Shares of Facebook have slipped 1.6% in morning trading after the social network announced it would offer 70 million shares for sale.
WASHINGTON - Treasury Secretary Jack Lew restarted the debt limit countdown clock Thursday, warning Congress that it has seven weeks to raise the nation's debt ceiling and "put an end to governing by crisis.
Loan servicing company Ocwen Financial Corp. (OCN: Quote) has Thursday reached a $2.13 billion deal with the Consumer Financial Protection Bureau as well as regulators in 49 states in the U.S.
The Obama administration said Thursday it would allow millions of Americans whose insurance policies had been canceled to purchase bare-bones plans next year, in another 11th-hour tweak to the law likely to cause consternation among health insurers.
TRENTON, N.J. (AP) - New Jersey's unemployment rate in November fell to 7.8 percent after a .6 percentage-point monthly decline �the largest drop on record for the state.