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Small Rewards Ease Some Economic Tension

Updated: 05/16/2009 - In the midst of the recession, there are some products that people apparently are unwilling to do without. Like chocolate. And comfort food.

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Chinese Imports Could Bring GM Political Troubles

Posted: 05/13/2009 - Reports that General Motors plans to import cars from China are causing a political problem for the car company and the White House. GM will neither confirm nor deny the reports.

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Social Security And Medicare Finances Worsen

Posted: 05/12/2009 - The financial health of Social Security and Medicare, the government's two biggest benefit programs, worsened in the past year because of the severe recession.

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Fed Boss: Bank Exam Results Should Buoy Confidence

Posted: 05/11/2009 - Federal Reserve Chairman Ben Bernanke says results of the government's unprecedented "stress tests" of the nation's 19 largest banks should bolster Americans' battered confidence in the U.S. banking system.

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Boston Globe's Largest Union Sets Vote On Cuts

Posted: 05/11/2009 - Members of The Boston Globe's largest union will vote on June 8 whether to ratify wage and benefit cuts that the newspaper's parent company, The New York Times Co., is demanding to keep the 137-year-old daily from closing.

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Kids Worry About The Economy, Too

Updated: 05/08/2009 - We all wonder about what may happen next with the economy, and if you have children they may know more than you realize.

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House Votes To Outlaw 'Liar Loans'

Posted: 05/07/2009 - The House has voted to outlaw so-called liar loans, ballooning mortgage payments and other bank practices that lawmakers say prey on consumers.

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Judge OKs Procedures For Sale Of Chrysler Assets

Posted: 05/05/2009 - The judge overseeing Chrysler's Chapter 11 proceedings says the automaker can start taking steps toward selling the vast majority of its assets to Italy's Fiat.

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Official: Bailout Returns will have Conditions

Posted: 05/05/2009 - A senior government official says banks that want to return government bailout funds will have to first show that they can do business without the help of federal guarantees.

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AP Interview: GM CEO Says Bankruptcy Avoidable

Posted: 05/04/2009 - General Motors has just a month left to complete a daunting list of restructuring moves, but new CEO Fritz Henderson says he believes it can be done and the company can avoid bankruptcy.

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