Back to school time can be expensive. According to the National Retail Federation, the average family spends $606.40 getting ready for the upcoming school year
U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon.
President Barack Obama has signed an extension of unemployment benefits for millions of long-term unemployed people, capping a hard-fought political fight with Republicans.
Governor Mark Sanford vetoed an increase on cigarette taxes for more than a decade, but this year lawmakers fought that. Now the tax will be increasing by 50 cents a pack.
The Treasury Department's inspector general for tax administration estimated that more than 14,100 taxpayers wrongly received at least $26.7 million in homebuyer tax credits.
BP is not only gushing oil, but plenty of money, too. The company's stock price is dropping sharply after the Gulf rig explosion. Losses are in the billions.