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WASHINGTON – After declining for four straight months, the U.S. trade deficit widened by 10.4% in November to $47.8 billion, the Commerce Department said Friday. This is the largest trade gap since June and the biggest…

Dear Dr. Don, You have CIT bank listed as an all-star bank. I am not sure after reading all the negative things about this institution that it is safe, insured, etc. Please let me know if this is…

Lennar Corp.’s fiscal fourth-quarter net income dropped 5 percent, partly on higher expenses, but revenue rose as the homebuilder delivered more homes. Lennar also said Wednesday that the housing market is starting to stabilize because …

Alcoa kicked off the fourth-quarter earnings period with a per-share loss that matched Wall Street expectations, though revenue handily topped views. The company lost 3 cents a share in the period on sales of $…

WASHINGTON – U.S. consumers increased their debt in November by a seasonally adjusted $20.4 billion, the largest increase since November 2001, the Federal Reserve reported Monday. Monthly debt rose at a 10% annual rate in November, a much faster pace …

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