Senate Set to Pass Bill Allowing States to Tax Internet Purchases
The Senate is expected to pass legislation Monday that would allow states to collect sales taxes for Internet purchases, but the bill faces opposition in the House.
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Drop in Interest Rates Boosts Demand for Home Mortgages
Applications for U.S. home mortgages rebounded last week as interest rates pulled back for the first time in three weeks, fresh data show.
Dimon Faces Tougher Questions on $2 Billion Trading Loss
JPMorgan Chase CEO Jamie Dimon had a much tougher reception Tuesday when he returned to Capitol Hill for a second round of questions over the bank's $2 billion trading loss.
Housing's Long and Winding Road to Recovery
While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It's just that the U.S. remains on a slow, grinding track back to housing health.
What the New Tax Law Deal Means for You
Now that President Obama has signed a sweeping tax bill into law, many Americans want to know how they'll be affected. The compromise deal extends Bush-era tax reductions on income, capital gains and dividends through 2012. But there were also some changes.
Congress Again Postpones Medicare Pay Cuts for Doctors
For the fifth time this year, Congress has voted to postpone steep Medicare pay cuts for doctors. The latest vote gives doctors a year's reprieve from the 25% pay cut, which some have said would keep them from accepting new Medicare patients.
New Report: Fewer Americans Have Health Insurance
As health-care costs skyrocket, the ranks of uninsured Americans are growing at their fastest rate ever. A new report from the Center on Budget and Policy Priorities finds that 50.7 million people, or 16.7% of the population, had no health coverage in 2009, up from 46.4 million, or 15.4%, in 2008.
Americans Deeply Divided Over Tax-Cut Extensions
While most people support extending at least some of the George W. Bush-era tax cuts due to expire this year, a new Gallup/USA Today survey finds that Americans are deeply divided on which cuts should continue -- and for how long.
Foreclosure Pain Continues Across the U.S.
New data from RealtyTrac shows that the real estate market is still on shaky ground. Banks repossessed 95,364 homes in August -- more than in any month since the beginning of the U.S. mortgage crisis.
Homebuilder Toll Brothers Returns to Profitability
The luxury homebuilder reported earnings of $27.3 million for the third fiscal quarter, topping Wall Street expectations. CEO Douglas Yearley said the company is "pleased to return to profitability," even though revenues and deliveries were relatively flat.
