Detroit's Emergency Manager Kevyn Orr gave just two options to those creditors gathered in downtown Detroit on Friday: Go along with my proposal now, and you'll get the best deal you can. Don't, and you'll get less, it'll cost more, and it will take longer.

 

The confluence of numerous factors in both Texas and North Dakota is working to help the United States wean itself from dependence on foreign oil, including low taxes, improved technology, and enforced private property rights.

There are always unintended consequences when using Keynesian economic theories to try to jumpstart an economy. One of them is the freezing of credit markets because of the Fed's manipulations.

Calls to privatize government agencies like the Federal Aviation Administration (FAA) are likely to fall on deaf ears until the government runs out of money.

The U.S. Department of Energy says it seized $21 million from the reserve account of hybrid automaker Fisker Automotive when it failed to begin repaying a federal loan.