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US Postal Service Loss Widens To $3.3B

The US Postal Service on Thursday posted a $3.3-billion loss for the latest quarter and projected it would run out of cash in October as its fiscal woes continued to deepen.

    1. US Postal Service USPS Logo_20110805141144_JPGUS Postal Service Loss Widens To $3.3B
    2. International News_20100710141908_JPGEurozone Ministers Review Greece Deal
    3. New York Stock Exchange_20110223082822_JPGStocks Inch Up After Greece Deal
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    Weekly Jobless Claims Fall 15K

    The number of Americans filing initial claims for state unemployment benefits fell by 15,000 to a seasonally-adjusted 358,000, the Labor Department said

    US, Banks Agree on $26B Foreclosure Pact

    Government officials finalized an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of

    US Set to Clear Google-Motorola Deal

    The US Justice Department is poised to clear Google Inc.'s $12.5-billion acquisition of Motorola Mobility Holdings Inc. as early as next week, according to

    New York, California Join Mortgage Settlement

    New York and California have agreed to sign the proposed settlement between U.S. states and the nation's biggest mortgage lenders over foreclosure abuses,

    US Stock Indexes Erase Declines to End Higher

    US stocks ended with mild gains on Wednesday, capping a day of wavering, after a news report emerged suggesting Greece had a draft plan in place that would

    Stocks Fall as Greek Talks Drag On

    Stocks are down as frustrations mount over whether Greece will hammer out a cost-cutting deal it needs to keep from defaulting on its debt.

    Newark Airport Added To Easier Security Test Program

    A new passenger screening program to make check-in more convenient for certain travelers is being expanded to 28 more major U.S. airports including Newark

    Jack in the Box Fast Food Chain Offers Bacon Milkshake

    You can now get your sugar and pork fix all in one drink, with a Bacon Shake at Jack in the Box fast food restaurants.

    Gupta Faces More Tipping Allegations

    Federal prosecutors said they are planning to unveil previously undisclosed instances in which former Goldman Sachs Group Inc. director Rajat Gupta allegedly

    Lawmakers Want Freddie, Fannie On Budget

    House lawmakers passed legislation Tuesday to put the operations of Fannie Mae and Freddie Mac on the federal budget and change how the government calculates

    Consumer Borrowing Surged in December

    Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend

    Stocks Close Up on Greece News

    US stocks rose Tuesday, helped by reports signaling the Greek government was close to agreeing on budget measures that would open the path to more

    Job Openings Rose in December

    The number of job openings in the US rose to 3.38 million in December from 3.12 million in November, the Labor Department said Tuesday.

    Ford Upset About Chevy Apocalypse Super Bowl Ad

    One of the buzziest commercials during this past weekend's Super Bowl was Chevy's Apocalypse ad where they mentioned one of their competitors (Ford) as

    Japan Stocks Weaken, Australia Shares Choppy Ahead of Rate Decision

    Japanese stocks started weaker, tracking a soft lead from Wall Street overnight, while Australian shares put in a choppy performance Tuesday.

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    US Postal Service Loss Widens To $3.3B US Postal Service Loss Widens To $3.3B

    The US Postal Service on Thursday posted a $3.3-billion loss for the latest …

    Eurozone Ministers Review Greece Deal Eurozone Ministers Review Greece Deal

    Greek political leaders agreed to more austerity measures that could pave the …

    Obama 2012 Campaign Releases Soundtrack Obama 2012 Campaign Releases Soundtrack

    President Barack Obama's re-election campaign on Thursday released the 29 songs …

    Weekly Jobless Claims Fall 15K Weekly Jobless Claims Fall 15K

    The number of Americans filing initial claims for state unemployment benefits …

    US, Banks Agree on $26B Foreclosure Pact US, Banks Agree on $26B Foreclosure Pact

    Government officials finalized an agreement worth as much as $26 billion with …

    Saudi Tweets Lead to Outrage, Threats Saudi Tweets Lead to Outrage, Threats

    A 23-year-old Saudi columnist fled the country, his associates said, after his …

    US Set to Clear Google-Motorola Deal US Set to Clear Google-Motorola Deal

    The US Justice Department is poised to clear Google Inc.'s $12.5-billion …

    NY, Calif. Join Mortgage Settlement NY, Calif. Join Mortgage Settlement

    New York and California have agreed to sign the proposed settlement between U.S.…

    US Stock Indexes End Higher US Stock Indexes End Higher

    US stocks ended with mild gains on Wednesday, capping a day of wavering, after a news report emerged …

    White House Firm on Birth Control White House Firm on Birth Control

    The White House on Wednesday said it will not back down on its decision to …

    Gingrich Defends Idea of Moon Colony Gingrich Defends Idea of Moon Colony

    While Mitt Romney's and Rick Santorum's thoughts were on the Midwest and …

    Gupta Faces More Tipping Allegations Gupta Faces More Tipping Allegations

    Federal prosecutors said they are planning to unveil previously undisclosed …

    Lawmakers Want Freddie, Fannie On Budget Lawmakers Want Freddie, Fannie On Budget

    House lawmakers passed legislation Tuesday to put the operations of Fannie Mae …

    Consumer Borrowing Surged in December Consumer Borrowing Surged in December

    Americans accelerated their borrowing in December for the second straight month,…

    Stocks Close Up on Greece News Stocks Close Up on Greece News

    US stocks rose Tuesday, helped by reports signaling the Greek government was …

    Obama Campaign Supports Super PAC Obama Campaign Supports Super PAC

    President Barack Obama's re-election campaign is moving to actively support a …

    Designer Campaign Gear Controversy Designer Campaign Gear Controversy

    Move over, PACs. The latest campaign-finance flap is about sacks.

    US Influence Weakened in Latin America

    Washington has long seen Latin America as its "backyard," a region where …

    Obama to Present Familiar-Looking Budget Obama to Present Familiar-Looking Budget

    President Barack Obama will release his budget plan next week, calling for $3 …

    Slow Talks in Greece Drag Down Stocks Slow Talks in Greece Drag Down Stocks

    Stock indexes closed slightly lower Monday as talks dragged on between Greek …

    Romney Firmly In Lead Romney Firmly In Lead

    Mitt Romney, buoyed by a fresh victory in Nevada, on Sunday entered a low-key stretch of the presidential …

    Greek Party Leaders Weigh Fiscal Cuts Greek Party Leaders Weigh Fiscal Cuts

    Greece's three main party leaders were facing difficult decisions ahead of a key…

    Diplomat: Iran Will Not Block Key Strait Diplomat: Iran Will Not Block Key Strait

    Iran has no intention of blockading the Strait of Hormuz, the sea route through …

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