US bankruptcies resume upward path in 1st quarter: U.S. bankruptcy filings resumed their upward climb in the first quarter, nearly equaling their highest level since 2005, as high unemployment and a still-strained housing market squeezed consumers.
Millions of jobs lost, many may never return: Jobs in the beleaguered manufacturing sector aren't the only ones likely lost forever. What sets the Great Recession apart is the variety of jobs that may not return.
Let them eat cake: .... Schwarzenegger's budget deals blows to the poor: The governor unveils a proposal that would cut the welfare-to-work program and reduce child care for the needy.
Eight banks face US investigation: New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain a better ratings for risky securities.
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