Lew says Fannie Mae payment helps delay debt limit until Labor Day

California sues JPMorgan over debt collection tactics

In a lawsuit that echoes the worst abuses of the foreclosure crisis, the state's top law enforcement official is suing the nation's largest bank,...

Icahn, Southeastern challenge Dell takeover plan

Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid...

Bernanke says Fed increasing financial monitoring

WASHINGTON — The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could...

Stocks close higher on Wall Street

The stock market is closing out its third straight week of gains, led by small-company stocks. 

GOP may seek to tie debt ceiling deal to tax code changes

WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-...

Retail sales brighten, but less than expected

Late last month, as the weather began to warm into a semblance of spring, teens and bargain hunters who had spent months crunching their spending...

Is $1,721.75 the bill you'd expect for treating a cut?

It was your basic, run-of-the-mill accident. Kim Haselhoff's 9-year-old son got nipped in the finger by one of the family dogs. It didn't seem too...

Facebook promises to fix Home with upgrades after user complaints

MENLO PARK, Calif. -- Facebook Home was introduced with much fanfare one month ago. So far it has not lived up to the hype.

Developers buy Rhythm & Hues' ex-headquarters in El Segundo

The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan...

Global criminal ring drains $45 million from ATMs in hours

A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then...

FCC moves toward opening airwaves for in-flight Internet

The Federal Communications Commission took a step toward improving Web access for air travelers, voting to write rules to open frequencies for an air-...

California calls for more disclosure of medical costs [video chat]

Fannie Mae to pay U.S. $59.4 billion after record quarterly profit

WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit...

Initial jobless claims drop more than expected

Initial jobless claims continued to decline last week in another hopeful sign that the labor market is improving.

Hospital prices diverge wildly, U.S. data show

Shares surge for drug-testing firm Quintiles as IPOs stay strong

Shares of drug-testing firm Quintiles Transnational Holdings Inc. soared nearly 10% in Thursday trading, marking another strong debut for initial...

Fed: Some borrowers shortchanged in foreclosure settlement

Drug spending falls for first time in 6 decades

An explosion of cheap generic substitutes for widely used prescription drugs last year helped drive the first decline in pharmaceutical spending in...

Deal could cut decade from Jeffrey Skilling's Enron prison sentence

NEW YORK -- Former Enron Corp. Chief Executive Jeffrey Skilling could get a decade lopped off his prison sentence in a deal with the U.S. Justice...

Disney withdraws trademark filing for 'Dia de los Muertos'

If the dead could speak, they probably wouldn't have been heard over the burst of virtual shouting and howling Walt Disney Co. drew for attempting...

News Corp. third-quarter profit climbs; revenue up 14%

Rupert Murdoch's News Corp. is preparing to split into two entities, and the company's fiscal third-quarter financials illustrated why: Its cable...