National Deficit Grows on Higher Government Spending

The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…

Picturing the Foreclosure Crisis in Modesto, California

Modesto, California, located 90 miles east of San Francisco, had the nation’s third-highest home foreclosure rate during the third quarter of 2010, just behind Las Vegas, Nevada, and Cape Coral/Fort Meyers, Florida. DailyFinanc…

Exit Strategy: AIG’s Plan to Repay Taxpayers

Insurance giant American International Group on Wednesday signed an agreement with the government that details its plan to repay its government loans. Meanwhile, The Wall Street Journal reports that the government plans to sell…