Big states set to make mortgage deal real

New York and California will join just about all the other states in a settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes, according to a person familiar with the talks.

Fewer young adults hold jobs than ever before

The share of young adults with jobs has hit its lowest level since the government started keeping records just after World War II.

Behind Romney's Bain retirement deal

Working in private equity can be lucrative. But leaving private equity can really pay, as everyone has learned recently from Mitt Romney.

Chinese inflation rate picks up

China's inflation rate rose in January, which may dash hopes that the country's central bank will soon take more action to support economic growth there.

New nuclear reactors set to be OK'd for Georgia

The U.S. Nuclear Regulatory Commission is expected to approve licenses to build to two new nuclear reactors Thursday, the first approvals in over 30 years.

Homes in foreclosure decline by 130,000

Slowly, but surely, the foreclosure crisis seems to be abating.

China: Fast food nation. Too fast economy?

Is China's economy heading for a hard or soft landing? Well, it looks like Chinese consumers can't get enough of Diet Coke and the Colonel's famous secret recipe. That may be good news.

Bernanke tries to keep Fed out of politics

By now, Federal Reserve Chairman Ben Bernanke must be used to being a punching bag.

12 greenest cars of 2012

The American Council for an Energy Efficient Economy has released its list of the most environmentally friendly cars of 2012, but there's one glaring omission.

Obama loan program turns a profit

An Obama administration lending program set up to funnel cash to small banks was expected to cost taxpayers $1.3 billion. Instead, it will turn a profit of $80 million.

Charity on the campaign trail

President Barack Obama and Oval Office hopefuls Newt Gingrich and Mitt Romney have all released at least one year of tax returns. And they all gave big money to charity.

Government assistance expands

More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.

Foreclosure deal has 40 states, but others balk

More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value.

Home Prices

Feb. 28

GDP

Feb. 29