Wary consumers, rising unemployment snag recovery
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AP
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58 minutes ago The economy is not growing as fast as the government first thought and the recovery still faces significant obstacles, including households nervous about spending and rising unemployment.
Americans search for cheaper Thanksgiving trips
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AP
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7 minutes ago The Miles family is changing it up this year in the annual American race to make it to the table for Thanksgiving dinner. Instead of booking plane tickets, they opted to take the 1,100-mile trip by train.
Sales of new homes forecast to rise 2 percent
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AP
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44 minutes ago Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse.
Fed: super-low rates could fuel speculative bubble
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AP
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Tue 3:38 pm ET The Federal Reserve doesn't expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its efforts to keep the rebound going could feed a new speculative bubble.
Banks earn $2.8B in 3Q; FDIC says dangers persist
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AP
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Tue 3:54 pm ET The apparent end of the recession and stabilizing financial markets have not cured the banking industry, as souring and past-due loans have reached the highest levels in 26 years, the Federal Deposit Insurance Corp. said Tuesday.
Facebook creates dual-class structure, but no IPO
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AP
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Tue 5:57 pm ET Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.
Paltry sale for once-proud dome in once-proud city
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AP
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Tue 8:20 pm ET Talk about getting stuck with the cheap seats. The Pontiac Silverdome, built three decades ago for $56 million, is being virtually given away -- sold at auction for a paltry $583,000.
Crude prices sink to $76 per barrel
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AP
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Tue 3:13 pm ET Oil prices fell to around $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best.
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