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February federal budget deficit sets record

February federal budget deficit sets record

The federal government's budget deficit grew by $222.5 billion in February, the largest one-month increase in history. Economists are forecasting the deficit for the year will be the biggest imb...

Merchants beat bankers in Senate debit card vote

Merchants beat bankers in Senate debit card vote

Merchants triumphed over bankers in a battle for billions Wednesday as the Senate voted to let the Federal Reserve curb the fees that stores pay financial institutions when a customer swipes a d...

Unemployment rises in 20 states, falls in 15

Unemployment rises in 20 states, falls in 15

The unemployment rate rose in 20 states last month as employers in most states shed jobs.

Surprise Gift: Free Tuition for All N.Y.U. Medical Students

Surprise Gift: Free Tuition for All N.Y.U. Medical Students

New York University’s School of Medicine announced on Thursday that it would cover tuition for all its current and future students. “This decision recognizes a moral imperative that must be addressed, as institutions place an increasing debt burden on young people who aspire to become physicians,” the dean of the school said.

Another earthquake jolts northeastern Japan

Another earthquake jolts northeastern Japan

The U.S. Geological Survey is reporting that another strong earthquake has jolted northeastern Japan, the same region struck by March's massive quake and tsunami. There were no immediate reports of injuries or damage, and no tsunami warning is in effect.

Fla. police identify children found in canal

Fla. police identify children found in canal

The boy and girl whose bodies were found stuffed into luggage and thrown into a south Florida canal are believed to be the children of a woman found dead in a trash area last summer, police said...


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