Latest Headlines

People want new programs, but are wary of 'Big Government'

Whether it's over health care, climate change or most other big Washington battles this year, Congress keeps debating the same underlying issue — is the federal government getting too big and intrusive? » read more

Emerging markets such as Brazil, Russia, India and China attract investors

If Wall Street’s collapse threw a monkey wrench into your retirement plan, then the repair job might call for a BRIC.

In this case, BRIC stands for Brazil, Russia, India and China. Those four countries have become the hot topic among equity investors. » read more

House climate bill wouldn't cut U.S. oil dependence much

Despite its title as the "American Clean Energy and Security Act" the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing U.S. dependence on foreign oil. Two studies project that the legislation would cut oil use in the future, but not enough to make a dent in dependence on oil from unstable or unfriendly foreign suppliers. » read more

With budget talks at impasse, California issues IOUs

The state controller's printing presses began churning out 28,742 so-called registered warrants worth $53.3 million that would be mailed to people awaiting state tax refunds. The IOUs pay 3.75 percent interest and can be redeemed after Oct. 2. Several of the state's leading banks said they would accept the IOUs, but only until July 10. » read more

Economy in Turmoil

• · Beazer Homes payout over predatory lending likely limited
• · At Missouri's Lake of the Ozarks, luxury homes go unsold
• · White House close to deal with hospitals on cost cuts
• · California starts issuing IOUs, three banks accepting so far
• · To escape prosecution, Beazer execs forfeit $1 million in bonuses
• · Good news: Economy may grow. The bad? It won't last
• · Job losses rise in June, ending 4 months of improvement
• · Caribbean feeling recession's impact
• · Beazer Homes charged with mortgage and accounting fraud
• · How much do you know about Medicaid? A true-false test
• · California chain restaurants must reveal calorie counts
• · Obama expands program to aid borrowers who're 'underwater'
• · Medicaid could help cover more uninsured, but not everyone's sold
• · It's hard to say how much health care overhaul might cost