Marketplace®

Daily business news and economic stories
  • Greece has been furiously working to save maybe $126 billion on what it owes investors on its government bonds.

  • Slightly stronger pre-loved home sales made 2011 a better year for realtors, but a “shadow inventory” still lurks.

  • The number of people signing up for unemployment benefits fell to its lowest in more than 3 1/2 years today, but is it falling fast enough?

  • When you look at net wealth instead of income, the gap between the 1 percent and the 99 grows exponentially.

  • To date more than 60 people have been arrested for schemes and illegal trades as part of the Fed's so-called "Operation Perfect Hedge"

  • New data from home builders indicate they're feeling more confident, and now that layoffs have slowed, buyers are feeling more secure, too. Still, there are bumps ahead for the housing industry.

  • Americans cut their credit card balances by 11 percent in 2011, bringing the national average balance down to $6576.

  • Experts see bright days ahead for the auto industry as Americans look to replace their clunkers in droves.

  • A new study out finds larger percentages of Americans are seeing conflicts between the haves and the have-nots.

  • America’s biggest bank announces a 23 percent drop in fourth quarter profits but still has its best year ever.

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