Americans are recovering their shrunken wealth -- gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight.
Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.
Government vehicle safety regulators may seek greater authority to investigate defects in cars and trucks and are weighing a range of new safety requirements in response to Toyota's recall of more than 8 million vehicles over brake and acceleration problems.
A rally in financial stocks Thursday helped the market extend its grind higher to a third day. The Standard & Poor's 500 index cleared an important hurdle watched by traders when it closed just above its January peak to set a new 17-month high.
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot for American manufacturers through the rest of 2010.
Lehman Brothers used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008, but there was not extensive wrongdoing, a court-appointed examiner has found.
A Mississippi high school faces a lawsuit over its decision to cancel its prom rather than allow a lesbian high school student to attend with her girlfriend.
The wife and daughter of Senate Majority Leader Harry Reid were injured Thursday in a highway accident, a spokesman for the senator from Nevada said. The injuries aren't considered life-threatening.
An Oklahoma elementary school student has died of bacterial meningitis, officials said Thursday, and two other students are hospitalized with the illness.
Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest.
New York City has agreed to pay up to $657 million to settle more than 10,000 lawsuits filed by ground zero responders who say they were sickened by World Trade Center dust.
Government vehicle safety regulators may seek greater authority to investigate defects in vehicles and are weighing a range of safety requirements in response to Toyota's massive recall.
Americans regained more of their shrunken wealth last quarter, mainly because the economy boosted stock portfolios. But the gain was less than in the previous two quarters.
House Democratic leaders abandoned a long struggle to appease the most ardent abortion opponents in their ranks, gambling Thursday that they can secure the support for President Barack Obama's sweeping health care legislation with showdown votes looming next week.
ABC News
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