Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market.
The compensation received by Nabors Industries Ltd.'s chairman and chief executive more than doubled to $91.5 million in 2008
A prominent lawyer accused of defrauding hedge funds of at least $400 million is expected to plead guilty Monday to charges that carry a potential sentence of decades in prison.
President Barack Obama wants to see 5,000 failing schools close and reopen with new principals and teachers over the next five years.
In an impassioned appeal Friday, Zimbabwe's long-suffering Prime Minister Morgan Tsvangirai called for people to get over their obsession with his longtime enemy, President Robert Mugabe.
With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing almost 50 cents for every dollar it spends this year.
The Justice Department warned corporate America on Monday that the government will aggressively investigate big firms that improperly dominate markets.
Leaders of historically black colleges say they'll fight a reduction in a federal program they call a financial lifeline at a time of economic distress for the schools and their students.