This holiday season, Americans are earning and spending more and companies are shedding fewer
Across the nation, homeowners have cheered the news that some
banks are slowing the foreclosure process.
Jobless benefits will run out for 2 million people during the holiday
season unless they are renewed.
In a largely token vote, the House on Wednesday declined to override
President Barack Obama's veto of legislation that could have facilitated
the processing of home foreclosure documents.
The number of Americans at risk of foreclosure improved slightly over
the summer but hardly enough to suggest the crisis in the housing market
is close to over.
Raising the retirement age for Social Security would disproportionately
hurt low-income workers and minorities, and increase disability claims
by older people unable to work, government auditors told Congress.
The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines.