First-time jobless claims drop WASHINGTON — The number of newly laid-off workers requesting unemployment benefits slipped last week, but remains above the level many economists say would signal new hiring. The four-week avera...
Bank of America ends overdraft fees on debit cards NEW YORK — Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It’s a step that may become a common move ahead of new regula...
Class-action lawsuits could cost Toyota more than $3B MIAMI — Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant...
Federal regulators shut down more banks CHARLOTTE (AP) — Regulators on Friday shuttered banks in Florida, Illinois, Maryland and Utah, boosting to 26 the number of bank failures in the U.S. so far this year following the 140 brought d...
Consumer borrowing shows increase in January WASHINGTON — Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing. The small gain, t...
Employment data bolsters hopes but jobs still lacking WASHINGTON — At last, the unemployment crisis seems to be easing. That’s the good news. The bad news? Job creation remains scant because companies still lack enough confidence in the economy to ...