Citigroup Inc. on Thursday carried out a part of the debt exchange offers that, when they're completed, will eventually give the federal government a 34 percent stake in the troubled bank.
First, they had to deal with being laid off. Then the challenge became figuring out how to run a business from a spare bedroom while the kids are fighting and the dog is barking.
The administration on Thursday sent Congress legislation that would enable the federal government to take over large financial institutions whose collapse could undermine the entire financial system.
Mayor Michael Bloomberg told his drivers to stop letting his SUVs idle after The Associated Press reported it observed the vehicles with their engines running for long periods of time while parked throughout the city.
Emily Weinstein graduated from college into an economic meltdown, and as a self-employed jewelry maker she'll be lucky to bring in $16,000 this year.
President Barack Obama's popularity has boosted America's image abroad even though deep suspicions about the U.S. persist in the Muslim world, according to a poll released Thursday.
Through his first six months as president, Barack Obama has tended to shy away from the historical significance and potential influence of his role as the nation's first black president.
Toyota Motor Corp. has decided to liquidate its stake in a California manufacturing plant that it jointly operated with General Motors, a Japanese news agency reported Thursday.