C. region are bemoaning the drastic cuts they could be forced to make if Congress fails to reach a deal by Friday to avoid sequestration, but some analysts and officials say the effects won't be as immediate or disastrous as some people think.
The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.
Americans are feeling worse about the economy than they have in a long time — a fact that could have wide-reaching implications everywhere from Wal-Mart to the White House.
While Wall Street and Washington were obsessing over recent signs of softening in the job market and a flare-up of the European debt crisis, much of the rest of the economy has been chugging along showing improvement.
The big drop in the unemployment rate in recent months came at a fortunate time for President Obama, but economists say it as much because of young people dropping out of the labor market as it is the result of businesses adding jobs.
The average rate on the 30-year fixed mortgage this week fell below 4 percent for the first time ever, to 3.94 percent.
The foundering economy has left Americans consumers listless and frustrated with many unwilling to splurge at the malls and unable to take advantage of the lowest mortgage rates on record to buy a house or improve their finances.
Job gains unexpectedly accelerated last month to 117,000, and the unemployment rate declined to 9.1 percent — news that eased recession worries in troubled financial markets.
A report revealing the first decline in consumer spending since the Great Recession shocked Wall Street investors Tuesday and raised fears that the economy could fall into a double-dip recession.