News

Homeowners repaying mortgages at faster rate new

Homeowners continued to accelerate the rate at which they are paying down their mortgages during the third quarter of the year, figures showed today.

Retiring senator spurs action on Indian issues

In this May 4, 2010 file photo, Sen. Byron Dorgan, D-N.D. speaks during a news conference on Capitol Hill in Washington.

Sales for Detroit Automakers Rose in 2010

FILE: American flags fly outside General Motors world headquarters in Detroit. Michigan can breathe a small sigh of relief, as all three of the major U.S. automakers posted sales gains for 2010 and show no signs of slowing down anytime … Read More

Stocks turn mixed as rally pauses

A rally that pushed stocks up nearly 7 percent in December paused Tuesday as traders waited for minutes from the Federal Reserve’s last policy meeting.

Factory orders rise 0.7 percent in November

The Commerce Department says that total orders increased 0.7 percent in November.

Economy needs bond-buying program – Fed

Federal Reserve officials stuck with the pace of their $US600 billion Treasury bond-buying program last month because the economy wasn’t improving fast enough to make a noticeable dent in unemployment.

Pittsburgh Council, Mayor Clash on Pension Armageddon’ as Deadline Looms

Pittsburgha s City Council ordered Mayor Luke Ravenstahl to attend a meeting today to hash out a plan to avoid a state takeover of the underfunded municipal pension, which may more than double its cost to taxpayers.

Spending, scandal affect Rialto

This city has had its fair share of controversy over the years, and 2010 was no different, with concerns over the size of public pensions, opposition to a new residential development and an alleged sex scandal that led to two … Read More