Business

The economic recovery: Proof Obama's stimulus worked?

After years of sputtering, the U.S. economy seems to be picking up steam. But Republicans say the president's policies have only gotten in the way

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Is the U.S. in the middle of a 'false recovery'?

Stocks are up. The unemployment rate is down. But that was also true a year ago, and back then, things didn't exactly work out like we hoped

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The return of subprime bonds: Is Wall Street courting disaster?

Everything old is new again, as investors snap up bundles of the same toxic subprime loans that led to the great crash of 2008

7 Comments

Unemployment benefits: Should drug testing be required?

Under new legislation, the jobless will have to undergo drug testing in certain cases. If Republicans had gotten their way, it would have been all cases

40 Comments
Greek Finance Minister Evangelos Venizelos addresses reporters after securing a $170 billion bailout from Europe: Greece still faces extreme austerity measures and a crippling recession.

After the bailout: Is Greece still doomed?

The debt-laden nation secures a whopping $170 billion lifeline — but few Greeks are breaking out the champagne

Protesters in front of the Greek Parliament in Athens during clashes with riot police: A Greek default could be as painful for the global economy as Lehman Brothers' 2008 collapse.

Can Europe survive a Greek debt default?

Skeptics worry that a new $171 billion bailout won't solve Greece's financial woes — and that Athens will inevitably fail to pay its bills

Chinese Premier Wen Jiabao talks with European Union leaders in Beijing on Tuesday: Europe hopes China will use some of its $3.2 trillion in foreign exchange reserves to bail out the struggling eurozone.

Why China should bail out the eurozone: 3 theories

The EU is practically begging for a financial lifeline from the world's most populous nation. China isn't eager to get involved — but maybe it should be

The $26 billion foreclosure fraud settlement: By the numbers

The government and big banks strike a deal over alleged foreclosure abuses. Where will the money go?

8 Comments

The 12-year-old who saved his grandmother from foreclosure

A tween do-gooder turns the focus of his charitable "Dream Catcher Network" to a cause that's awfully close to home

13 Comments

Short sales: The answer to America's housing crisis?

To sidestep the painful and expensive foreclosure process, lenders begin offering delinquent borrowers cash to sell their homes for less than they owe

7 Comments

Obama's mortgage plan: Who really benefits?

The president pitches his idea to rescue underwater homeowners. But is the new tax on banks that would cover the program's multi-billion costs a deal-breaker?

28 Comments
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For those who have everything: Aston Martin's new office furniture collection

Sleek office furniture from luxury automaker Aston Martin — and more in our collection of bizarrely elite consumer products