Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners,

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.

The new year has greeted Americans with the highest January gas prices ever, and some analysts say prices could get close to $5 a gallon in some areas during

Republicans would cut federal employee benefits. President Barack Obama would raise fees for airline passengers and eliminate Saturday mail delivery. Democrats

Retail sales barely rose in December, but the gain was enough to push sales to a record level for 2011. It was the largest annual increase in more than a

An Obama administration official says the White House is proposing a 0.5 percent raise for civilian federal employees in its 2013 budget.

If you earn less than $200,000 a year, there's a strong chance you don't have to worry about an Internal Revenue Service audit. But if you make more than $1

Many retailers are reporting solid sales gains for December, capping a decent holiday season, but shoppers bent on discounts exacted a high price.

Does the mere mention of April 15 send chills up your spine? Not to worry — the Internal Revenue Service has postponed this year's deadline for filing federal

Americans are hopeful for what 2012 will bring for their families and the country, according to a new Associated Press-GfK poll, though most say 2011 was a

Gold closed Wednesday at the lowest level in more than five months.

The holiday shopping season turned out to be two seasons: the Black Friday binge and a last-minute surge. Together, they added up to decent sales gains for

Last-minute shoppers gave merchants a solid lift during the final week before Christmas, a mall trade group said Wednesday.

A monthly survey shows consumers' confidence in the economy in December surged to the highest level since April and is near a post-recession peak.