SACRAMENTO, Calif. - Oil billionaires David and Charles Koch have jumped on board an effort to suspend California's global warming law by making a million-dollar contribution this week.

By CONOR DOUGHERTY The US economy lost jobs for the third month in a row in August, but modest hiring by the private sector eased concerns the economy might be tumbling back into recession.

WASHINGTON: US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.

By Yoo Choonsik and Rachel Armstrong GWANGJU, South Korea (Reuters) - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, ...

By BOB TEDESCHI LENDERS scrutinize all elements of a mortgage application, but one factor remains critical: the debt-to-income ratio, or the percentage of a borrower's monthly gross income that goes toward housing expenses.