Even as a huge bipartisan majority in the Senate voted Saturday to send a sprawling housing bill to the White House, economists, consumer advocates and other analysts said the package of programs for cash-strapped homeowners and shaken mortgage lenders is unlikely to relieve the foreclosure crisis that is driving the nation toward recession. ...more

July 27, 2008

About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. ...more

July 24, 2008

About 2 million Americans get a raise today as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. ...more

July 24, 2008

GM's tentative new contract with the United Auto Workers offers the other struggling domestic automakers, Ford and Chrysler, enough cost-cutting inducements to find common ground and strike a deal with the union, analysts said Wednesday. ...more

September 27, 2007