Local governments and public entities, already reeling from the recession, face another fiscal crisis: billions of dollars in fees owed to Wall Street firms on investment deals gone bad.

For Lawrie Covey and millions of other unemployed workers, life remains a day-to-day struggle. Instead of working on RVs in a factory, she may soon be living in one.

In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.

Prices have dipped, but some sellers are certain their nine-figure properties will attract buyers.

Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.

Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday.

Not long ago, low-interest student loans were easy to come by. But the downturn and ensuing credit crunch put an end to that.

JPMorgan Chase & Co. dropped a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration.

There are signs of recovery in the nation's heartland, including Elkhart, Ind., but the rebound is faint, uneven and faces many threats.

It's possible to enjoy the holidays without spending lots of money. Here are eight simple ways to trim your budget.

Electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.

Big shareholders at Goldman Sachs have asked the U.S. bank, on track to deliver $20 billion in bonuses, to pass more profit to investors after it quadrupled quarterly net profit.

UPS Inc., the world's largest shipping carrier, is hiking 2010 rates for ground packages by an average of 4.9 percent.

Will Ferrell and British actor Ewan McGregor headed a Forbes.com list of Hollywood's most overpaid stars when looking at the financial returns of their movies.